PITTSBURGH, Jan. 14, 2013 /PRNewswire/ -- TMS International Corp. (NYSE: TMS), the parent company of Tube City IMS Corporation, a leading provider of outsourced industrial services to steel mills globally, announced that it has promoted Hideyuki Nishizawa to Executive Vice President – International Trade of the company's Raw Material and Optimization Group.
Mr. Nishizawa will be responsible for overseeing all of TMS International's raw materials activities outside of North America, including the management of the company's 14 international brokerage offices from which the company buys and sells raw materials.
Mr. Nishizawa joined TMS International in January 2006 and was promoted to Senior Vice President – International Trade based in Chicago in 2007 and then to his current position of Managing Director of Asia based in Singapore in 2008.
Prior to joining the company, Mr. Nishizawa was President of the Chicago branch of Sojitz Corp. of America, an international trading company. He was also General Manager of Sojitz Mineral Resources Department based in New York City.
Mr. Nishizawa has a Bachelor's Degree in Business Management from Meiji University in Tokyo, and is fluent in Chinese, English and Japanese.
"We are delighted to announce Hideyuki's promotion," said J. David Aronson, President and COO, Raw Material and Optimization Group. "He has been instrumental in driving the company's international trading expansion over the past seven years. His more than 23 years of experience in the global trading industry is a tremendous asset to the company as we continue to expand globally."
About TMS International Corp.
TMS International Corp., through its subsidiaries, including Tube City IMS Corporation, is the largest provider of outsourced industrial services to steel mills in North America as measured by revenue and has a substantial and growing international presence. The company provides mill services at 81 customer sites in 11 countries and operates 36 brokerage offices from which it buys and sells raw materials across five continents.
Forward Looking Statements
Certain information in this news release contains forward-looking statements with respect to the company's financial condition, results of operations or business or its expectations or beliefs concerning future events. Such forward-looking statements include the discussions of the potential new debt refinancing, the company's business strategies, estimates of future global steel production and other market metrics and the company's expectations concerning future operations, margins, profitability, liquidity and capital resources. Although the company believes that such forward-looking statements are reasonable, it cannot assure you that any forward-looking statements will prove to be correct. Forward-looking statements may be preceded by, followed by or include the words "may," "will," "believe," "expect," "anticipate," "intend," "plan," "estimate," "could," "might," or "continue" or the negative or other variations thereof or comparable terminology. Such forward-looking statements are not guarantees of future performance and involve risks, uncertainties, estimates and assumptions that may cause the company's actual results, performance or achievements to be materially different. Additional information relating to factors that may cause actual results to differ from the company's forward-looking statements can be found in the company's most recent Annual Report on Form 10-K and elsewhere in the company's filings with the Securities and Exchange Commission. You should not place undue reliance on any of these forward- looking statements. Any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update any such statement to reflect new information, or the occurrence of future events or changes in circumstances.
SOURCE TMS International Corp.