Olympic Steel Inc. (Nasdaq: ZEUS), a leading national metals
service center, today announced that it has been awarded an IATF 16949
management system certificate for manufacturing flat rolled steel,
stainless and aluminum, including slitting, cut to length, and
configured blanks.
IATF 16949, was developed by the International Automotive Task Force
(IATF) and the Japan Automobile Manufacturers Association (JAMA), in
conjunction with the international standards community. IATF 16949:2016
is an international management system automotive "sector-specific"
technical specification based on ISO 9001:2015 and several other
international automotive requirements. The certification was granted to
Olympic Steel's facility in Detroit, Michigan by SRI Quality System
Registrar.
Olympic Steel's Executive Vice President and Chief Operating Officer
Andrew Greiff said, "We are proud of this recognition, which reflects
our long-term expertise in partnering with metal consumers. Automotive
manufacturers can improve their supply chains and optimize component
outsourcing with Olympic Steel. Our commitment to providing consistently
high-quality products made from automotive aluminum, stainless steel and
carbon steel is also advancing the industry's transition to lighter
weight vehicles."
"SRI is pleased to acknowledge that Olympic Steel has demonstrated
effective implementation of a management system that satisfies the tough
auto standard: IATF 16949," stated Edward L. Maschmeier, Associate Vice
President, Certification. "Their certification shows automotive
customers worldwide that Olympic Steel is recognized as a long-term
supplier of quality goods and services."
About Olympic Steel
Founded in 1954, Olympic Steel is a leading U.S. metals service center
focused on the direct sale and distribution of large volumes of
processed carbon, coated and stainless flat-rolled sheet, coil and plate
steel, aluminum and tin products. The Company's CTI subsidiary is a
leading distributor of steel tubing, bar, pipe, valves and fittings, and
fabricates pressure parts for the electric utility industry.
Headquartered in Cleveland, Ohio, Olympic Steel operates from 31
facilities in North America.
About SRI Quality System Registrar
SRI Quality System Registrar is an internationally accredited registrar
for management systems standards, such as ISO 9001, AS9100, IATF 16949,
OHSAS 18001, ISO 13485, ISO 20000-1, ISO 27001, ISO/FSSC 22000 and
environmental management systems standards such as ISO 14001, RC14001,
and RCMS. SRI also provides public training for auditing, implementing,
and maintaining these standards.
For additional information, please visit Olympic Steel's website at www.olysteel.com
or http://ir.olysteel.com/Contact_Us?BzID=2195
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Olympic Steel Investor Relations
Matthew J. Dennis, CFA,
216-672-0522
ir@olysteel.com
or
SRI
Quality Systems Registrar
Jennifer Tomaro, 724-943-9000 ext. 660
jtomaro@SRIRegistrar.com