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SIFCO Industries, Inc. (“SIFCO”) Announces Third Quarter Fiscal 2018 Financial Results
Cleveland - SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its third quarter of fiscal 2018, which ended June 30, 2018. Third Quarter 2018 Highlights Backlog as of June 30, 2018 was $94.4 million. Our delivery requirements for the balance of the fiscal year total $39.7 million. Results for the Third Quarter Net sales in the third quarter of fiscal 2018 decreased 4.9% to $28.7 million, compared with $30.2 million in the third quarter of fiscal 2017. [...]
SIFCO Industries, Inc. Names Thomas Kubera Chief Financial Officer
Cleveland--SIFCO Industries, Inc. (NYSE American: SIF) today announced that it has named Thomas Kubera as its Chief Financial Officer, effective August 7, 2018. Mr. Kubera is the Company’s existing Chief Accounting Officer and has served as Interim Chief Financial Officer since July 2017. He also previously served as Interim Chief Financial Officer in 2015. His Chief Accounting Officer duties will be absorbed into his Chief Financial Officer role. Mr. Kubera has been with the Company since May 2014. CEO Peter [...]
SIFCO Industries, Inc. (“SIFCO”) Announces Second Quarter Fiscal 2018 Financial Results
Cleveland - SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its second quarter of fiscal 2018, which ended March 31, 2018. Second Quarter 2018 Highlights Total debt was reduced by $3.0 million. Backlog as of March 31, 2018 was $99.8 million. Our delivery requirements for the balance of the fiscal year total $64.3 million. Overall backlog is the highest of the previous three years. Significant sequential quarter-over-quarter improvement in pre-tax results after one-time non-GAAP measures are considered. [...]
SIFCO Industries Announces Career Fair to Support Company Growth
Cleveland--SIFCO Industries, Inc. (NYSE American: SIF) today announced a Career Fair for its Cleveland, Ohio location on Tuesday, February 27. SIFCO seeks to fill 16 positions, ranging from general labor and skilled trades to production supervision and engineering, to support its growth. “We’re excited to be creating and filling jobs in Cleveland that offer on-the-job training, opportunities for advancement, an exciting work environment and competitive pay and benefits,” said Matt Morrison, Vice President and General Manager of the Cleveland Forge [...]
SIFCO Industries, Inc. Names Tom Kubera Chief Accounting Officer
SIFCO Industries, Inc. Names Thomas Kubera Chief Accounting Officer Cleveland--SIFCO Industries, Inc. (NYSE American: SIF) today announced that it has named Thomas Kubera as its Chief Accounting Officer, effective January 31, 2018. Mr. Kubera is the Company’s existing Interim Chief Financial Officer and has been with SIFCO Industries, Inc. since May 2014. Mr. Kubera will continue in his role as Interim Chief Financial Officer. CEO Peter W. Knapper stated, “Tom is a highly respected member of SIFCO’s management team. As [...]
SIFCO earns NADCAP Metallic Materials Manufacturing Accreditation
Cleveland, Ohio – SIFCO Industries, Inc. (NYSE-American: SIF), February 2, 2018 On December 27, 2017 SIFCO’s Cleveland location became the first United States forging manufacturer to obtain NADCAP Metallic Materials Manufacturing certification (“MMM”). The scope of the audit undertaken to obtain this certification included forging equipment and processes to ensure consistency of manufacture. Other processes audited covered billet cutting, preparation, and heating, as well as post-forging operations. With mandates on the horizon from aerospace industry leaders, SIFCO proactively obtained the [...]
