News and Press releases

Carnegie, PA, November 3, 2021 — Ampco-Pittsburgh Corporation (NYSE: AP) announced today that its subsidiary, Union Electric Steel Corporation (“Union Electric Steel”), will raise prices on forged and cast roll products that it and its subsidiaries produce globally. This increase is effective immediately on all orders. The price adjustments are driven by continued upward pricing…

Carnegie, PA, October 25, 2021 — Ampco-Pittsburgh Corporation (NYSE: AP) announced today that its subsidiary, Union Electric Steel Corporation (“Union Electric Steel” or “the Corporation”), will raise prices on its forged engineered products (FEP). This increase is effective immediately on all new orders received as of October 25, 2021, or as relevant contract terms permit.…

Carnegie, PA, January 22, 2019 — Ampco-Pittsburgh Corporation (NYSE: AP) today announced the appointment of Samuel C. Lyon as President of Union Electric Steel Corporation (“Union Electric Steel”), a wholly-owned subsidiary of Ampco-Pittsburgh, effective February 4, 2019. Mr. Lyon succeeds Rodney Scagline, former Union Electric Steel President. The Corporation would like to thank Mr. Scagline…

Carnegie, PA, June 25, 2018 — Ampco-Pittsburgh Corporation (NYSE: AP) announced today that its Board of Directors has elected J. Brett McBrayer, age 52, as Chief Executive Officer (CEO) and Director, effective July 1, 2018. Mr. McBrayer succeeds the Corporation’s current CEO, John S. Stanik, who announced his impending retirement in October 2017. Mr. McBrayer…

Carnegie, PA, April 18, 2018 — Ampco-Pittsburgh Corporation (NYSE: AP) announced today that its subsidiary, Union Electric Steel Corporation (“Union Electric Steel”), will raise prices on forged and cast roll products that it and its subsidiaries produce globally. These subsidiaries include the acquired companies formerly comprising the Åkers Group (“Åkers”). This increase is effective immediately…

Carnegie, PA, December 15, 2017 — Ampco-Pittsburgh Corporation (NYSE: AP) today announced that its wholly-owned subsidiary, Union Electric Steel Corporation (“Union Electric Steel”), has introduced TwinAlloy Steel, a new generation of high-performance grade rolls, with the release of VICTURA, the first product in the series. Used in hot rolling, late finishing stand applications, VICTURA rolls…

Carnegie, PA, October 5, 2017 — Ampco-Pittsburgh Corporation (NYSE: AP) today announced that its wholly-owned subsidiary, Union Electric Steel Corporation (“Union Electric Steel”), has been selected by Zhongwang (Yingkou) High Precision Aluminum Industry Co., Ltd (“Zhongwang Aluminum”), a leading Chinese manufacturer of high-end aluminum flat-rolled products, to supply rolls for their new hot rolling mill…

Carnegie, PA, October 5, 2017 — Ampco-Pittsburgh Corporation (NYSE: AP) today announced that its wholly-owned subsidiary, Union Electric Steel Corporation (“Union Electric Steel”), has been selected by Zhongwang (Yingkou) High Precision Aluminum Industry Co., Ltd (“Zhongwang Aluminum”), a leading Chinese manufacturer of high-end aluminum flat-rolled products, to supply rolls for their new hot rolling mill…

Carnegie, PA, July 10, 2017 — Ampco-Pittsburgh Corporation (NYSE: AP) announced today that its subsidiary, Union Electric Steel Corporation (“Union Electric Steel”), will raise prices on forged and cast engineered products that it and its subsidiaries produce globally. These subsidiaries include the acquired companies formerly comprising the Åkers Group (“Åkers”). This increase is effective August…

Carnegie, PA, November 1, 2016 — Ampco-Pittsburgh Corporation (NYSE: AP) is pleased to announce the acquisition of ASW Steel, Inc. (“ASW”), a premier specialty steel producer based in Welland, Ontario, Canada. The total purchase price of ASW is approximately $13.1 million, including $3.5 million in cash and assumption of approximately $9.6 million of outstanding indebtedness.…