Ampco-Pittsburgh Announces Appointment of New Leadership for Union Electric Steel

Ampco-Pittsburgh Corporation (NYSE: AP) today announced the appointment of Samuel C. Lyon as President of Union Electric Steel Corporation (Union Electric Steel), a wholly-owned subsidiary of Ampco-Pittsburgh, effective February 4, 2019. Mr. Lyon succeeds Rodney Scagline, former Union Electric Steel President. The Corporation would like to thank Mr. Scagline for his contributions and leadership during the past seven years and wishes him the very best in his future endeavors.

Mr. Lyon brings over 27 years of experience in lean manufacturing, operations and process improvement leadership to his role at Union Electric Steel, most recently serving as Vice President and Group President of Performance Engineered Products for Carpenter Technology Corporation, a developer, manufacturer and distributor of stainless steels and corrosion-resistant alloys. In this role, Mr. Lyon had overall leadership responsibility for the Dynamet Incorporate, Carpenter Powder Products, Amega West Services, and Distribution businesses. Prior to this leadership position, Mr. Lyon was Vice President and General Manager for Dynamet.

Mr. Lyon has held executive roles in operations management as Chief Operating Officer for the UCI-Fram Pumps Business, Vice President of North East Manufacturing Operations for AFGlobal Corporation, and as Vice President of Operations and Director of Lean Manufacturing for Precision Castparts Corporation. Mr. Lyon has also held positions of increasing responsibility and leadership during his 17 years with Alcoa Forged Products.

Mr. Lyon holds a bachelors degree in Metallurgical Engineering from the University of Pittsburgh. He will be based in Carnegie, Pennsylvania.

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“We are pleased that Sam has agreed to join our executive team,” said J. Brett McBrayer, Chief Executive Officer of Ampco-Pittsburgh. “Sam has a unique background in manufacturing and a proven track record for driving positive results. He has a hands-on approach and expertise in operational efficiency, combined with knowledge and experience in the metals industry. The addition of Sam to our leadership team is a critical step in our business improvement plan.

About Ampco-Pittsburgh Corporation

Ampco-Pittsburgh Corporation, through its operating subsidiary, Union Electric Steel Corporation, is a leading producer of forged and cast rolls for the worldwide steel and aluminum industries, as well as ingot and open die forged products for the oil and gas, aluminum, and plastic extrusion industries. Ampco-Pittsburgh is also a producer of air and liquid processing equipment, primarily custom-engineered finned tube heat exchange coils, large custom air handling systems and centrifugal pumps. The Corporation operates manufacturing facilities in the United States, Canada, United Kingdom, Sweden, Slovenia, and China. Sales offices are located in North and South America, Asia, Europe, and the Middle East. Corporate headquarters is located in Carnegie, Pennsylvania.

The Private Securities Litigation Reform Act of 1995 (the Act) provides a safe harbor for forward-looking statements made by or on our behalf. This news release may contain forward-looking statements that reflect our current views with respect to future events and financial performance. All statements in this document other than statements of historical fact are statements that are, or could be, deemed forward-looking statements within the meaning of the Act. In this document, statements regarding future financial position, sales, costs, earnings, cash flows, other measures of results of operations, capital expenditures or debt levels and plans, objectives, outlook, targets, guidance or goals are forward-looking statements. Words such as may, intend, believe, expect, anticipate, estimate, project, forecast and other terms of similar meaning that indicate future events and trends are also generally intended to identify forward-looking statements. Forward-looking statements speak only as of the date on which such statements are made, are not guarantees of future performance or expectations, and involve risks and uncertainties. For Ampco-Pittsburgh, these risks and uncertainties include, but are not limited to, those described under Item 1A, Risk Factors, of Ampco-Pittsburghs Annual Report on Form 10-K. In addition, there may be events in the future that we are not able to predict accurately or control which may cause actual results to differ materially from expectations expressed or implied by forward-looking statements. Except as required by applicable law, we assume no obligation, and disclaim any obligation, to update forward-looking statements whether as a result of new information, events or otherwise.

Melanie L. Sprowson
Director, Investor Relations
412-429-2454
[email protected]