Empire Resources Inc.
ERS
NASDAQ7.00
USD
+0.02
- -
CIK
0001019272
Return %
Stock
S&P500
1Y
- -
18.65
3Y
- -
71.44
5Y
- -
70.60
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- IPO Date
- Jan 2, 2003
- CIK
- 0001019272
- Similar Companies
- Business
- Empire Resources Inc. is a distributor of value-added, semi-finished aluminum and steel products headquartered in Paramus, New Jersey. The company offers a comprehensive range of semi-finished metal products including aluminum sheets, coils, plates, foils, rods, bars, wires, and extruded and cast products. These products are supplied for diverse applications such as road signs, roofing, food wrappers, automotive components, gas tanks for trailers, shipbuilding, truck and dump bodies, industrial toolboxes, and automotive runners. Empire Resources primarily serves customers in North America, Europe, Australia, and New Zealand, including fabricators and builders of vehicles. Founded in 1984, it operates through marketing and sales personnel as well as independent sales agents. In 2017, Empire Resources was acquired by Ta Chen Stainless Pipe Co., Ltd., a leading distributor of stainless, aluminum, and nickel alloy products, and now operates as a wholly-owned subsidiary of Ta Chen. The acquisition has strengthened Empire's service capabilities and extended its access to Ta Chen's extensive warehouse network and just-in-time delivery platform in the U.S. The company continues to maintain its established team and operational structure post-acquisition and pursues strategic growth through potential joint ventures and acquisitions to enhance its value-added service offerings, including processing, manufacturing, finishing, and distribution services. Empire Resources holds a reputation for financial strength and reliability foundational to its growth strategy in the metal distribution industry.
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