FRIEDMAN INDUSTRIES, INCORPORATED LAUNCHES NEW COMPANY WEBSITE
07 August 2023 - 3:00PM
Friedman Industries, Incorporated (NYSE – American;
trading symbol: FRD)
Friedman Industries, Incorporated (NYSE
American: FRD) announced today the publication of its new company
website at www.friedmanindustries.com. “We are delighted to launch
a new website with expanded content to showcase our Company,” said
Michael J. Taylor, President and Chief Executive Officer. “The
website highlights our recent growth initiatives of facilities
acquired in East Chicago, IN and Granite City, IL along with our
newly constructed facility in Sinton, TX. We believe the website
will facilitate further sales growth and provides shareholders and
interested investors with a greater understanding of our operations
and easy access to important Company information. Investors are
encouraged to subscribe to investor alerts through the site to stay
informed. We look forward to sharing additional content on the site
as Friedman continues to grow,” Taylor concluded.
ABOUT FRIEDMAN INDUSTRIES
Friedman Industries, Incorporated (“Company”),
headquartered in Longview, Texas, is a manufacturer and processor
of steel products with operating plants in Hickman, Arkansas;
Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois;
Sinton, Texas and Lone Star, Texas. The Company has two reportable
segments: flat roll products and tubular products. The flat roll
segment was previously referred to as the coil segment. The flat
roll segment consists of the operations in Hickman, Decatur, East
Chicago, Granite City and Sinton where the Company processes
hot-rolled steel coils. The Hickman, East Chicago and Granite City
facilities operate temper mills and corrective leveling cut-to
length lines. The Sinton and Decatur facilities operate stretcher
leveler cut-to-length lines. The Sinton facility is a newly
constructed facility with operations commencing in October 2022.
The East Chicago and Granite City facilities were acquired from
Plateplus, Inc. on April 30, 2022. The tubular segment consists of
the operations in Lone Star where the Company manufactures electric
resistance welded pipe and distributes pipe through its Texas
Tubular Products division.
For further information, please contact Alex LaRue, Chief Financial Officer – Secretary and Treasurer, at (903)758-3431.
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