Associated tags: Aluminium, Sale, Carbon, Olympic Steel, Steel, Manufacturing, ZEUS, Machine Tools, Metalworking & Metallurgy, Minerals, Mining, Natural Resources, Other Manufacturing
Locations: PENNSYLVANIA, INDIANA, STREETSBORO, ILLINOIS, SCHAUMBURG, SOUTH CAROLINA, ARKANSAS, OKLAHOMA, OHIO, UNITED STATES, NORTH AMERICA, BAR, MICHIGAN, DETROIT, BIRMINGHAM, ENGLAND
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Growth Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that Anthony Roberts has joined the Company as General Manager for its two facilities located in Chambersburg, Pennsylvania.
Key Points:
- Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that Anthony Roberts has joined the Company as General Manager for its two facilities located in Chambersburg, Pennsylvania.
- As General Manager, Mr. Roberts assumes leadership for the Company’s facilities at 1530 and 1599 Nitterhouse Drive in Chambersburg.
- “Tony is a successful leader with international, multi-facility manufacturing experience and a proven track record of profit and sales growth.
- Chambersburg, one of several Olympic Steel fabrication facilities, is integral to these efforts, and we’re thrilled to have Tony, an experienced leader in this area, joining the team,” said Dave Gea, President – Carbon Flat Rolled.
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Nursing Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of George Frost to Vice President – Aluminum.
Key Points:
- Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of George Frost to Vice President – Aluminum.
- Frost will report directly to Andy Markowitz, President – Specialty Metals.
- “George’s thorough understanding of the specialty metals market, particularly aluminum, has been an effective resource for our commercial team and our customers.
- His extensive expertise will help us continue to increase our market share and firmly establish Olympic Steel as a preferred aluminum distributor and supplier,” said Markowitz.
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ZEUS Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2024.
Key Points:
- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended March 31, 2024.
- The results include $0.4 million of LIFO expense in the first quarter of 2024, compared with no LIFO adjustment in the first quarter of 2023.
- EBITDA for the first quarter of 2024 was $23.3 million, comparable to the $23.9 million earned in the first quarter of 2023.
- “Olympic Steel delivered solid results in the first quarter, with all three segments contributing to our profitability,” said Richard T. Marabito, Chief Executive Officer.
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ZEUS Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2024 financial results after the market closes on May 2, 2024.
Key Points:
- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its first-quarter 2024 financial results after the market closes on May 2, 2024.
- A webcast to discuss these results will be held on Friday, May 3, 2024 at 10:00 a.m. Eastern Time.
- Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer.
- If you are unable to listen to the live event, the webcast will be archived and available for replay on the company’s website.
Retrieved on:
Thursday, February 22, 2024
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Bank Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2023.
Key Points:
- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced results for the three and 12 months ended December 31, 2023.
- Adjusted EBITDA for the fourth quarter of 2023 was $16.7 million, compared with $11.9 million in the fourth quarter of 2022.
- Sales for the fourth quarter of 2023 totaled $489 million, compared with $520 million in the fourth quarter of 2022.
- The results include $8.3 million of LIFO pre-tax income in 2023, compared with $0.6 million of LIFO pre-tax expense in 2022.
Retrieved on:
Wednesday, January 24, 2024
Machine Tools, Metalworking & Metallurgy,
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Webcast Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its fourth-quarter 2023 financial results after the market closes on February 22, 2024.
Key Points:
- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, intends to release its fourth-quarter 2023 financial results after the market closes on February 22, 2024.
- A webcast to discuss these results will be held on Friday, February 23, 2024 at 10:00 a.m. Eastern Time.
- Olympic Steel webcast participants include Richard T. Marabito, Chief Executive Officer, Andrew Greiff, President and Chief Operating Officer and Richard A. Manson, Chief Financial Officer.
- If you are unable to listen to the live event, the webcast will be archived and available for replay on the company’s website.
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Nursing Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Anthony G. Dominic to Vice President – Safety, Health and Environment (SH&E).
Key Points:
- Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Anthony G. Dominic to Vice President – Safety, Health and Environment (SH&E).
- Mr. Dominic joined the Company in 2018 as Director – Safety, Health and Environment to lead the organization’s SH&E efforts.
- In total, he has more than 33 years of SH&E expertise from his time at Olympic Steel as well as experience at Whirlpool Corporation, General Electric and Culligan International.
- In his new role, Mr. Dominic will continue to lead the safety programs and teams across all Olympic Steel locations.
Retrieved on:
Wednesday, January 3, 2024
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Miami University Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Zachary J. Siegal to the newly created role of President – Manufactured Metal Products.
Key Points:
- Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced the promotion of Zachary J. Siegal to the newly created role of President – Manufactured Metal Products.
- For the past six years, he has played an instrumental role in leading the organization’s rapid strategic growth through acquisitions as the Vice President – Strategic Development.
- In his new role, Mr. Siegal will lead Olympic Steel’s newly created Manufactured Metal Products business group, which includes the Company’s McCullough Industries (WRIGHT®), Metal-Fab, Shaw Stainless & Alloy and EZ-Dumper® operations.
- Mr. Siegal is a member of the Cleveland Clinic Children’s Hospital Leadership Council and serves on Olympic Steel’s Environmental, Social and Governance (ESG) Steering Committee.
Retrieved on:
Thursday, November 2, 2023
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Bank Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.
Key Points:
- Olympic Steel, Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced financial results for the three months ended September 30, 2023.
- EBITDA for the third quarter of 2023 was $27.1 million, compared with $23.8 million in the third quarter of 2022.
- Third-quarter 2023 results include $2.0 million of LIFO pretax income and $4.0 million of pretax income from the Employee Retention Credit (under the CARES Act), compared with $1.5 million of LIFO pretax expense in the same period a year ago.
- “Olympic Steel’s performance in a challenging third-quarter market demonstrates the benefits of our actions to deliver more consistent results in all environments,” said Richard T. Marabito, Chief Executive Officer.
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Science Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that George R. Frost has joined the Company in the role of Director of National Sales – Aluminum.
Key Points:
- Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals service center, today announced that George R. Frost has joined the Company in the role of Director of National Sales – Aluminum.
- Frost joins Olympic Steel with nearly two decades of metals industry experience, including several commercial and distribution roles of increasing responsibility with national mills.
- George brings a wealth of industry, product and commercial expertise that will help fuel our continued expansion into the aluminum market,” said Andy Markowitz, President – Specialty Metals.
- “We are excited to welcome him to the team and will count on his contributions to help execute our aluminum growth strategy.”
Mr.