Specialty metals and plastics distribution company A.M. Castle & Co. posted a quarterly profit, below market estimates, on higher cost of materials and said it expects to report a small net loss for the fourth quarter. Get the full story »
AM Castle
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A.M. Castle posts surprise second-quarter profit
Specialty metals and plastics company A.M. Castle & Co., based in Franklin Park, posted a surprise profit, helped by improved demand from end-markets. “We expect demand levels for the balance of the year to remain steady from second quarter levels,” Chief Executive Michael Goldberg said in a statement. “Longer term, we remain optimistic about our opportunities for growth in our key target markets, including aerospace, oil and gas and energy, and general industrial equipment.” Get the full story »
