Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells specialty metal products and customized equipment to commercial and industrial users worldwide. It operates in two segments, Forged and Cast Engineered Products; and Air and Liquid Processing. The Forged and Cast Engineered Products segment produces forged hardened steel rolls that are used in cold rolling mills by producers of steel, aluminum, and other metals; cast rolls for hot and cold strip, medium/heavy section, hot strip finishing, roughing, and plate mills in various iron and steel qualities; and forged engineered products for use in the steel distribution, oil and gas, and aluminum and plastic extrusion industries. This segment also offers forged rolls for cluster and Z-Hi mills; work rolls for narrow and wide strip and aluminum mills; back-up rolls for narrow strip mills; leveling rolls and shafts; and distributes tool steels, alloys, and carbon round bars. The Air and Liquid Processing segment produces custom-engineered finned tube heat exchange coils and related heat transfer products for various industries, including OEM/commercial, nuclear power generation, and industrial manufacturing; and custom-designed air handling systems for institutional, pharmaceutical, and general industrial building markets. This segment also provides centrifugal pumps the fossil-fueled power generation, marine defense, and industrial refrigeration industries. The company was incorporated in 1929 and is headquartered in Carnegie, Pennsylvania.
IPO Year:
Exchange: NYSE
Website: ampcopgh.com
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4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
4 - AMPCO PITTSBURGH CORP (0000006176) (Issuer)
Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Tuesday, May 13, 2025, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the first quarter ended March 31, 2025. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call
Ardent Health (NYSE:ARDT), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced the appointment of Robert A. DeMichiei to its board of directors. A seasoned leader with over 30 years of experience in financial strategy, healthcare operations, and board governance, Mr. DeMichiei served as executive vice president and chief financial officer at the University of Pittsburgh Medical Center (UPMC) from 2004 to 2020. During his tenure, he played a pivotal role in driving UPMC's financial growth and led numerous strategic initiatives, including mergers and acquisitions, supply chain management, and revenue cycle improvements. Prior to joining U
Reported earnings per common share of approximately $0.16 for 4Q 2024 and $0.02 for full year 2024. Net cash flows provided by operating activities of $7.5 million for 4Q 2024 and $18.0 million for full year 2024. 2024 full year income from operations of $12.2 million includes a $4.1 million non-cash asbestos-related revaluation benefit recorded in Q4 2024. 2024 full year non-GAAP adjusted income from operations of $8.0 million improved $3.7 million vs 2023. Record Air and Liquid Processing segment sales in 2024. Segment sales increased 6.5% for 4Q 2024 and 11% for 2024 full year compared to prior year periods. Exploring options to mitigate losses in underutilized cast roll opera
Ampco-Pittsburgh Corporation (NYSE:AP) announced today that its wholly-owned subsidiary, Union Electric Steel Corporation ("Union Electric Steel"), will raise base prices on all forged and cast products that it and its subsidiaries produce globally. This increase is effective immediately on all new orders. Material and energy surcharges will remain in effect. The price adjustments are driven by inflationary cost increases in labor, health care, mill supplies, and elements not included in the surcharge. Consequently, Union Electric Steel will increase its base pricing levels on all forged and cast products by 6-8%. Commenting on the announcement, Skip Reinert, Vice President – Sales & Mark
Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Thursday, March 13, 2025, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the fourth quarter ended December 31, 2024. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after
Aims to Install an Independent Slate and Legendary CEO Committed to Abandoning the Blocked Nippon Deal, Collecting the $565 Million Breakup Fee and Making U.S. Steel Great Again in the Public Market Believes the Board's Decision to Pursue a Risky Sale to Nippon – an Overseas Bidder Paying Just $1 Per Share More Than the Top Domestic Bidder – Has Led to a Dead End Contends the Board and CEO David Burritt, Who Collectively Stood to Receive $100+ Million if the Sale Proceeded, Prioritized Deal Advocacy at the Expense of Financial Health and Operational Performance Expresses Concern About the Board and Mr. Burritt Continuing to Devote Immense Resources to Litigation Despite Legal Headwind
Operating income of $1.9 million in Q3 2024 and $7.0 million year-to-date. Improved margins in Forged and Cast Engineered Products lead operating results higher than prior year. Strong U.S. forged business results including impact of new equipment more than offsets cyclically weak cast roll demand. Higher sequential backlog in Q3 2024 vs Q2 2024 led by higher roll order intake. Ampco-Pittsburgh Corporation (NYSE:AP) reported net sales of $96.2 million and $317.4 million for the three and nine months ended September 30, 2024, respectively, compared to $102.2 million and $314.2 million for the three and nine months ended September 30, 2023, respectively. The net sales decline for
Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Tuesday, November 12, 2024, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the third quarter ended September 30, 2024. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after
Ampco-Pittsburgh Corporation (NYSE:AP) ("Ampco-Pittsburgh") today announced that the Buffalo Air Handling Division ("Buffalo Air Handling") of Air and Liquid Systems Corporation ("Air and Liquid Systems"), a wholly owned subsidiary of Ampco-Pittsburgh, has received an $8.7 million order for a custom air handling project for a major pharmaceutical company. The order is expected to ship in 2025. David Anderson, President of Air and Liquid Systems commented, "The pharmaceutical market is one of the key markets for our custom air handling product line. While we have seen strong order demand from this market over the last year, this is the largest order we have ever received from the pharmaceut
Strong sequential earnings improvement delivered at top end of previous guidance range. Q2 2024 operating income up 53% over prior-year period led by Forged and Cast Engineered Products segment improvement. Air and Liquid Processing segment sales up 19% for both Q2 and YTD compared to prior-year periods. Ampco-Pittsburgh Corporation (NYSE:AP) reported net sales of $111.0 million and $221.2 million for the three and six months ended June 30, 2024, respectively, compared to $107.2 million and $212.0 million for the three and six months ended June 30, 2023, respectively. The increase is attributable to sales growth in the Air and Liquid Processing segment. The Corporation reported
Ardent Health (NYSE:ARDT), a leading provider of healthcare in growing mid-sized urban communities across the U.S., today announced the appointment of Robert A. DeMichiei to its board of directors. A seasoned leader with over 30 years of experience in financial strategy, healthcare operations, and board governance, Mr. DeMichiei served as executive vice president and chief financial officer at the University of Pittsburgh Medical Center (UPMC) from 2004 to 2020. During his tenure, he played a pivotal role in driving UPMC's financial growth and led numerous strategic initiatives, including mergers and acquisitions, supply chain management, and revenue cycle improvements. Prior to joining U
Enters into Cooperation Agreement with Ancora Ampco-Pittsburgh Corporation (NYSE:AP) ("Ampco-Pittsburgh" or the "Corporation") today announced that it has appointed three independent directors to its Board of Directors (the "Board"), two of whom were appointed in connection with an agreement with Ancora Holdings Group, LLC (together with its affiliates, "Ancora"), a shareholder which currently owns approximately 5.6% of the Corporation's outstanding shares. Frederick D. DiSanto and Darrell L. McNair will join the Board as members of the class of directors to be elected at the 2023 Annual Meeting of the Corporation's shareholders, effective immediately pursuant to a Cooperation Agreement en
Ampco-Pittsburgh Corporation (NYSE:AP) (the "Corporation" or "Ampco-Pittsburgh") today announced the appointment of David G. Anderson as President of Air & Liquid Systems Corporation ("Air & Liquid Systems"), a wholly-owned subsidiary of Ampco-Pittsburgh, effective January 1, 2022. Mr. Anderson succeeds Terrence W. Kenny, who has served as Air & Liquid Systems' President since 2010 and has announced his retirement. Brett McBrayer, Chief Executive Officer of the Corporation, stated, "Terry's retirement will cap more than three decades of achievement and growth. He and his valued leadership will be greatly missed. On behalf of the Board and the Corporation, I would like to thank Terry for hi
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Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Tuesday, May 13, 2025, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the first quarter ended March 31, 2025. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call
Reported earnings per common share of approximately $0.16 for 4Q 2024 and $0.02 for full year 2024. Net cash flows provided by operating activities of $7.5 million for 4Q 2024 and $18.0 million for full year 2024. 2024 full year income from operations of $12.2 million includes a $4.1 million non-cash asbestos-related revaluation benefit recorded in Q4 2024. 2024 full year non-GAAP adjusted income from operations of $8.0 million improved $3.7 million vs 2023. Record Air and Liquid Processing segment sales in 2024. Segment sales increased 6.5% for 4Q 2024 and 11% for 2024 full year compared to prior year periods. Exploring options to mitigate losses in underutilized cast roll opera
Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Thursday, March 13, 2025, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the fourth quarter ended December 31, 2024. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after
Aims to Install an Independent Slate and Legendary CEO Committed to Abandoning the Blocked Nippon Deal, Collecting the $565 Million Breakup Fee and Making U.S. Steel Great Again in the Public Market Believes the Board's Decision to Pursue a Risky Sale to Nippon – an Overseas Bidder Paying Just $1 Per Share More Than the Top Domestic Bidder – Has Led to a Dead End Contends the Board and CEO David Burritt, Who Collectively Stood to Receive $100+ Million if the Sale Proceeded, Prioritized Deal Advocacy at the Expense of Financial Health and Operational Performance Expresses Concern About the Board and Mr. Burritt Continuing to Devote Immense Resources to Litigation Despite Legal Headwind
Operating income of $1.9 million in Q3 2024 and $7.0 million year-to-date. Improved margins in Forged and Cast Engineered Products lead operating results higher than prior year. Strong U.S. forged business results including impact of new equipment more than offsets cyclically weak cast roll demand. Higher sequential backlog in Q3 2024 vs Q2 2024 led by higher roll order intake. Ampco-Pittsburgh Corporation (NYSE:AP) reported net sales of $96.2 million and $317.4 million for the three and nine months ended September 30, 2024, respectively, compared to $102.2 million and $314.2 million for the three and nine months ended September 30, 2023, respectively. The net sales decline for
Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Tuesday, November 12, 2024, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the third quarter ended September 30, 2024. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after
Strong sequential earnings improvement delivered at top end of previous guidance range. Q2 2024 operating income up 53% over prior-year period led by Forged and Cast Engineered Products segment improvement. Air and Liquid Processing segment sales up 19% for both Q2 and YTD compared to prior-year periods. Ampco-Pittsburgh Corporation (NYSE:AP) reported net sales of $111.0 million and $221.2 million for the three and six months ended June 30, 2024, respectively, compared to $107.2 million and $212.0 million for the three and six months ended June 30, 2023, respectively. The increase is attributable to sales growth in the Air and Liquid Processing segment. The Corporation reported
Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Tuesday, August 13, 2024, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the second quarter ended June 30, 2024. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the
Ampco-Pittsburgh Corporation (NYSE:AP) reported net sales of $110.2 million for the three months ended March 31, 2024, compared to $104.8 million for the three months ended March 31, 2023. The increase is attributable to sales growth in the Air and Liquid Processing segment. The Corporation reported income from operations of $0.1 million for the three months ended March 31, 2024, which declined compared to income from operations of $2.0 million for the three months ended March 31, 2023. A major driver of the change was higher repair expense and the impact of plant downtime caused by fire damage at a foreign cast roll facility. In addition, the Air and Liquid Processing segment was impacte
Ampco-Pittsburgh Corporation (NYSE:AP) will hold a conference call on Tuesday, May 14, 2024, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the first quarter ended March 31, 2024. If you would like to participate in the conference call, please register using the link below or by dialing 1-844-308-3408 at least five minutes before the 10:30 a.m. ET start time. We encourage participants to pre-register for the conference call using the following link. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the cal