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Friedman

16.00
-0.4600-2.79%
Post-market: 16.000.00000.00%16:04 EDT
Volume:20.39K
Turnover:329.62K
Market Cap:111.53M
PE:19.68
High:16.82
Open:16.43
Low:15.95
Close:16.46
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Company Profile

Company Name:
Friedman
Exchange:
AMEX
Establishment Date:
1965
Employees:
271
Office Location:
1121 Judson Road,Suite 124,Longview,Texas,United States
Zip Code:
75601
Fax:
- -
Introduction:
Friedman Industries, Incorporated engages in steel processing, pipe manufacturing and processing, and the steel and pipe distribution businesses the United States. It operates in two segments, Coil and Tubular. The Coil segment is involved in the conversion of steel coils into flat sheet and plate steel cut to customer specifications and reselling steel coils. This segment also processes customer-owned coils on a fee basis. The company sells coil products and processing services to approximately 230 customers located primarily in the midwestern, southwestern and southeastern regions of the United States. Its principal customers for these products and services are steel distributors and customers manufacturing steel products, such as steel buildings, railroad cars, barges, tanks and containers, trailers, component parts and other fabricated steel products. The Tubular segment manufactures line and oil country pipes, as well as pipes for structural applications. This segment sells its tubular products principally to steel and pipe distributors through its own sales force. Friedman Industries, Incorporated was incorporated in 1965 and is headquartered in Longview, Texas.

Directors

Name
Position
Mike Taylor
President and Chief Executive Officer and Director and Chairman of the Board
Durga D. Agrawal
Director
Joe L. Williams
Director
Joel Spira
Director
Max Reichenthal
Director
Sandy Scott
Director
Sharon Taylor
Director
Tim Stevenson
Director

Shareholders

Name
Position
Mike Taylor
President and Chief Executive Officer and Director and Chairman of the Board
Alex LaRue
Chief Financial Officer — Secretary & Treasurer