Company Friedman Industries, Incorporated

Equities

FRD

US3584351056

Iron & Steel

Market Closed - Nyse 04:00:00 2024-04-18 pm EDT 5-day change 1st Jan Change
19 USD +1.01% Intraday chart for Friedman Industries, Incorporated -0.99% +22.90%

Business Summary

Friedman Industries, Incorporated is a manufacturer and processor of steel products. Its segments include coil products and tubular products. The coil products segment consists of the operation of five hot-rolled coil processing facilities located in Hickman, Arkansas; Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois and Sinton, Texas. 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 tubular products 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 (TTP). TTP operates two electric resistance welded pipe mills with a combined outside diameter (OD) size range of 2 3/8 OD to 8 5/8 OD. Both pipe mills manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes.

Number of employees: 235

Sales per Business

USD in Million2022Weight2023Weight Delta
Coil
88.7 %
230 80.8 % 486 88.7 % +110.75%
Tubular
11.3 %
55 19.2 % 62 11.3 % +12.97%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
285 100.0 % 548 100.0 % +91.96%

Managers

Managers TitleAgeSince
Chief Executive Officer 65 16-12-01
Director of Finance/CFO 38 11-05-31
Corporate Officer/Principal 49 16-12-31
Corporate Officer/Principal 50 96-12-31
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 78 99-12-31
Director/Board Member 79 06-12-03
Director/Board Member 86 07-03-29
Director/Board Member 66 07-12-31
Director/Board Member 60 22-06-13
Chief Executive Officer 65 16-12-01
Director/Board Member 59 22-06-13
Director/Board Member 57 19-09-11

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 8,873,203 6,677,917 ( 75.26 %) 1,896,892 ( 21.38 %) 75.26 %

Shareholders

NameEquities%Valuation
Dimensional Fund Advisors LP
7.926 %
552,968 7.926 % 10 M $
De Lisle Partners LLP
5.850 %
408,127 5.850 % 8 M $
Renaissance Technologies LLC
5.372 %
374,782 5.372 % 7 M $
Tontine Associates LLC
5.366 %
374,327 5.366 % 7 M $
Vanguard Global Advisers LLC
4.479 %
312,445 4.479 % 6 M $
Bridgeway Capital Management LLC
2.207 %
153,942 2.207 % 3 M $
142,154 2.038 % 3 M $
Acadian Asset Management LLC
1.964 %
137,027 1.964 % 3 M $
Morgan Stanley Smith Barney LLC
1.103 %
76,982 1.103 % 1 M $
Geode Capital Management LLC
0.9318 %
65,005 0.9318 % 1 M $

Company contact information

Friedman Industries, Inc.

1121 Judson Road Suite 124

75601, Longview

+903 758 3431

http://www.friedmanindustries.com
address Friedman Industries, Incorporated(FRD)
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