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Ascent Industries Co.

11.90
-0.9200-7.18%
Pre-market: 12.000.1000+0.84%07:44 EDT
Volume:104.24K
Turnover:1.28M
Market Cap:119.42M
PE:-8.84
High:12.91
Open:12.83
Low:11.89
Close:12.82
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Company Profile

Company Name:
Ascent Industries Co.
Exchange:
NASDAQ
Establishment Date:
1945
Employees:
452
Office Location:
20 North Martingale Road,Suite 430,Schaumburg,Illinois,United States
Zip Code:
60173
Fax:
- -
Introduction:
Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. The company operates through two segments, Tubular Products and Specialty Chemicals. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; and distributes hot finish, seamless, carbon steel pipes, and tubes for use in mechanical and high-pressure applications in the oil and gas, heavy industrial, construction equipment, and chemical and other industries. In addition, it produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. Further, the company provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is based in Oak Brook, Illinois.

Directors

Name
Position
Benjamin Rosenzweig
Executive Chairman of the Board
Christopher G. Hutter
Director and President and CEO
Aldo J. Mazzaferro
Director
Henry L. Guy
Director
John P. Schauerman
Director

Shareholders

Name
Position
William Steckel
Chief Financial Officer
Benjamin Rosenzweig
Executive Chairman of the Board
Christopher G. Hutter
Director and President and CEO
G. Douglas Tackett, Jr.
Chief Legal Officer
John R. Zuppo III
EVP, Ascent Chemicals