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Universal Stainless history
Universal Stainless company history timeline
1994: Universal Stainless & Alloy Products begins operatio ns at a Bridgeville, Pennsylvania plant.
In 1995, Universal acquired the precision rolled products and remelti ng operations of Armco's Cytemp Specialty Steel facility in Titusvill e for $950,000.
Sales were up to $81 million by 1997, producing net earnings of $7 million.
Moore, Deborah, "Al Tech Says Parent Forged Illegal Merger," Business Review (Albany), January 26, 1998.
Empire had been formed from AL Tech Specialty Steel, which Universal had considered buying for $38 million before it went bankrupt in 1999.
2000: The company enters the plate product markets after acqui ring a plate saw.
Universal lost $1.4 million in 2003.
2004: Universal posts record revenues and backlog.
"Universal Stainless Plans to Raise Production at Dunkirk," Steel Business Briefing, January 25, 2005.
"McAninch Takes Hard Line on Titusville Strikers," Metal Bulletin News Alert Service, October 21, 2005.
The recovery in the power generation and aerospace markets continued into 2005, and Universal obtained additional financ-ing to go on an expansion path.
"Universal Stainless & Alloy Products, Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/universal-stainless-alloy-products-inc
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Universal Stainless competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| McElroy | 1952 | $81.0M | 280 | 17 |
| AK Steel | 1899 | $6.3B | 9,500 | 33 |
| Birken MFG. | 1943 | $27.1M | 50 | - |
| Harrison Steel | 1906 | $118.1M | 88 | 50 |
| Taylor & Fenn | 1834 | $12.3M | 14 | - |
| Ingersoll Machine Tools | - | $51.9M | 180 | 14 |
| Omaha Steel | 1906 | $2.5M | 15 | 1 |
| Worthington Industries | 1955 | $4.9B | 7,500 | 55 |
| Swanson Industries | 1964 | $6.7M | 800 | - |
| Valmont Industries | 1946 | $4.1B | 9,800 | 273 |
Universal Stainless history FAQs
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Universal Stainless may also be known as or be related to Alloy Products Inc, UNIVERSAL STAINLESS & ALLOY PRODUCTS INC, Universal Stainless, Universal Stainless & Alloy Prodcts, Universal Stainless & Alloy Products, Universal Stainless & Alloy Products Inc and Universal Stainless & Alloy Products, Inc.