TimkenSteel Corporation

01/13/2015 | Press release | Archived content

Customer Ellwood Purchases TMST Stock

Ellwood Group announced in an SEC Filing on Jan.7 that it owns just over 5 percent of TimkenSteel stock. Ellwood is a customer and supplier of TimkenSteel, and we've had a long and valued relationship with them. Now, they'll also be among our larger shareholders. Ellwood stated in its SEC filing that it "purchased the Shares based on its belief that the Shares, when purchased, were undervalued and represented an attractive investment opportunity."

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