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Universal Stainless
Latest News
Universal Stainless Reports 4Q12 Sales Consistent with Low Activity Levels Industry-Wide
29 January 2013 - Universal Stainless & Alloy Products said economic uncertainty kept customers focused on inventory reduction at 2012 year-end, but there are early signs that some customers are returning to the market, with most predicting only a gradual recovery in meaningful demand.
Universal Stainless Reports Preliminary Q4 Results
18 January 2013 - Universal Stainless & Alloy Products, Inc. said its fourth quarter results will be lower than expected as activity levels were down across most of its end markets.
Universal Stainless Achieves Nadcap Materials Testing Laboratory Accreditation for Bridgeville Facility
19 December 2012 - Universal Stainless & Alloy Products, Inc. announced that it has achieved Nadcap Materials Testing Laboratory accreditation at its Bridgeville, Pa., facility.
Universal Stainless Achieves Nadcap Materials Testing Laboratory Accreditation for Bridgeville Facility
19 December 2012 - Universal Stainless & Alloy Products, Inc. announced that it has achieved Nadcap Materials Testing Laboratory accreditation at its Bridgeville, Pa., facility.
Universal Stainless Reports Correction to Previously Reported Third Quarter 2012 Results
05 November 2012 - Universal Stainless & Alloy Products, Inc. is correcting the results for the third quarter of 2012 previously reported on 24 October 2012. This was necessitated by the discovery of an incorrect customer invoice, for which a credit memo has now been issued.
Universal Stainless Reports Third Quarter 2012 Results
24 October 2012 - As it reported its third quarter 2012 results, Universal Stainless & Alloy Products says it is encouraged by the continued expansion of its aerospace-related businesses, but that other industries have been moving cautiously through the second half of the year due to global economic conditions and overall uncertainty.
Universal Stainless Provides Update on Bookings
27 September 2012 - Universal Stainless & Alloy Products, Inc. reported that based on updated information and continued shifts in customer demand, it now expects its order entry for September to approximate the monthly average of the trailing three months.
Universal Stainless Achieves Nadcap Materials Testing Laboratory Accreditation for North Jackson
06 September 2012 - Universal Stainless & Alloy Products' North Jackson, Ohio, facility recently completed the Nadcap audit, successfully meeting all requirements for checklists AC7101/1 Rev E, the general requirement for all Nadcap accredited laboratories, and AC7101/2 Rev C for chemical testing.
Universal Stainless Announces Resignation of Senior VP of Operations
31 August 2012 - Universal Stainless & Alloy Products, Inc. announced the resignation of William W. Beible Jr. from his position with the company in order to pursue other interests.
Universal Stainless Reports Second Quarter 2012 Results
20 July 2012 - Universal Stainless & Alloy Products, Inc. reported today that sales for the second quarter of 2012 were $67.9 million, an increase of 7% from the second quarter of 2011 but 9% below the record 2012 first quarter.
Oates of Universal Stainless Wins 2012 E&Y Entrepreneur of the Year Award
29 June 2012 - Universal Stainless & Alloy Products, Inc. (Nasdaq:USAP) announced that Dennis M. Oates, Chairman, President and Chief Executive Officer, has received the Ernst & Young Entrepreneur of the Year® 2012 Award.
Universal Stainless Reports 4th Quarter 2011 Results
30 January 2012 - Universal Stainless & Alloy Products, Inc. reported net income of $4.3 million on sales of $62.2 million for the fourth quarter, and net income of $18.1 million on record sales of $252.6 million for the full year of 2011.
Universal Stainless Reports Strong Third Quarter 2011 Results
27 October 2011 - Universal Stainless & Alloy Products reported net income of $3.9 million on record sales of $67.3 million for the third quarter, and net income of $13.9 million on sales of $190.4 million for the first nine months of 2011.
Universal Stainless Announces Vice President of Business Development
12 October 2011 - Universal Stainless & Alloy Products, Inc. announced the appointment of Jeffrey D. Daw to the position Vice President of Business Development.
Universal Completes Purchase of Patriot Special Metals
22 August 2011 - Universal Stainless & Alloy Products has completed its purchase of Patriot Special Metals, a nearly completed Greenfield facility located in North Jackson, Ohio.
Universal Stainless Reports Strong Second Quarter 2011 Results
01 August 2011 - Universal Stainless & Alloy Products reported net income of $5.5 million on sales of $63.3 million for the second quarter, and net income of $9.97 million on sales of $123.1 million for the first six months of 2011.
Universal Stainless to Purchase Assets of Patriot Special Metals
15 June 2011 - Universal Stainless & Alloy Products has signed an agreement to purchase the assets of Patriot Special Metals, a substantially completed greenfield facility located in North Jackson, Ohio.
Universal Stainless Reports First Quarter 2011 Results
29 April 2011 - Universal Stainless & Alloy Products, Inc. reported that sales for the first quarter of 2011 were $59.8 million, an increase of 72% from the first quarter of 2010 and up 16% from the 2010 fourth quarter. Net income for the first quarter was more than triple the level of last year's first quarter and up 25% from the fourth quarter of 2010.
Universal Stainless Reports Death of Founder Mac McAninch
30 November 2010 - Universal Stainless & Alloy Products, Inc. reported that its founder and recently retired Chairman, Clarence ("Mac") McAninch, passed away on November 27. McAninch founded Universal Stainless in 1994 by joining with a small group of investors to acquire the idled Stainless & Alloy Products Division of Armco Inc., in Bridgeville, Pa.
Universal Stainless Announces Resignation of Chief Technology Officer
02 November 2010 - Universal Stainless & Alloy Products announced the resignation of Arthur C. Reardon, the company’s Chief Technology Officer, effective October 29, 2010.
