A Message from Our CEO

August 3, 2017

To Our Stakeholders,

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. We appreciate your commitment as we near the end of this process and hope you share our sense of excitement over what is to come for A.M. Castle.


Photo of Steve W. Scheinkman

Steve W. Scheinkman

President and Chief Executive Officer