Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Samsung Electronics Shares Jump on HBM4 Mass Production Report 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Anta Sports Expands Global Footprint With Strategic Puma Stake 
Sony Q3 Profit Jumps on Gaming and Image Sensors, Full-Year Outlook Raised 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
DBS Expects Slight Dip in 2026 Net Profit After Q4 Earnings Miss on Lower Interest Margins 
VALLEY CITY, Ohio, Nov. 01, 2017 -- An industry leader in lightweighting, Shiloh Industries, Inc. (NASDAQ:SHLO) was recently honored at the 2017 International Die Casting Design Competition with an Excellence Award for the development of an aluminum cast, overdrive gear carrier.
The North American Die Casting Association (NADCA) recognized the structural integrity of Shiloh’s multi-functional, lightweight casting. The innovative design maintained strength and performance requirements, while reducing part weight by approximately 60% over steel, and eliminating an extensive secondary processing saving overall costs.
“Utilizing aluminum over traditional ferrous sintered metals resulted in a significant mass savings in the transmission, which can increase efficiency and improve fuel economy in the vehicle,” said Don Carter, director, advanced manufacturing engineering. “Shiloh’s proprietary, high-integrity casting process yields outstanding mechanical properties from an aluminum casting.”
The 2017 award, for excellence in structural/high integrity aluminum die casting, is Shiloh’s tenth international design award from NADCA.
“We are honored to be recognized once again by NADCA. Shiloh’s unique ability to develop innovative lightweighting solutions continues to assist our customers in reaching their performance and regulatory requirements, while also benefitting the environment,” according to David Jaeger, Shiloh senior vice president and managing director.
About Shiloh Industries:
Shiloh Industries, Inc. (NASDAQ:SHLO) is a global innovative solutions provider focusing on lightweighting technologies that provide environmental and safety benefits to the mobility market. The Company designs and manufactures products within body structure, chassis and powertrain systems, leveraging one of the broadest portfolios in the industry.
Shiloh’s multi-component, multi-material solutions are comprised of a variety of alloys in aluminum, magnesium and steel grades, along with its proprietary line of noise and vibration reducing ShilohCore acoustic laminate products. The strategic BlankLight®, CastLight® and StampLight® brands combine to maximize lightweighting solutions without compromising safety or performance.
The company has over 3,600 dedicated employees with operations, sales and technical centers throughout Asia, Europe and North America.
Contact:
Hilary Brazin
Senior Marketing Manager
Shiloh Industries
734-738-1362
