Ascent Industries Co. (ACNT) NASDAQ

15.93

-0.15(-0.93%)

Updated at December 24 01:00PM

Currency In USD

Ascent Industries Co.

Address

1400 16th Street

Schaumburg, IL 60523

United States of America

Phone

804 822 3260

Sector

Basic Materials

Industry

Steel

Employees

451

First IPO Date

March 17, 1980

Key Executives

NameTitlePayYear Born
J. Bryan KitchenPresident & Chief Executive Officer489,9041974
Benjamin L. RosenzweigExecutive Chairman20,0001985
Ryan KavalauskasChief Financial Officer336,2171984
Anthony PanVice President of Sales & Business Development0N/A
John W. JohnsonPresident of Ascent Tubular0N/A
Kimberly PortnoyGeneral Counsel, Corporate Secretary and Vice President of Regulatory & Govt. Affairs0N/A
Ravi Ramesh SrinivasVP of Operations & Chemical0N/A

Description

Ascent Industries Co. an industrials company, focuses on the production and distribution of industrial tubular products and specialty chemicals in the United States and internationally. It manufactures welded pipes and tubes, primarily from stainless steel, duplex, and nickel alloys; and galvanized carbon tubes, as well as related stainless pipe products. The company also manufactures ornamental stainless-steel tubes for supply to the automotive, commercial transportation, marine, food services, construction, furniture, healthcare, and other industries; provides fiberglass and steel storage tanks for the oil and gas, waste water treatment, and municipal water industries; and distributes hot finish, seamless, carbon steel pipes, and tubes for use in mechanical and high-pressure applications in the oil and gas, heavy industrial, construction equipment, and chemical and other industries. In addition, it produces defoamers, surfactants, and lubricating agents for end users, including companies that supply agrochemical paper, metal working, coatings, water treatment, paint, mining, oil and gas, and janitorial and other applications. Further, the company provides contract manufacturing services, as well as operates as a multi-purpose plant to process various difficult to handle materials, including flammable solvents, viscous liquids, and granular solids. The company was formerly known as Synalloy Corporation and changed its name to Ascent Industries Co. in August 2022. Ascent Industries Co. was founded in 1945 and is headquartered in Oak Brook, Illinois.