PLYMOUTH, Mich., July 27, 2017 (GLOBE NEWSWIRE) — An industry leader in lightweighting, Shiloh Industries, Inc. (NASDAQ:SHLO) has reduced the weight of a solid rear beam axle housing by 11 kilograms or 24 pounds.
Utilizing our proprietary, cutting-edge casting technology, Shiloh engineers were able to reduce the part weight of a traditional cast iron rear beam axle housing by over 40%, creating one of the lightest pickup truck solid beam axle housings in the industry. This innovative design also reduces secondary machining operations saving production time and cost, without compromising strength or performance.
“We believe we are the first in the industry able to produce a pickup truck rear beam axle housing in aluminum,” said David Jaeger, senior vice president and managing director, CastLight. “This exciting new product is another example of Shiloh’s unique ability to develop innovative lightweighting technologies while assisting our customers in optimizing the strength, weight and performance attributes of their vehicles.”
Shiloh customized the chassis component for an OEM to further reduce weight on the launch of their 2019 model year light duty pickup trucks.
About Shiloh Industries:
Shiloh Industries, Inc. (NASDAQ:SHLO) is a global innovative solutions provider focusing on lightweighting technologies that provide environmental and safety benefits to the mobility market. The Company designs and manufactures products within body structure, chassis and powertrain systems, leveraging one of the broadest portfolios in the industry.
Shiloh’s multi-component, multi-material solutions are comprised of a variety of alloys in aluminum, magnesium and steel grades, along with its proprietary line of noise and vibration reducing ShilohCore acoustic laminate products. The strategic BlankLight®, CastLight® and StampLight® brands combine to maximize lightweighting solutions without compromising safety or performance.
The company has over 3,600 dedicated employees with operations, sales and technical centers throughout Asia, Europe and North America.
CONTACT: Hilary Brazin 734 738 1362 firstname.lastname@example.org
Source: Nasdaq Automotive News