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News2019-07-31T09:25:06-04:00

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IN THE PRESS

4-3-2020 SIFCO Orange Fire Update

April 3, 2020 To:   Our Customers Re:   Update First, what a difference two weeks can make.  The advent of the Covid-19 virus outbreak and the subsequent unprecedented steps taken globally to mute its impact have created a unique situation.  We are committed to navigate this environment with you and will support you everywhere possible.  We trust that all of you remain safe and healthy. Continuing our communication on status of key actions as we work to recover from the fire [...]

April 3rd, 2020|Categories: News|

3-20-2020 SIFCO Orange Fire Update

March 20, 2020 To:   Our Customers Re:   Update Continuing our communication on status of key actions as we work to recover from the fire at our Orange location.  We understand that this event has caused an interruption in normal service from us. We are very pleased to share that the 2500T Press moved from MI is now in full production. The 2000T Press continues installation. This Press remains on the timeline to enter service mid-April. The remaining two presses to [...]

March 20th, 2020|Categories: News|

3-17-2020 Covid-19 Virus Update

March 17, 2020 To:   Our Customers Re:   The Covid-19 Virus Outbreak We are in uncertain and unprecedented times. Our first priority is for the safety and well being of you and the team at SIFCO. Over the past two weeks, we have taken specific actions and implemented various policies to safeguard us all as we continue to work.  These include heightened personal and environmental hygiene, travel restriction, visitor restrictions, social distancing and work from home where possible. We have also [...]

March 17th, 2020|Categories: News|

3-6-2020 SIFCO Orange Fire Update

March 6, 2020 To:   Our Customers Re:   Update Continuing our communication on status of key actions as we work to recover from the fire at our Orange location.  We understand that this event has caused an interruption in normal service from us. We are very pleased to share that the 2500T Press moved from MI has completed installation, is in the testing phase and expected to be forging first parts the week of March 9th. This will put us at [...]

March 6th, 2020|Categories: News|

2-21-2020 SIFCO Orange Fire Update

February 21, 2020 To:   Our Customers Re:   Update Continuing our communication on status of key actions as we work to recover from the fire at our Orange location.  We understand that this event has caused an interruption in normal service from us. We are very pleased to share that the 2500T Press moved from MI has completed installation and is in the cycling process prior to forging first parts. This will put us at now five operating presses on site. [...]

February 21st, 2020|Categories: News|

SIFCO Industries, Inc. (“SIFCO”) Announces First Quarter Fiscal 2020 Financial Results

Cleveland - SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its first quarter of fiscal 2020, which ended December 31, 2019. First Quarter Results Net sales in the first quarter of fiscal 2020 decreased 9.8% to $26.2 million, compared with $29.1 million for the same period in fiscal 2019. Net loss for the first quarter of fiscal 2020 was $1.34 million, or ($0.24) per diluted share, compared with net loss of $1.28 million, or $(0.23) per diluted [...]

February 18th, 2020|Categories: Investor Relations, News|

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