Targeted Strategies for Today's Evolving Markets

MissionIR Blog

Corporate Profile: Ameron International Corp. (AMN)

Ameron International Corp (AMN) is a leading manufacturer of products for the chemical, industrial, energy, transportation, and infrastructure markets. Their main headquarters is in Pasadena, California. They also have a headquarters in Texas for their Fiberglass-Composite Pipe Group and another one in Hawaii for their Infrastructure Products Group.

As part of the General Building Materials business sector, they trade on the NYSE, and have a market cap of $1B. On March 27, 2008, they announced a 20% dividend increase, raising shareholders’ quarterly dividends to 30 cents a share. They’re a multi-national corporation which operates businesses in North America, South America, Europe, and Asia. They also cooperate in joint ventures in the United States and the Middle East.

Ameron’s products include water transmission lines, fabricated steel products, fiberglass-composite pipe, and specialized materials and products for infrastructure needs. Ameron’s concrete and steel pipe products are able to give their clients low-maintenance, long-term transporting capabilities for potable water and wastewater.

Their fiberglass pipe products sell under the names Bondstrand, Dualoy, PSX, and Centron. Fiberglass-composite pipes service oil fields, chemical and industrial operations, and offshore platform and marine businesses. These pipes also find use at service stations for fuel handling.

The company also manufactures pole products. They produce spun-cast, pre-stressed concrete and steel poles for roadway lighting and traffic signal poles. Airports, parks, and sports facilities also use Ameron’s pole products.

Ameron’s newest venture is the manufacture of wind towers. They transformed their heavy-steel fabrication plant in Fontana, California into a production line that produces the wind towers that support large wind turbines. Always seeking new opportunities, Ameron International Corp. continues to attune itself to the winds of change in the modern global marketplace.

Let us hear your thoughts below:

This entry was posted in Small Cap News. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *