Ampco-Pittsburgh shares surge 10.07% intraday after subsidiary Air and Liquid Systems reports record $28M in January orders.

Ampco-Pittsburgh Corporation (NYSE: AP) surged 10.07% during intraday trading following the announcement that its subsidiary, Air and Liquid Systems Corporation, secured a record $28 million in customer orders for January 2026—a 33% increase from the previous monthly record. The order surge, driven by new contracts in military and pharmaceutical markets, highlighted robust demand for the subsidiary’s custom-engineered air and liquid processing equipment. The CEO emphasized the significance of this performance as a strong start to the year, reinforcing confidence in the company’s specialized industrial solutions. This development aligns with broader operational momentum, as the company reported $49 million in total customer orders for the month. The news directly supported the stock’s upward movement, underscoring growth in high-margin sectors and positioning Ampco-Pittsburgh as a beneficiary of sustained industrial demand.