Shiloh Industries Added to Russell 3000® Index
VALLEY CITY, Ohio, June 26, 2017 – Shiloh Industries, Inc. (NASDAQ: SHLO), a leading global supplier of lightweighting, noise, and vibration solutions to the automotive, commercial vehicle and other industrial markets, is being added to the broad-market Russell 3000® Index at the conclusion of the Russell indexes annual reconstitution, effective after the US market opens on June 26.
“We are pleased to be added to the Russell 3000 Index”, said Ramzi Hermiz, President and CEO. “We continue to deliver on our strategy to provide lightweighting solutions to the mobility market. We are seeing positive momentum in our business and increasing shareholder value as we focus on pursuing profitable growth.”
For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
About Shiloh Industries, Inc.:
Shiloh Industries, Inc. (NASDAQ: SHLO) (the “Company” or “Shiloh”) 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 North America, Europe and Asia.
About FTSE Russell:
FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world.
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For more information, visit www.ftserussell.com.
Mon, June 26, 2017