BNET Industries
Last Fiscal Year Sales:$423.9M
- Public
- US
Dow Jones Description
Mfr. of Automotive Wheels & Cast & Tubular Metal Products & Pipe Fittings
Technical Director
Rathindra DasguptaNumber of Employees 2,315
Peer Companies
NAICS Code Plumbing Fixture Fitting and Trim Manufacturing: 332913
News & Analysis
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amcast industrial corp. - All News and Analysis
Keen Realty, LLC Announces Auction of Amcast Industrial Complex in Cedarburg, Wisconsin
- 2007-01-16
Keen Auctioning Former Industrial Complex on 8.4 Acres of Land in Cedarburg, Wisconsin Bid Deadline: February 9, 2007 - Auction Date: February 13, 2007 GREAT NECK, N.Y. -- Amcast Industrial Corporation has retained Keen Realty, LLC as special real estate consultant to market for sale the Company's excess...
Automakers shove, suppliers push back.
- 2006-08-14
Byline: Lindsay Chappell, Robert Sherefkin It would have been unthinkable once for a lowly supplier to threaten to halt parts shipments to an automaker over money issues. But a new power play is emerging in the North American auto industry. Badgered to...
Wheel supplier sheds part of business to N.Y. financier.(Suppliers)(Amcast Industrial Corp.)(Casting Technology Co.)(Brief article)
- 2006-05-29
Byline: Robert Sherefkin A New York financial firm has agreed to acquire part of the cast aluminum parts business of troubled Indiana aluminum wheel maker Amcast Industrial Corp. Monomoy Capital Partners LP last week said it plans to pay $9 million...
For the second time Amcast Industrial Corporation file for bankruptcy protection.
- 2006-04-18
M2 PRESSWIRE-18 April 2006-Research and Markets: For the second time Amcast Industrial Corporation file for bankruptcy protection.C1994-2006 M2 COMMUNICATIONS LTD RDATE:19042006 Dublin: Research and Markets (http://www.researchandmarkets.com/reports/c35772) has announced the addition of Amcast 2006 Company Profile Edition 1 to their offering...
Wheel suppliers take a pounding; Amcast's woes disrupt Corvette wheel shipments.
- 2006-01-02
Byline: Robert Sherefkin The wheels are coming off the wheel industry. Beset by reduced business from automakers, higher raw material and energy costs and cutthroat pricing, the key players in North American wheel making are grappling with financial problems. ...
Amcast Industrial Corporation Successfully Reorganizes; Emerges from Chapter 11; Converts Pre-petition Debt to Combination of Senior and Subordinated Debt and Equity; Closes on $20 million of New Financing; Focuses on Automotive Operations
- 2005-08-04
DAYTON, Ohio -- Amcast Industrial Corporation announced today that it has successfully emerged from Chapter 11 of the U.S. Bankruptcy Code. Amcast filed for Chapter 11 on November 30, 2004 in the bankruptcy court in Dayton, Ohio and subsequently filed a Plan of Reorganization and Disclosure Statement. The company's secured...
Keen Realty, LLC Retained by Amcast Industrial Corporation as Special Real Estate Consultant; Keen Marketing 82.5 Acres of Land in Pennsylvania and an Industrial Complex in Wisconsin
- 2005-06-28
GREAT NECK, N.Y. -- Amcast Industrial Corporation has retained Keen Realty, LLC as special real estate consultant to market for sale the Company's excess industrial properties. Amcast Industrial has filed for Chapter 11 protection in the United States Bankruptcy Court. Established in 1982, Keen Realty specializes in selling excess assets...
Dayton, Ohio, metal products maker in Chapter 11.
- 2004-12-01
By Jason Roberson, Dayton Daily News, Ohio Knight Ridder/Tribune Business News Dec. 1--DAYTON, Ohio -- Amcast Industrial Corp., a metal products manufacturer, on Monday said it filed for Chapter 11 bankruptcy protection and received $15 million in new financing to keep its ...
Amcast Industrial Corporation Reaches Agreement in Principle on Debt Restructuring
- 2004-11-30
DAYTON, Ohio -- Files Voluntary Petition to Reorganize Under Chapter 11 of U.S. Bankruptcy Code; Receives Commitment for $15 Million in New Financing; Company's Operations to Continue Without Interruption Amcast Industrial Corporation (OTCBB:AICO.OB) announced today that it has reached an agreement in principle with representatives of its banks and...
Dayton, Ohio-area automotive components maker sells division to Cleveland firm.
- 2004-08-24
By Jason Roberson, Dayton Daily News, Ohio Knight Ridder/Tribune Business News Aug. 24--DAYTON, Ohio -- Amcast Industrial Corp., a Washington Twp.-based maker of automotive components and copper and brass plumbing supplies, said Monday it sold the assets of its aluminum components ...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Rathindra Dasgupta | Technical Director |
| John H. Shuey | |
| Michael Higgins | Treasurer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Byron O. Pond, JR. | Non-Executive Chairman |
Rathindra DasGupta DasGupta was the chief scientist at SPX Corporation, CONTECH Division for many years. He received a Ph.D in Metallurgical Engineering from the University of Wisconsin - Madison in 1978. Previously, he has held positions as a technical director at Amcast Industrial Corporation, and various professorships at the Milwaukee School of Engineering, the University of Wisconsin - Madison and China Steel Corporation, Kaoshiung, Taiwan. He has also received multiple awards and honors including the American Society of Metals Visiting Lecturer in 2000; Herman Doehler Award in 2000; Raymond D. Peters endowed professor in Materials Science from 1987 - 1990 and Inland Steel Ryerson Outstanding Undergraduate Teacher in 1985. Within the past year, DasGupta has accepted a position with the National Science Foundation, which has allowed him to further concentrate on the research of enhancing the die casting process.
| Organization | Position | Status |
|---|---|---|
| Amcast Industrial Corporation | Technical Director | Current |
| Die Casting | Program Manager | Current |
| SPX Corporation | Chief Scientist | Former |
| National Science Foundation | Former |
Mr. Shuey, age 63, joined Amcast Industrial Corporation, a producer of aluminum wheels for the automotive industry and copper fittings for the construction industry, in 1991 as Executive Vice President. He was elected President and Chief Operating Officer in 1993, a director in 1994, Chief Executive Officer in 1995, and Chairman in 1997. Mr. Shuey served as Chairman of the Board, President and Chief Executive Officer through February, 2001. Mr. Shuey has a B.S. degree in Industrial Engineering and an M.B.A. degree, both from the University of Michigan.
| Organization | Position | Status |
|---|---|---|
| Amcast Industrial Corporation | Current | |
| Cooper Tire & Rubber Company | Chairman | Current |
| University of Michigan | M.B.A. Degree | Former |
| University of Michigan | B.S. Degree In Industrial Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Amcast Industrial Corporation | Treasurer | Current |
| Amcast Industrial Corporation | Treasurer | Former |
| Organization | Position | Status |
|---|---|---|
| Amcast Industrial Corporation | Non-Executive Chairman | Current |
| Cooper Tire & Rubber Company | Board of Directors | Current |
| Precision Castparts Corp. | Board of Directors | Current |
| Cooper Tire & Rubber Company | Interim CEO | Former |
| Amcast Industrial Corporation | CEO | Former |
| Amcast Industrial Corporation | President | Former |
| Amcast Industrial Corporation | Board of Directors | Former |
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