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Universal Stainless

Latest News

Universal Stainless Lowers First Quarter Earnings Outlook

26 March 2009 - Universal Stainless & Alloy Products lowers its earnings expectations for the first quarter, saying that it no longer expects to meet its previous guidance of breakeven to $0.10.

Universal Stainless Lowers First Quarter Earnings Outlook

26 March 2009 - Universal Stainless & Alloy Products lowers its earnings expectations for the first quarter, saying that it no longer expects to meet its previous guidance of breakeven to $0.10.

Universal Stainless Names Senior Vice President Operations

12 February 2009 - Universal Stainless & Alloy Products announces the appointment of industry veteran William W. Beible Jr. to the newly-created position of Senior Vice President of Operations.

Universal Stainless Names Senior Vice President Operations

12 February 2009 - Universal Stainless & Alloy Products announces the appointment of industry veteran William W. Beible Jr. to the newly-created position of Senior Vice President of Operations.

Universal Stainless to Invest $13 Million in Bridgeville Meltshop

30 January 2009 - Universal Stainless & Alloy Products announces plans to invest $13 million in its Bridgeville meltshop, including major upgrades in equipment, automation, and plant layout.

Universal Stainless to Invest $13 Million in Bridgeville Meltshop

30 January 2009 - Universal Stainless & Alloy Products announces plans to invest $13 million in its Bridgeville meltshop, including major upgrades in equipment, automation, and plant layout.

Forbes Ranks Universal Stainless Among 200 Best Small Companies in America

05 December 2008 - Forbes magazine ranks Universal Stainless & Alloy Products 82nd on its annual list of the 200 Best Small Companies in America for 2008.

Falling Prices Prompt Universal Stainless to Reduce Q4 EPS Guidance

11 November 2008 - Universal Stainless & Alloy Products updates its business outlook for the fourth quarter of 2008 to reflect diluted EPS ranging from breakeven to $0.15 due to lower raw material prices.

Universal Stainless Reports 3rd Quarter Results

24 October 2008 - Universal Stainless & Alloy Products reports net income of $2.7 million on sales of $57.6 million for the third quarter, and net income of $12.7 million on sales of $178.0 million for the first nine months of 2008.

Universal Stainless Reports Bridgeville Labor Agreement, 3Q Guidance Revision

13 October 2008 - Universal Stainless & Alloy Products’ announcement of a new 5-year collective bargaining agreement at its Bridgeville facility is tempered by the concurrent announcement of a downward revision in third quarter earnings guidance.

Universal Stainless to Continue Operations at Bridgeville Facility

16 September 2008 - Universal Stainless & Alloy Products agrees with Local 9531 of the United Steelworkers to continue operations at the company's Bridgeville facility while the parties continue negotiations for a new labor agreement.

Universal Stainless Reports Bridgeville Contract Continuance

03 September 2008 - Universal Stainless & Alloy Products and Local 9531 of the United Steelworkers agree to a two-week continuance of the collective bargaining agreement covering hourly employees at the company's Bridgeville facility.

Universal Stainless Reports 2nd Quarter Results

25 July 2008 - Universal Stainless & Alloy Products reported net income of $5.3 million on sales of $63.5 million for the second quarter, and net income of $10.0 million on sales of $120.3 million for the first six months of 2008.

Universal Stainless Announces Tool Steel Base Price Increase

30 June 2008 - Universal Stainless & Alloy Products announces base price increases of 5% to 7% on all tool steel products manufactured at its Bridgeville and Dunkirk facilities.

Universal Stainless, Carpenter Technology to Increase Stainless and Alloy Prices

19 May 2008 - Universal Stainless and Carpenter Technology announce base price increases on a range of stainless, HSLA, and premium melted alloy products.

Universal Stainless Increases Tool Steel Base Price

05 May 2008 - Universal Stainless & Alloy will increase base price by 5 to 7% for all tool steel products manufactured at its Bridgeville and Dunkirk facilities.

Universal Stainless Reports 1st Quarter Results

28 April 2008 - Universal Stainless & Alloy Products reports net income of $4.7 million on sales of $56.8 million for the first quarter of 2008.

Universal Stainless Names VP Sales and Marketing

23 April 2008 - Universal Stainless & Alloy Products announces the appointment of Christopher M. Zimmer who will join the company as Vice President of Sales and Marketing, effective April 28, 2008.

Universal Stainless Announces New Director

09 April 2008 - Universal Stainless & Alloy Products announces the addition of M. David Kornblatt to the company's Board of Directors, increasing the number of Directors to five.

Universal Stainless Reports 2007 Results

25 January 2008 - Universal Stainless & Alloy Products, Inc. reported net income of $4.4 million on sales of $49.6 million for the fourth quarter, and record net income of $22.5 million on record sales of $229.9 million for the full year 2007.

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