Shiloh Industries Reaches New Sustainability Milestone
SHILOH INDUSTRIES (SHLO)
Last shiloh industries earnings: 3/3 07:00 am
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Source: Business Wire
PLYMOUTH, Mich.--(BUSINESS WIRE)--Shiloh Industries (NASDAQ: SHLO), an environmentally focused global supplier of lightweighting, noise and vibration solutions, reached a new milestone with two more facilities using 100% certified renewable electric energy and its first fossil fuel free location.The latest pair of facilities utilizing 100% renewable electrical energy include Shiloh’s technical center in Gothenburg, Sweden and stamping plant in Forsheda, Sweden. Additionally, Shiloh’s Olofström, Sweden plant is the company’s first location operating with zero consumption of fossil fuels onsite or in the generation of purchased electricity. This brings the company-wide total of sites committed to 100% renewable electricity to seven.“Our product strategy benefits our customers and the environment by reducing vehicle weight and utilizing more sustainable manufacturing and supply chain processes,” said Ramzi Hermiz, president and CEO. “I am proud of our progress towards 100% renewables
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