A.M. Castle’s Way Forward

Since May 2015, A.M. Castle has successfully turned its operations around. Now, we are taking a definitive next step in our transformation to restructure our balance sheet, which will enable us to emerge stronger, more financially stable, and better positioned for growth.


Welcome from Steve W. Scheinkman, President and CEO

August 3, 2017

Today, I am pleased to share the most exciting update yet on the status of our financial restructuring.

Back in June, we shared the news that our Prepackaged Joint Chapter 11 Plan of Reorganization was officially filed with the United States Bankruptcy Court for the District of Delaware. Today, our Plan was approved and confirmed by the Court, activating the final step in our financial restructuring process. We expect to emerge from the bankruptcy proceedings on August 31, 2017, at which point we will celebrate the end of our financial restructuring and the beginning of A.M. Castle’s return to industry leadership. 

Upon our emergence, we will be armed with a new and improved balance sheet that will enable us to invest further in both organic and strategically-acquired revenue growth, capital investments, and innovation for our customers. This will be a time of celebration for our employees, and a time to reinforce the strength of our Company with vendors and clients – now, more than ever, we must be confident in our journey going forward and demonstrate pride in all that we’ve accomplished.

More information will be coming at the end of this month, when we officially emerge from our financial restructuring. The purpose of this site is to communicate our important news and to explain how this definitive next step in our restructuring process will make us an even stronger and more prosperous business for the future.

Photo of Steve W. Scheinkman

Steve W. Scheinkman

President and Chief Executive Officer

Restructuring Overview

On April 7, 2017, A.M. Castle shared its plan to address its balance sheet through a comprehensive financial restructuring, positioning the Company for profitability and growth. The infographic below shows key facts about our restructuring.

Amcastle Infographic 06 14 17 Preview
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