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Shiloh Industries Inc   (SHLO)
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Shiloh Industries Inc 's

Competitiveness


 

SHLO Sales vs. its Competitors Q2 2020



Comparing the current results to its competitors, Shiloh Industries Inc reported Revenue decrease in the 2 quarter 2020 year on year by -41.02 %, faster than the overall decrease of Shiloh Industries Inc 's competitors by -33.85 %, recorded in the same quarter.

List of SHLO Competitors





Revenue Growth Comparisons




Net Income Comparison


Shiloh Industries Inc , faster than the decline experienced by the competitors recorded a net loss, as well as most of its competitors.

<<  SHLO Stock Performance Comparisons


Shiloh Industries Inc 's Comment on Competitors and Industry Peers


Shiloh competes in the laser welding, stamping, die casting and close-tolerance machining industries. Competitors within Shiloh’s main product brands vary. BlankLight™ competitors include numerous metal blanking companies ranging in all sizes, including raw material manufacturers and customers. Welded blank competition in North America is primarily comprised of TWB Company LLC and ArcelorMittal USA. Most laser welded blank competitors are affiliated with raw material or distribution providers. Competition for sales of automotive stamping and assemblies is also intense. Primary StampLight™ competitors are Gestamp, L&W, Inc., Flex-n-Gate Corporation, Midway Products Group Inc., Narmco Group and Kirchhoff Automotive Group. CastLight™ competitors include Bocar Group, Cosma International (a Magna Company), Georg Fischer, KSM Casting Group, Madison Kipp Corporation (MKC), Meridian (subsidiary of Wangfeng Auto Holdings Group), Nemak, Pace Industries, RCM Industries and Ryobi Aluminum Casting (USA), Inc., which are all competing for a growing number of automotive projects. In almost all instances, Shiloh competes through its main strategy of "Lightweighting without compromise®", the ability to provide solutions that do not compromise part integrity such as performance, safety, sound and efficiency. Development and design optimization to lightweight products allow customers to achieve vehicle weight, fuel economy and/or ride and handling targets.