Ampco-Pittsburgh announces $11.7M in roll contracts; Air & Liquid segment orders hit record

AMPCO PITTSBURGH CORP

Union Electric Steel selected to supply rolls for Ternium Mexico cold mill ($6.7M) and a Scandinavian plant ($5.0M), deliveries starting H1 2025.
Air & Liquid Processing segment achieved record new orders in Q2 2024, up >50% vs Q1 2024.
Total backlog expected $360-365M for Q2 2024, sequential growth of 3.2%-4.6%.
CEO cites strengthened sales force and manufacturing capacity for increased market presence.
Common shares outstanding as of June 30, 2024: 20,094,289.

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