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Friedman Industries, Incorporated (FRD)

NYSE American - NYSE American Delayed Price. Currency in USD
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18.66+0.02 (+0.11%)
At close: 04:00PM EDT
18.66 0.00 (0.00%)
After hours: 04:06PM EDT

Friedman Industries, Incorporated

1121 Judson Road
Suite 124
Longview, TX 75601
United States
903 758 3431
https://www.friedmanindustries.com

Sector(s)Basic Materials
IndustrySteel
Full Time Employees234

Key Executives

NameTitlePayExercisedYear Born
Mr. Michael J. TaylorChairman of the Board, President & CEO1.09MN/A1959
Mr. Alex LaRueCFO, Secretary & Treasurer727.05kN/A1986
Paul RottmannVice President of OperationsN/AN/AN/A
Amounts are as of December 31, 2023 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

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.

Corporate Governance

Friedman Industries, Incorporated’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.