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Shiloh Industries Inc   (SHLO)
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Shiloh Industries Inc

Business Description


Shiloh Industries Inc, founded in 1950 and headquartered in Valley City, Ohio, is a global supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and other industrial markets. The company has operations in North America, Europe, and Asia.

Shiloh Industries* core competencies include high-pressure die casting, precision stamping, fine-blanking, precision machining, welding and assembly. The company*s product portfolio includes body structure components, chassis modules, interior trim, exhaust systems, and powertrain components, among others. Shiloh Industries is known for its innovation in lightweighting technologies that help improve fuel efficiency and reduce emissions in vehicles.

The company has extensive capabilities in metallurgy, material science, and engineering. It has more than 3,600 employees worldwide, with over 1,800 of them located in the United States. Shiloh Industries counts major automotive OEMs as its customers, including General Motors, Ford, Fiat Chrysler, Toyota, and Honda, among others.

Shiloh Industries has a global manufacturing footprint of 25 facilities, with 20 of them located in North America, four in Europe, and one in Asia. It has invested heavily in its manufacturing capabilities over the years and operates state-of-the-art facilities that leverage advanced technologies, including robotics, automation, and data analytics, to improve performance and quality.

The company*s commitment to sustainability is reflected in its manufacturing practices, where it incorporates environmentally friendly processes to reduce waste, conserve resources, and minimize its carbon footprint. Shiloh Industries also collaborates with universities and research institutions to develop new lightweighting technologies and products.

In terms of financial performance, Shiloh Industries reported revenue of $1.12 billion in fiscal year 2019, and its net income was $9.5 million. The company continues to invest in research and development to enhance its product portfolio and explore new market opportunities.



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