Shiloh Industries Reaches New Sustainability Milestone
April 22 2020 - 1:10PM
Business Wire
Shiloh Industries (NASDAQ: SHLO), an environmentally focused
global supplier of lightweighting, noise and vibration solutions,
reached a new milestone with two more facilities using 100%
certified renewable electric energy and its first fossil fuel free
location.
The latest pair of facilities utilizing 100% renewable
electrical energy include Shiloh’s technical center in Gothenburg,
Sweden and stamping plant in Forsheda, Sweden. Additionally,
Shiloh’s Olofstr�m, Sweden plant is the company’s first location
operating with zero consumption of fossil fuels onsite or in the
generation of purchased electricity. This brings the company-wide
total of sites committed to 100% renewable electricity to
seven.
“Our product strategy benefits our customers and the environment
by reducing vehicle weight and utilizing more sustainable
manufacturing and supply chain processes,” said Ramzi Hermiz,
president and CEO. “I am proud of our progress towards 100%
renewables, and I am very excited to announce our first fossil fuel
free facility.”
Shiloh’s seven facilities committed to 100% renewable electric
energy include locations in Oss, Netherlands; Forsheda, Gothenburg
and Olofstr�m, Sweden; and Plymouth, Roseville and Warren,
Michigan. In addition to these sites committed to 100% renewable
energy, 11 Shiloh facilities are utilizing clean electrical energy
above 19%, with a target to achieve 100% renewable energy use
across all locations globally.
With the goal of carbon neutrality by 2035, Cheryl Johnson, vice
president, purchasing and supply chain, expounded on Shiloh’s
sustainability initiatives within its supply base. “We continue to
encourage our supply partners to identify opportunities to reduce
carbon emissions within the lifecycle of our products,” she said.
“For example, we are aligning ourselves with a manufacturer who is
focused on supplying carbon reduced steel and developing
fossil-free steelmaking technology. This sourcing strategy supports
our objective of reduced carbon throughout our value chain.”
Shiloh’s vision, ‘creating innovative solutions for sustainable
mobility and a safer, healthier environment,’ will continue to
motivate us towards the next milestone on our journey to carbon
neutrality.
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/20200422005814/en/
Hilary Brazin Senior Marketing Manager Shiloh Industries
Hilary.brazin@shiloh.com 734-738-1362
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