Company Friedman Industries, Incorporated Deutsche Boerse AG

Equities

X36

US3584351056

Iron & Steel

Delayed Deutsche Boerse AG 08:59:02 27/06/2024 BST 5-day change 1st Jan Change
14.4 EUR +9.09% Intraday chart for Friedman Industries, Incorporated 0.00% +4.35%

Business Summary

Friedman Industries, Incorporated is a manufacturer and processor of steel products. Its segments include flat-roll products and tubular products. The flat-roll product 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, Granite City and East Chicago facilities operate temper mills and cut-to-length lines. The Decatur and Sinton facilities operate stretcher leveler cut-to-length lines. The tubular product segment consists of the Company's Texas Tubular Products division (TTP) located in Lone Star, Texas. TTP operates two electric resistance welded pipe mills with a combined outside diameter size range of 2 3/8 OD to 8 5/8 OD. Both pipe mills are American Petroleum Institute (API) licensed to manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes that meets other recognized industry standards.

Number of employees: 268

Sales per Business

USD in Million2023Weight2024Weight Delta
Flat-Roll
91.6 %
486 88.7 % 473 91.6 % -2.65%
Tubular
8.4 %
62 11.3 % 43 8.4 % -29.76%

Sales per region

USD in Million2023Weight2024Weight Delta
United States
100.0 %
548 100.0 % 516 100.0 % -5.71%

Managers

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

Members of the board

Members of the board TitleAgeSince
Director/Board Member 78 31/12/99
Director/Board Member 79 03/12/06
Director/Board Member 86 29/03/07
Director/Board Member 66 31/12/07
Director/Board Member 60 31/12/15
Chief Executive Officer 65 01/12/16
Director/Board Member 59 13/06/22
Director/Board Member 57 11/09/19

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 8,866,587 6,671,301 ( 75.24 %) 1,896,892 ( 21.39 %) 75.24 %

Shareholders

NameEquities%Valuation
DFA Australia Ltd.
7.843 %
547,146 7.843 % 10 M €
Tontine Associates LLC
6.245 %
435,666 6.245 % 8 M €
De Lisle Partners LLP
5.850 %
408,127 5.850 % 7 M €
Renaissance Technologies LLC
5.155 %
359,637 5.155 % 7 M €
Vanguard Global Advisers LLC
4.401 %
306,998 4.401 % 6 M €
Bridgeway Capital Management LLC
2.239 %
156,217 2.239 % 3 M €
152,154 2.181 % 3 M €
Acadian Asset Management LLC
1.927 %
134,457 1.927 % 2 M €
Morgan Stanley & Co. International Plc
1.394 %
97,255 1.394 % 2 M €
Geode Capital Management LLC
0.9192 %
64,123 0.9192 % 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(X36)
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