Amsted Industries
Lila Palasz, CPA, is a seasoned professional in auditing and finance with extensive experience in internal and external audit roles. Currently serving as a Senior Internal Auditor at Amsted Industries since June 2022, Lila previously held positions at Grant Thornton LLP, advancing from Audit Intern in 2018 to Senior Audit Associate by June 2022. Academic credentials include a Bachelor of Science in Accounting and Finance from Southern Illinois University, Carbondale, where Lila also worked as a Student Worker in the Civil and Environmental Engineering Office, managing multiple budgets and assisting with purchasing processes. Lila's strong analytical skills and commitment to accuracy are evidenced by a successful track record in financial reconciliation and compliance with accounting standards.
Amsted Industries
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Founded as American Steel Foundries in 1902 via the combination of eight steel foundries in the East and Midwest, the company changed its name to Amsted Industries in 1962. At one time, Amsted dealt principally with railroad companies, producing a variety of cast-steel components. Today, the company's product lineup ranges from cooling towers and ductile pressure pipe to steel railroad wheels and powdered metal products. Amsted went private via an employee stock ownership buyout in 1986.