Business Information

12 Months Ended

Sep. 30, 2017

The Company identifies itself as one reportable segment, SIFCO, which is a manufacturer of forgings and machined components for the A&E markets.

Geographic net sales are based on location of customer. The United States of America is the single largest country for unaffiliated customer sales, accounting for 63% and 62% of consolidated net sales in fiscal 2017 and 2016, respectively. No other single country represents greater than 10% of consolidated net sales in fiscal 2017 and 2016. Net sales to unaffiliated customers located in various European countries accounted for 27% and 22% of consolidated net sales in fiscal 2017 and 2016, respectively. Net sales to unaffiliated customers located in various Asian countries accounted for 2% and 4% of consolidated net sales in fiscal 2017 and 2016, respectively.

Substantially all of the Company's operations and identifiable assets are located within the United States with the exception of its non-U.S. subsidiaries located in Maniago, Italy and Cork, Ireland. The identifiable assets for the Company's foreign subsidiaries as of September 30, 2017 was $37,607 compared with $37,196 as of September 30, 2016.



	2017		2016
Long-Lived Assets
United States	$	33,114	44,108
Europe	25,639		28,274
	$	58,753	72,382

At September 30, 2017, approximately 234 of the hourly plant personnel are represented by three separate collective bargaining agreements. The table below shows the expiration dates of the collective bargaining agreements.



Plant locations		Expiration date
Cleveland, Ohio		May 31, 2020
Alliance, Ohio *		October 26, 2017
Maniago, Italy		December 31, 2019

* Agreement ceased due to closure of Alliance facility.