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Slide #15. Globe Specialty Metals, Inc. — Siltech
Globe Specialty Metals, Inc. (NASDAQ:GSM)
Globe Specialty Metals, Inc. (Nasdaq:GSM), one of the world's largest and most efficient producers of silicon metal and silicon alloys, today announced it has acquired Silicon Technology (Pty), Ltd, ("Siltech") a silicon alloy producer in South Africa with an annual production capacity of 45,000 metric tons.
Ferroglobe is engaged in the production of silicon metal, silicon-based alloys, important ingredients in a variety of industrial and consumer products. Co.'s customers include major silicone chemical, aluminum and steel manufacturers, auto companies and their suppliers, ductile iron foundries, manufacturers of photovoltaic solar cells and computer chips, and concrete producers. Additionally, Co. had been operating hydroelectric plants (energy business) in Spain and France. Co. had a diversified production base consisting of production facilities across the United States, Europe, South America, South Africa and Asia.
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Hold (2.00 out of 4)
(ranked lower than approx. 98% of all stocks covered)
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