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IN THE PRESS
PRESS RELEASE RE C*BLADE
SIFCO Industries, Inc. completes the acquisition of C*Blade, an Italian forging and machining company serving the energy market July 1, 2015 – SIFCO Industries, Inc. (NYSE MKT: SIF) announced today that it has completed its acquisition of the Italian-based company C*Blade from Riello Investment Partners. “We’re pleased to have C*Blade as part of the SIFCO family”, said Michael S. Lipscomb, Chairman and Chief Executive Officer. “C*Blade’s best-in-class forging and machining capabilities will extend SIFCO’s global reach and expand our capabilities [...]
PRESS RELEASE RE CFO
SIFCO Industries, Inc. Names Salvatore Incanno Chief Financial Officer May 7, 2015 – Cleveland, Ohio – SIFCO Industries, Inc. (NYSE MKT: SIF) (the “Company”) today announced that it has named Salvatore (Sal) Incanno as its Chief Financial Officer, effective May 11, 2015. Mr. Incanno joins the Company with broad financial management experience and specific expertise in corporate development and treasury. Chairman and Chief Executive Officer Michael S. Lipscomb said, “Sal’s experience executing international transactions, coupled with his business leadership experience, [...]
PRESS RELEASE RE C*BLADE AND CFO
SIFCO Industries, Inc. Signs Definitive Agreement to Acquire C*Blade; CFO to Return to Private Equity Industry CLEVELAND – March 17, 2015 – SIFCO Industries, Inc. (NYSE MKT: SIF) announced today that It has entered into a definitive agreement to acquire the Italian-based company C*Blade from Riello Investment Partners. Closing will occur following satisfaction of certain conditions and regulatory approvals, currently anticipated by mid- 2015. In an unrelated development, SIFCO also announced that Catherine M. Kramer, Vice President and Chief Financial [...]
PRESS RELEASE RE MICHAEL LIPSCOMB
CLEVELAND – February 5, 2015 – SIFCO Industries, Inc. (“SIFCO or Company”), a leading provider of forgings and machined components for the aerospace and energy markets, announced that Michael S. Lipscomb was elected Chairman of the Board. Mr. Lipscomb replaces Jeffrey P. Gotschall who served as Chairman of the Board since 2001. Mr. Gotschall will remain on the Board as Chairman Emeritus. Mr. Lipscomb is currently Chief Executive Officer of SIFCO and has been a Director of the Company since [...]
MAGNET OPEN HOUSE
SIFCO Industries was pleased to host an Open House that focused on Sustaining Continuous Improvement. MAGNET (Manufacturing Advocacy & Growth Network) sponsored the event which featured keynote speakers from local companies with successful Lean programs. Following the presentations, 62 participants from 47 Cleveland area businesses were provided an in-depth tour of SIFCO’s Cleveland Forge operations. The tour provided an opportunity for the 189 Cleveland associates to show case improvements made over 7 years and 183 Lean/Six-Sigma events. Multiple guests commented that they were [...]
2014 ANNUAL DIVIDEND
NEWS RELEASE Date of Release: September 24, 2014 Contact: Catherine M. Kramer SIFCO Industries, Inc. (“Company” or “SIFCO”) is engaged in the production of forgings and machined components primarily for the aerospace and energy markets. The processes and services include forging, heat-treating, coating, and machining. 970 East 64th Street, Cleveland, OH 44103 Phone: (216) 881-8600 Fax: (216) 274-9734 Or visit our home page: www.sifco.com SIFCO Industries, Inc. Declares Cash Dividend Cleveland, Ohio – September 24, 2014 – The Board of [...]
