PLYMOUTH, Michigan – (COMMERCIAL THREAD) – Shiloh Industries (NASDAQ: SHLO), an environmentally-focused global provider of weight reduction, noise and vibration solutions, continues on its path to carbon neutrality with two additional facilities using 100 certified renewable electrical energy %.
The facilities, located in OlofstrÃ¶m, Sweden and Oss, the Netherlands, join three of Shiloh’s North American sites committed to using renewable energy as an energy source. Located in Central Europe, the OlofstrÃ¶m plant supports many global OEMs with large stampings, showcasing their world-class deep drawing capability. The Oss factory in Shiloh manufactures large structural castings from aluminum and magnesium. Both plants have already been implemented and are currently using clean power, while sites in Warren, Roseville and Plymouth, Mich., Recently signed up for a green power program starting in January 2021.
Twelve other Shiloh facilities also use clean electric power, between 19% and 63%, with the goal of achieving 100% renewable energy use at all sites around the world.
“We are a leader in automotive weight reduction with our laser welding, structural die casting and stamping technologies that reduce weight to improve fuel economy, extend battery life and reduce emissions.” of CO2 on the vehicle and within the supply chain, âsaid Ramzi Hermiz, President and CEO. âThe use of renewable energy is only part of the overall environmental initiative of the company.
In addition, the company:
manufactures a portfolio of 100% sustainable products; using only recyclable materials at the end of use.
established a worldwide network of non-landfill facilities; in 2018 alone, Shiloh diverted around 340 million pounds of waste from landfills.
invests 100% of R&D funds in initiatives that benefit the environment through leaner, cleaner and more efficient manufacturing processes.
âOur attention to the environment has guided our product strategy, technology development, manufacturing operations and investments for over six years,â said Hermiz. “Shiloh continues to partner with our energy suppliers, equipment manufacturers, suppliers and customers to identify additional opportunities to support our goal of carbon neutrality by 2035.”
About Shiloh Industries, Inc.
Shiloh Industries, Inc. (NASDAQ: SHLO) is a global provider of innovative solutions focusing on weight reduction technologies that deliver environmental and safety benefits to the mobility market. Shiloh designs and manufactures products within body structure, chassis and propulsion systems. Shiloh’s multi-component and multi-material solutions consist of a variety of aluminum, magnesium and steel alloys, as well as its exclusive line of ShilohCoreÂ® acoustic laminate products reducing noise and vibration. The strategic brands BlankLightÂ®, CastLightÂ® and StampLightÂ® combine to maximize weight reduction solutions without compromising safety or performance. Shiloh has approximately 3,600 dedicated employees with operations, sales and technical centers in Asia, Europe and North America.