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Globe Specialty Metals, Inc. · New York, NY United States ·(NASDAQ (GS): GSM)

Company Description

1 Penn Plaza, Ste. 2514 250 W. 34th St.
New York, NY
10119
United States (Map)
Phone: 212-798-8122
Fax: 212-798-8185
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    Globe Specialty Metals is an apt name for a company that peddles its metals around the world. The specialty metals manufacturer sells silicon metal and silicon-based alloys to customers in the Americas, Asia, and Europe from facilities in the US, Argentina, Brazil, China, and Poland. Its silicon metal and alloys are used to make a variety of industrial products, from aluminum and automotive parts to steel and semiconductors. It holds about one-fifth of the western market share for magnesium ferrosilicon. Dow Corning is Globe's largest customer. The company plans to use the proceeds from its 2008 IPO to expand its core business and for possible acquisitions of complementary products and technologies. To read the full description, subscribe now.
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    Key Globe Specialty Metals, Inc. Financials

    Company TypePublic - NASDAQ (GS): GSM

    Headquarters
    Fiscal Year-EndJune
    2009 Sales (mil.)$426.3
    2008 Employees1,373

    Globe Specialty Metals, Inc. Executives

    12 executives listed for Globe Specialty Metals, Inc.'s New York, NY location.
    TitleName & BioContact
    ChairmanAlan KestenbaumNetwork
    CEOJeff BradleyNetwork
    COOArden SimsNetwork

    Competition

    Competitive Landscape for Globe Specialty Metals, Inc.
    Demand is driven by industrial demand and economic growth, both domestic and foreign. Individual company profitability depends on volume and operating efficiency. Large companies can afford to discover and develop new deposits and increase reserves. Small companies typically own just one mine, limit exploration to that one property, and operate it as efficiently as possible. Metal ore mining is capital-intensive: annual revenue per employee is about $300,000. The industry includes companies that mine and process gold, silver, copper, nickel, lead, zinc, iron ore, and other metals. To read the full description, subscribe now.
    Top Globe Specialty Metals, Inc. Competitors
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