For Immediate Release CONTACT:

Max Muncey
The Quell Group
248.519.2066 mmuncey@quell.com

SHILOH INDUSTRIES NAMED A FORBES 2014 BEST SMALL COMPANIES IN AMERICA

VALLEY CITY, Ohio, Oct.16, 2014 - Shiloh Industries, Inc. (NASDAQ: SHLO), a leading supplier of lightweighting, noise and vibration solutions, today announced it has been ranked on the Forbes list of America's 2014 Best Small Companies. Out of all of the companies studied, Shiloh was ranked 32 out of the top 100 companies Forbes selected for the fastest growing public companies in America.

"Shiloh has grown through our focus on technology and innovation. This has been paramount to Shiloh's success, allowing us to broaden both our products and solutions, to strengthen our customer base and expand our global footprint," said Ramzi Hermiz, president and CEO, Shiloh Industries. "This award is a great honor and testament to our team's commitment to providing our customers innovative lightweight solutions without compromising safety, strength or NVH."
Shiloh earned a spot among the top 100 public companies with sales under $1 billion. Forbes ranked the companies based on return on equity, sales growth and earnings growth over the past year, as well as the past five years. Stock performance during the last 12 months versus each company's peer group was also factored into the ranking.
Shiloh's revenue has grown from $580 million to nearly $1 billion and doubled its enterprise value, net income and earnings per share since 2012.
The complete list of America's Best Small Companies was featured in the Oct. 15, 2014 issue of
Forbes and is available online.

About Shiloh Industries, Inc.

Shiloh Industries Inc. (NASDAQ: SHLO), is a leading global supplier of lightweighting and NVH solutions to the automotive, commercial vehicle and other industrial markets. The company offers the broadest portfolio of lightweighting solutions in the industry, capable of delivering solutions in steel, steel alloys, aluminum and magnesium. Shiloh delivers these solutions through design, engineering and manufacturing of first operation blanks, engineered welded blanks, complex stampings, modular assemblies and highly engineered aluminum and magnesium die casting and machined components serving the body-in-white, emission, powertrain, structural and seating needs of OEM and Tier 1 customers. Shiloh has locations across Asia, Europe and North America and approximately 3,300 employees. For more information visit http://www.shiloh.com/www.shiloh.com.
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