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May 22, 2015 10:13 PM ET

Metals and Mining

Company Overview of Ampco-Pittsburgh Corp.

Company Overview

Ampco-Pittsburgh Corporation, together with its subsidiaries, manufactures and sells custom designed engineering products 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 by producers of steel, aluminum, and other metals; ingot and open die forged products, which are used in the gas and oil, and the aluminum and plastic extrusion industries; and cast rolls for hot and cold strip mills, medium/heavy section mills, and plate mills in various iron and steel qualities. The Air and Liquid Pr...

600 Grant Street

Suite 4600

Pittsburgh, PA 15219

United States

Founded in 1929

1,076 Employees

Phone:

412-456-4400

Key Executives for Ampco-Pittsburgh Corp.

Chief Financial Officer, Principal Accounting Officer and Treasurer
Age: 49
Total Annual Compensation: $291.1K
Chairman of Union Electric Steel Corporation, Chief Executive Officer of Union Electric Steel Corporation and President of Union Electric Steel Corporation
Age: 64
Total Annual Compensation: $394.9K
Chief Executive Officer of Air & Liquid Systems Corporation
Age: 54
Total Annual Compensation: $285.9K
Chief Administrative Officer, Executive Vice President and Corporate Secretary
Age: 58
Total Annual Compensation: $423.8K
Compensation as of Fiscal Year 2014.

Ampco-Pittsburgh Corp. Key Developments

Ampco-Pittsburgh Corp. Reports Earnings Results for the First Quarter Ended March 31, 2015

Ampco-Pittsburgh Corp. reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company announced sales and net income of $65,087,000 and $72,000 or $0.01 per common share, respectively, against sales and net income of $62,913,000 and $78,000 or $0.01 per common share for the same period in 2014. Income from operations was $502,000 compares to $777,000 for the first three months of 2014. Operating income for 2015 includes a pre-tax curtailment charge of approximately $1,200,000 associated with a partial freezing of the U.S. Defined Benefit Plan but benefited from a pre-tax credit of approximately $750,000 relating to the collection of accounts receivable previously written off. Income before income taxes was $122,000 compared to $895,000 a year ago.

Ampco-Pittsburgh Corp., Q1 2015 Earnings Call, May 06, 2015

Ampco-Pittsburgh Corp., Q1 2015 Earnings Call, May 06, 2015

Ampco-Pittsburgh Corp., Annual General Meeting, May 05, 2015

Ampco-Pittsburgh Corp., Annual General Meeting, May 05, 2015., at 10:00 US Eastern Standard Time. Location: the Adams Room, 4th Floor. Agenda: To elect a class of four directors for a term that expires in 2018; to hold a non-binding, advisory vote on executive compensation; to ratify the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for 2015; and to transact such other business as may properly come before the meeting and any adjournment or postponement thereof.

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