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MarketScreener Homepage  >  Equities  >  Nyse  >  Timkensteel Corp    TMST

TIMKENSTEEL CORP (TMST)
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TimkenSteel : Accepts American Legion National Large Employer of Veterans Award During Event Recognizing Company's Veteran Workforce

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11/11/2017 | 12:54am CEST

CANTON, Ohio, Nov. 10, 2017 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST, www.timkensteel.com), a leader in customized alloy steel products and services, was honored to accept The American Legion Large Employer of Veterans Award at an annual company breakfast held this morning to recognize members of its workforce who are military veterans. The company is the leading employer of veterans in Stark County and one of the leading employers in Ohio, with more than 13 percent of its workforce having served in the military.

'Today was about thanking our employees who have served our country, and it's an event we look forward to every year. We all appreciated the honor of having the American Legion and partner agencies join us to recognize our efforts at TimkenSteel to attract and retain such a large number of military veterans in our workforce,' said Elaine Russell Reolfi, executive vice president of organizational advancement and corporate relations, who accepted the award on behalf of TimkenSteel. 'Military veterans are a great fit within our company because of their leadership, dedication and, most importantly, a set of values that reflect those we've had for a century.'

The annual Employer of Veterans awards, presented by The American Legion'sNational Veterans Employment & Education Commission since 1969, are given to businesses across the country that have established outstanding records in employing and retaining veterans, workers with disabilities and older members of the workforce.

TimkenSteel was nominated for the national award by representatives from the Ohio Department of Job and Family Services, which is just one of several agencies the company works with to recruit and retain veterans.

In August, the company was also recognized by the Ohio Department of Veterans Services for its veteran-friendly hiring and retention practices.

About TimkenSteel Corporation
TimkenSteel (NYSE:TMST, timkensteel.com) creates tailored steel products and services for demanding applications, helping customers push the bounds of what's possible within their industries. The company reaches around the world in its customers' products and leads North America in large alloy steel bars (up to 16 inches in diameter) and seamless mechanical tubing made of its special bar quality (SBQ) steel, as well as supply chain and steel services. TimkenSteel operates warehouses and sales offices in five countries and has made its steel in America for 100 years. The company posted sales of $870 million in 2016. Follow us on Twitter @TimkenSteel and on Instagram.

View original content with multimedia:http://www.prnewswire.com/news-releases/timkensteel-accepts-american-legion-national-large-employer-of-veterans-award-during-event-recognizing-companys-veteran-workforce-300554134.html

SOURCE TimkenSteel Corporation

Media Contact: Carla Wooley, APR, P 330.471.7760, news@timkensteel.com; Investor Contact: Tina Beskid, P 330.471.7000, ir@timkensteel.com

TimkenSteel Corporation published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 23:53:05 UTC.

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Financials ($)
Sales 2018 1 636 M
EBIT 2018 30,5 M
Net income 2018 13,2 M
Debt 2018 93,3 M
Yield 2018 -
P/E ratio 2018 32,70
P/E ratio 2019 7,88
EV / Sales 2018 0,40x
EV / Sales 2019 0,36x
Capitalization 560 M
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Mean consensus HOLD
Number of Analysts 5
Average target price 19,8 $
Spread / Average Target 63%
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Managers
NameTitle
Ward Jackson Timken Chairman, President & Chief Executive Officer
Thomas D. Moline Head-Commercial Operations
Kristopher R. Westbrooks Chief Financial Officer & Executive Vice President
Raymond V. Fryan Vice President-Technology & Quality
William P. Bryan EVP-Supply Chain & Information Technology
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