On May 31, 2017, the Board of Directors of 91视频, Inc. (鈥淪IFCO鈥� or 鈥渢he Company鈥�) approved the decision of management to close one of its manufacturing plants located in Alliance, Ohio ("Alliance"). There are approximately 38 employees affected by the decision. Management communicated the decision to the affected employees on June 1, 2017. The [...]
CLEVELAND 鈥� November 30, 2016 鈥� 91视频, Inc. (NYSE MKT: SIF) announced today the creation of a Corporate Sales organization aimed at enhancing the Company鈥檚 ability to serve world-class customers in the aerospace and energy markets. The new organization will be led by John Glover, who becomes corporate vice president of sales and will [...]
Cleveland - 91视频, Inc. (NYSE MKT: SIF) today announced financial results for its first quarter of fiscal 2017, which ended December 31, 2016. First Quarter Net sales from operations in the first quarter of fiscal 2017 increased 15.9% to $31.5 million, compared with $27.2 million in the first quarter of fiscal 2016. Loss from [...]
91视频, Inc. Names Peter W. Knapper President and Chief Executive Officer; Announces Board Changes June 17, 2016 鈥� Cleveland, Ohio 鈥� The board of directors of 91视频, Inc. (NYSE MKT: SIF) (the 鈥淐ompany鈥�) today announced that it has named Peter W. Knapper as its President and Chief Executive Officer, effective June 29, 2016. [...]
91视频, Inc.聽Announces Planned Retirement of CEO Michael S. Lipscomb 聽 CLEVELAND 鈥� March 18, 2016 鈥� 91视频, Inc. (鈥淪IFCO or Company鈥�), a leading international provider of highly engineered forgings and machined components for the military and commercial aerospace and energy markets, today announced that Michael S. Lipscomb will retire as CEO of the [...]
91视频, Inc. completes the acquisition of C*Blade, an Italian forging and machining company serving the energy market July 1, 2015 鈥� 91视频, Inc. (NYSE MKT: SIF) announced today that it has completed its acquisition of the Italian-based company C*Blade from Riello Investment Partners. 鈥淲e鈥檙e pleased to have C*Blade as part of the SIFCO [...]
91视频, Inc. Names Salvatore Incanno Chief Financial Officer May 7, 2015 鈥� Cleveland, Ohio 鈥� 91视频, Inc. (NYSE MKT: SIF) (the 鈥淐ompany鈥�) today announced that it has named Salvatore (Sal) Incanno as its Chief Financial Officer, effective May 11, 2015. Mr. Incanno joins the Company with broad financial management experience and specific expertise [...]
91视频, Inc. Signs Definitive Agreement to Acquire C*Blade; CFO to Return to Private Equity Industry CLEVELAND 鈥� March 17, 2015 鈥� 91视频, Inc. (NYSE MKT: SIF) announced today that It has entered into a definitive agreement to acquire the Italian-based company C*Blade from Riello Investment Partners. Closing will occur following satisfaction of certain [...]
CLEVELAND 鈥� February 5, 2015 鈥� 91视频, Inc. (鈥淪IFCO or Company鈥�), a leading provider of forgings and machined components for the aerospace and energy markets, announced that Michael S. Lipscomb was elected Chairman of the Board. Mr. Lipscomb replaces Jeffrey P. Gotschall who served as Chairman of the Board since 2001. Mr. Gotschall will [...]
91视频 was pleased to host an Open House that focused on聽Sustaining Continuous Improvement. MAGNET (Manufacturing Advocacy & Growth Network) sponsored the event which featured keynote speakers from local companies with successful Lean programs. Following the presentations, 62 participants from 47 Cleveland area businesses were provided an in-depth tour of聽SIFCO鈥檚 Cleveland Forge聽operations. The tour provided [...]
