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History
The
vision of what Shiloh is today began with the purchase of a small machine shop
for $2,500 by Mick Fanello and four of his friends in 1950. In the interest of
business the shop was moved to Mansfield, Ohio in the 1950's. Through increased
business from blanking and steel processing Shiloh expanded its original
operations to 80 * 200 feet in 1964. In order to obtain steel processing
capabilities Shiloh began a partnership with Modern Tool & Die (MTD Products), which
resulted in the creation of Valley City Steel. With the addition of Valley City
Steel and success of Shiloh Corporation, several additional companies began to
contact Shiloh for steel processing and blanking. One of which was General
Motors who wanted Shiloh to build a plant closer to Parma, Ohio. Along with
support from MTD Shiloh built Medina Blanking. The success of Medina Blanking
lead to the opening of another facility, Wellington Die. This organization was
formed to support Medina Blanking by maintaining dies and building new ones.
Within the next few years Wellington Stamping was built to provide Shiloh the
capability of manufacturing stampings.
With further success and MTD's continued support Shiloh built Liverpool Coil
Processing in order to support demand for cold roll steel storage and steel
processing from Ford Motor Company. In an effort to support additional growth
efforts while increasing the company's financial stability Shiloh became a
publicly traded company in 1993. To grow customer relationships Romulus was
built, and Canton Die and Manufacturing were acquired. After the addition of the
Michigan locations, Shiloh also built Jefferson Blanking in Georgia. Today
Shiloh continues to expand in order to support growth efforts. Most recently
Shiloh has strengthened its relationship with MTD by purchasing the MTD Automotive
division. In return MTD Products Inc purchased additional stake in Shiloh,
making it a majority share holder of Shiloh Industries. Shiloh also purchased AG
Simpson's Dickson, Tennessee plant further elevating the company's stamping and
assembly capabilities.
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