Ampco-Pittsburgh Subsidiary Introduces VICTURA™ TwinAlloy™ Steel Rolls
December 15 2017 - 8:12AM
Business Wire
Ampco-Pittsburgh Corporation (NYSE: AP) today announced that its
wholly-owned subsidiary, Union Electric Steel Corporation (“Union
Electric Steel”), has introduced TwinAlloy™ Steel, a new generation
of high-performance grade rolls, with the release of VICTURA™, the
first product in the series.
Used in hot rolling, late finishing stand applications, VICTURA
rolls are engineered to provide superior wear resistance, excellent
surface quality, and improved performance when compared to
conventional late stand rolls.
“I am pleased to announce the introduction of the Union Electric
Åkers TwinAlloy series of high-performance rolls, which brings
enhanced performance and improved Total Cost of Ownership to our
customers,” says Rodney Scagline, President of Union Electric
Steel.
“With the launch of VICTURA, we’re further strengthening our
portfolio to provide products that have the longer-lasting
durability, increased wear-resistance, and unparalleled performance
that our customers require to meet their ever-changing challenges.
Union Electric Steel will continue to introduce product and service
advancements that secure its position as the preferred brand among
our customers.”
For more information on VICTURA TwinAlloy Steel Rolls, please
visit the Union Electric Åkers Product page at www.uniones.com.
About Ampco-Pittsburgh Corporation
Ampco-Pittsburgh Corporation, through its operating subsidiary,
Union Electric Steel Corporation, is a leading producer of forged
and cast rolls for the worldwide steel and aluminum industries, as
well as ingot and open die forged products for the oil and gas,
aluminum, and plastic extrusion industries. Ampco-Pittsburgh is
also a producer of air and liquid processing equipment, primarily
custom-engineered finned tube heat exchange coils, large custom air
handling systems and centrifugal pumps. The Corporation operates
manufacturing facilities in the United States, Canada, United
Kingdom, Sweden, Slovenia, and China. Sales offices are located in
North and South America, Asia, Europe, and the Middle East.
Corporate headquarters is located in Carnegie, Pennsylvania.
The Private Securities Litigation Reform Act of 1995 (the “Act”)
provides a safe harbor for forward-looking statements made by or on
our behalf. This news release may contain forward-looking
statements that reflect our current views with respect to future
events and financial performance. All statements in this document
other than statements of historical fact are statements that are,
or could be, deemed forward-looking statements within the meaning
of the Act. In this document, statements regarding future financial
position, sales, costs, earnings, cash flows, other measures of
results of operations, capital expenditures or debt levels and
plans, objectives, outlook, targets, guidance or goals are
forward-looking statements. Words such as “may,” “intend,”
“believe,” “expect,” “anticipate,” “estimate,” “project,”
“forecast” and other terms of similar meaning that indicate future
events and trends are also generally intended to identify
forward-looking statements. Forward-looking statements speak only
as of the date on which such statements are made, are not
guarantees of future performance or expectations, and involve risks
and uncertainties. For Ampco-Pittsburgh, these risks and
uncertainties include, but are not limited to, those described
under Item 1A, Risk Factors, of Ampco-Pittsburgh’s Annual Report on
Form 10-K. In addition, there may be events in the future that we
are not able to predict accurately or control which may cause
actual results to differ materially from expectations expressed or
implied by forward-looking statements. Except as required by
applicable law, we assume no obligation, and disclaim any
obligation, to update forward-looking statements whether as a
result of new information, events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20171215005321/en/
Ampco-Pittsburgh CorporationMelanie L. Sprowson,
412-429-2454Director, Investor Relationsmsprowson@ampcopgh.com
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