Celebrating A.M. Castle’s Return to Leadership

A.M. Castle has embarked on a new beginning. Having completed our financial restructuring, we are now positioned for growth and the opportunity to thrive in partnership with our customers, our suppliers, and our employees. 

Message from Steve W. Scheinkman, President and CEO

August 31, 2017

Today, A.M. Castle has taken a proud step forward that marks a new beginning for the Company. We have completed our financial restructuring, which positions us for growth and the opportunity to serve our customers and partner with our suppliers more efficiently than we have in the past few, financially challenged years.

As promised, we have reduced our debt burden in partnership with our stakeholders and can now work to achieve significant growth opportunities across our business. This milestone is a testament to the hard work of our employees, our leadership team, our secured creditors, and our other stakeholders, all of whom have contributed their overwhelming support and trust in Castle throughout the process.

Our financial restructuring is the capstone of the essential work we completed over the past two years to fortify our business, including right-sizing our branch network footprint, empowering our branches and people, and investing in our target markets. Now, Castle is proud to be operationally and financially fit for growth.

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