IBC Advanced Alloys Announces Entering Into Sale Leaseback Agreements
IBC is pleased to announce that certain of the Company’s U.S. subsidiaries have entered into a purchase contract and industrial lease with Flatbay Properties LLC.
IBC is a leading beryllium and copper advanced alloys company serving a variety of industries such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. IBC’s Copper Alloys Division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. IBC’s Engineered Materials Division makes the Beralcast® family of alloys, which can be precision cast and are used in an increasing number of defense, aerospace, and other systems, including the F-35 Joint Strike Fighter. IBC has production facilities in Indiana and Massachusetts.
IBC is traded on the TSX Venture Exchange under the ticker symbol “IB” and on the US-based OTCQB as “IAALF”.
IBC CEO and Board Chairman Mark A. Smith discusses the Company’s financial results for the quarter and year ended June 30, 2023 in this recorded webcast.
IBC Advanced Alloys makes mission-critical metal alloys that few companies in the world are able to produce. See our latest corporate video about this unique company and our outstanding team members.
IBC is pleased to announce that certain of the Company’s U.S. subsidiaries have entered into a purchase contract and industrial lease with Flatbay Properties LLC.
A replay is available of IBC’s live investor update webcast from Monday, April 29, 2024, to discuss IBC’s recent decision to cease operations at its Wilmington, Mass. beryllium-aluminum alloy facility and focus on its profitable Copper Alloys division.
Company to Close its Beryllium-Aluminum Alloy Plant This Summer Due to Insufficient Long-Term Market Demand FRANKLIN, Ind. (April 25, 2024) – IBC Advanced Alloys
IBC swing to profitability in the quarter, for the first time in seven quarters, recording net income of $712,000, or $0.01 per share, as compared to a loss of $394,000, or ($0.00) per share, in the quarter ended December 31, 2022.
IBC will host its 2023 Annual General Meeting of shareholders on Friday, December 29, 2023, at the Lower Level Conference Room, 7000 S. Yosemite Street, Centennial, Colorado, 80112, at 2:00 PM (Mountain Time). Below are documents associated with the Meeting:
Jim Sims
Director of Investor and Public Relations
Email: [email protected]
Phone: +1 (303) 503-6203
401 Arvin Road
Franklin, IN, USA 46131
Toll Free: (800) 423-5612
T: (317) 738-2558
© 2024 IBC Advanced Alloys • Digital Marketing Agency Abra Marketing • Employee Login