Shiloh Industries Announces Two Additional Facilities With 100% Certified Renewable Electric Energy
February 18 2020 - 2:52PM
Business Wire
Shiloh Industries (NASDAQ: SHLO), an environmentally focused
global supplier of lightweighting, noise and vibration solutions
continues on its path to carbon neutrality with two additional
facilities using 100% certified renewable electrical energy.
The facilities, located in Olofstr�m, Sweden and Oss,
Netherlands, join three of Shiloh’s North American locations
committed to using renewables as their power source. Positioned in
central Europe, the Olofstr�m plant supports many global OEMs with
large stampings, showcasing their world-class, deep draw ability.
Shiloh’s Oss facility manufactures large structural castings in
both aluminum and magnesium. The two plants have already
implemented and are currently using clean energy, while the
locations in Warren, Roseville and Plymouth, Michigan recently
enrolled in a green power program commencing in January 2021.
Twelve additional Shiloh facilities are also utilizing clean
electrical energy, ranging between 19% and 63%, with a target to
achieve 100% renewable energy use across all locations
globally.
“We are a leader in automotive lightweighting through our laser
welding, structural die casting, and stamping technologies that
reduce weight to improve fuel economy, extend battery range and
reduce CO2 emissions on the vehicle and within the supply chain,”
said Ramzi Hermiz, president and CEO. “The utilization of renewable
energy is just one part of the company’s overall environmental
initiative.”
Additionally the company:
- manufactures a 100% sustainable product portfolio; using only
materials which can be recycled at end-of-use.
- established a global network of landfill-free facilities; in
2018 alone, Shiloh diverted approximately 340 million pounds of
waste away from landfills.
- invests 100% of R&D funds in initiatives that benefit the
environment through lightweighting and cleaner, more efficient
manufacturing processes.
“Our focus on the environment has guided our product strategy,
technology development, manufacturing operations and investments
for over six years,” Hermiz said. “Shiloh continues to partner with
our energy providers, equipment manufacturers, suppliers and
customers to identify additional opportunities to support our goal
of carbon neutrality by 2035.”
About Shiloh Industries,
Inc.
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.
Shiloh designs and manufactures products within body structure,
chassis and propulsion systems. Shiloh’s multicomponent,
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. Shiloh has approximately 3,600
dedicated employees with operations, sales and technical centers
throughout Asia, Europe and North America.
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version on businesswire.com: https://www.businesswire.com/news/home/20200218006004/en/
Hilary Brazin Senior Marketing Manager Shiloh Industries
Hilary.brazin@shiloh.com 734-738-1362
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