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Ampco-Pittsburgh Corporation
Type
Public
Traded as NYSE: AP
Industry Steel
Founded 1929
Headquarters Pittsburgh, Pennsylvania
Key people
John S. Stanik, CEO
Products rolled steel
steel plating
coils
pumps
Revenue IncreaseUS$299M (FY 2009)
Operating income
IncreaseUS$46.7M (FY 2009)
Net income
IncreaseUS$27.8M (FY 2009)
Total assets DecreaseUS$472M (FY 2009)
Total equity IncreaseUS$179M (FY 2009)
Number of employees
1,300
Website www.ampcopgh.com


Ampco-Pittsburgh Corporation (American Metal Products Company) is a specialty steel manufacturer headquartered in Downtown Pittsburgh, Pennsylvania. It is one of several companies to bear the Ampco name, and it should not be confused with the Milwaukee-based copper base alloy producer, Ampco Metal Inc.; the Miami-based cabinetry company; the Swiss aluminum corporation; or the Dallas-based tool company. Ampco was formed in 1929 and is a conglomerate made up of several previously established small steel makers. Five small companies operate under the Ampco umbrella in two different product segments.

The Forged and Cast Rolls portion of the corporation includes two companies: Union Electric Steel and Davy Rolling Company. Union Electric is the world's largest producer of rolled steel, which is used in the cold rolling process of making many metals. The subsidiary offers a variety of grades of thickness and hardness for the product. Davy Rolling Company, a former British corporation, creates cast rolls, heavy duty rolls, and specialty rolls.

The Air and Liquid Processing Segment of the company comprises Aerofin, Buffalo Air Handling, and Buffalo Pumps. Aerofin creates steel coils for use industrially in power plants and oil extraction and commercially in automobiles, and heating/cooling systems. Under Buffalo Air Handling, metal plating, parts, and fans for huge ventilation and refrigeration systems are manufactured. Buffalo Pumps is the maker of a variety of pumps for various industries.

In 2008, their chairman & former CEO, Robert Paul, became a minority partner in the Pittsburgh Steelers, purchasing a minority stake in order to keep controlling ownership within the Rooney family. Paul and his family acquired a 16% stake in the team as part of the deal, though the Rooneys will remain as primary owners.

News

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q3 2018 2018-11-08 0.00 -0.56
Q2 2018 2018-08-09 0.00 -0.24
Q1 2018 2018-05-10 0.00 0.08
Q4 2017 2018-03-14 0.00 -0.26
Q3 2017 2017-11-06 0.00 -0.18
Q2 2017 2017-08-08 0.00 -0.16
Q1 2017 2017-05-09 0.00 -0.39
Q4 2016 2017-03-14 0.00 -3.51
Q3 2016 2016-11-01 0.00 -2.23
Q2 2016 2016-08-03 0.00 -0.53

Ratings

1970-01-01
1970-01-01

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Louis Berkman Investment CO 12.25%  (1276485) AP /
STANIK JOHN S Chief Executive Officer 0.31%  (31832) AP / CCC / FNB /
CARROLL LEONARD M 0.17%  (17414) AP /
PAUL STEPHEN E 0.15%  (15914) AP /
PAUL LAURENCE E 0.15%  (15914) AP /
PFORZHEIMER CARL H II 0.15%  (15914) AP /
GOULD PAUL A 0.15%  (15914) AP / DISCA / LBTYA /
GERMAN MICHAEL I 0.14%  (15049) AP /
LIEBERMAN WILLIAM K 0.14%  (14914) AP /
SIDDONS ERNEST G 0.13%  (13921) AP /
HOOVER ROSE Senior Vice President 0.12%  (12359) AP /
APPEL ROBERT J 0.12%  (12115) AP /
ABEL JAMES J 0.12%  (12049) AP / LGL /
Scagline Rodney President of Union Electric 0.11%  (11730) AP /
Stromholm Fredrik 0.08%  (8209) AP /
McAuley Michael G V.P., CFO & Treasurer 0.07%  (7618) AP / RTI /
Trainor Maria V.P. & General Counsel 0.06%  (6618) AP /
JOHNSON MARLISS Vice President 0.05%  (5652) AP /
KENNY TERRENCE W Group Vice President 0.05%  (4884) AP /
GAMCO INVESTORS, INC. ET AL 0.04%  (4500) AP / BBGI / CVCO / GBL / INAP / JRN / KAMN / MYE / PBY / SLI / TG / WHG /
Clutterbuck Timothy President of ASW Steel Inc 0.01%  (1424) AP /

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