Ampco-Pittsburgh Corporation Announces Significant Increase in Customer Order Activity

About this update from Ampco-pittsburgh Corporation

Ampco-Pittsburgh Corporation (NYSE: AP) (“Ampco-Pittsburgh” or the “Company”) today announced that customer order activity during the first six months of 2026 totaled approximately $268 million, an increase of 32% compared to approximately $204 million for the same period in 2025. The increase in customer order activity reflected strength across both of the Company’s operating segments. During the first six months of 2026, Forged and Cast Engineered Products (“FCEP”) experienced customer order activity of approximately $153 million, up 25% compared to the prior-year period, while Air and Liquid Processing experienced customer order activity of approximately $116 million, up 42% year over year. Within FCEP, the Company continues to see improving order activity for roll products, particularly in North America, while demand for its specialty forged engineered products remains solid. The recent quota and tariff protections in Europe will positively impact production of steel in one of our largest markets. Within Air and Liquid Processing, customer order activity continues to be 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. During the first half of 2026, Buffalo Air Handling secured the largest air handling equipment order in its history. “We are pleased by the continued improvement in customer order activity during the first half of 2026,” said Brett McBrayer, CEO of Ampco-Pittsburgh. “The increase reflects improving demand across several of our key end markets and continued execution by our teams. Together with our healthy backlog, these trends emphasize our confidence in the direction of the business as we remain focused on operational execution and serving our customers.” About Ampco-Pittsburgh Corporation Ampco-Pittsburgh Corporation manufactures and sells highly engineered, high-performance specialty metal products and customized equipment utilized by industry throughout the world. Through its operating subsidiary, Union Electric Steel Corporation, it is a leading producer of forged and cast rolls for the global steel and aluminum industries. It also manufactures open-die forged products that are sold principally to customers in the steel distribution market, oil and gas industry, and the aluminum and plastic extrusion indust...

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