Ampco-Pittsburgh customer orders rise 32% in H1 2026

1 min read     Updated on 09 Jul 2026, 05:35 AM
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Shriram SScanX News Team
AI Summary

Ampco-Pittsburgh Corporation reported a 32% rise in customer orders to $268 million for the first half of 2026, up from $204 million in the prior year. Both segments grew, with Air and Liquid Processing up 42% and Forged and Cast Engineered Products up 25%. Management cited strong demand across key markets and a record order for Buffalo Air Handling.

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Ampco-Pittsburgh Corporation today announced a significant increase in customer order activity during the first six months of 2026, totaling approximately $268 million. This figure represents a 32% increase compared to approximately $204 million for the same period in 2025, reflecting strength across both of the company’s operating segments.

Segment Performance

The growth was driven by solid performance in Forged and Cast Engineered Products (FCEP) and Air and Liquid Processing. FCEP recorded customer order activity of approximately $153 million, up 25% from the prior-year period. The company noted improving order activity for roll products, particularly in North America, and solid demand for specialty forged engineered products. Recent quota and tariff protections in Europe are expected to positively impact steel production in one of its largest markets.

Air and Liquid Processing saw customer order activity reach approximately $116 million, a 42% year-over-year increase. This segment was driven by commercial pumps supporting the power generation market, increased demand for pumps supporting U.S. Navy programs, and continued strength in the air handling business. Notably, Buffalo Air Handling secured the largest air handling equipment order in its history during the first half of 2026.

Segment H1 2026 Orders ($ million) YoY Change
Forged and Cast Engineered Products 153 25%
Air and Liquid Processing 116 42%
Total 268 32%

Management Commentary

Brett McBrayer, CEO of Ampco-Pittsburgh, attributed the increase to improving demand across key end markets and continued execution by the company’s teams. He emphasized that the healthy backlog and positive trends reinforce confidence in the business direction as the company remains focused on operational execution and customer service.

How will the recent European quota and tariff protections specifically influence the company's long-term market share in that region?

Can the surge in U.S. Navy program demand be sustained given potential shifts in defense spending priorities?

What capacity expansion plans are being considered to handle the record backlog and increased order volume?

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Ampco-Pittsburgh joins Russell 2000 Index

0 min read     Updated on 30 Jun 2026, 01:49 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Ampco-Pittsburgh Corporation has been added to the Russell 2000 and Russell 3000 indexes, effective June 29, 2026. CEO Brett McBrayer highlighted that this inclusion boosts visibility among institutional investors.

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Ampco-Pittsburgh Corporation has been added to the US small-cap Russell 2000 Index and the broad-market Russell 3000 Index following the Russell indexes' reconstitution. The inclusion is effective June 29, 2026. Membership in the Russell 2000 Index automatically results in inclusion in the Russell 3000 Index.

"We are pleased to join the Russell 2000 and Russell 3000 indexes," said Brett McBrayer, Chief Executive Officer of Ampco-Pittsburgh. "Inclusion in these widely followed indexes increases Ampco-Pittsburgh's visibility among institutional investors and reflects the progress we are making to strengthen our business and create long-term shareholder value."

Index Details

The Russell 2000 Index measures the performance of the small-cap segment of the US equity market. The Russell 3000 Index is a broad-market index representing the 3,000 largest US companies.

Index Segment Effective Date
Russell 2000 Index US Small-Cap June 29, 2026
Russell 3000 Index Broad-Market June 29, 2026

How will the required passive fund inflows from index inclusion impact Ampco-Pittsburgh's trading volume and liquidity?

What specific operational improvements drove the market cap growth necessary for Russell 2000 eligibility?

Will management leverage this increased visibility to pursue new equity or debt capital raises?

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