LONGVIEW, TX, Meyi 2, 2022 (GLOBE NEWSWIRE) - Friedman Industries, Incorporated ("Friedman") (NYSE American: FRD), kampani yomwe ili ku Texas kudzera mu Texas Division Tubular Products, ikugwira ntchito yokonza zitsulo ndi kugawa, ndi Kampani yopanga ma Pipe Manufacturing lero yalengeza kuti yapeza zinthu ziwiri zomwe zili bwino kwambiri kuchokera ku Plateplus, Inc. ("Plateplus"), zomwe zidapangitsa Friedman kukhala malo otsogola opangira zitsulo ku North America ndikukulitsa kugawa, kukula ndi kukonzanso mphamvu. Kuphatikiza pa malo omwe adapeza, Friedman adapeza chuma chachitsulo ndikukhazikitsa ubale wamakasitomala m'malo ena awiri a Plateplus. Maphwando adasaina pangano pazogulitsazo pa Epulo 26, 2022, ntchitoyo iyamba kugwira ntchito kuyambira pomwe idatsekedwa pa Epulo 30, 2022.
Friedman anagula malo, nyumba, zipangizo, katundu, ndi katundu wina kuchokera ku mabizinesi a Plateplus ku East Chicago, Indiana, ndi Granite City, Illinois. Kuphatikiza apo, Friedman ali ndi mwayi wopeza zitsulo komanso ubale wamakasitomala pamitengo ya Plateplus ku Loudoun, Tennessee ndi Houston, Texas. Bizinesi yomwe idachitika m'mbuyomu kumaofesi a Plateplus ku Loudon ndi Houston isamukira ku malo a Friedman ku Decatur, Alabama ndi Sinton, Texas, motsatana, ndikupereka magwiridwe antchito achangu komanso omveka bwino komanso kulumikizana kwamitengo.
"Kwa zaka zingapo zapitazi, takhala tikugwiritsa ntchito ndalama zambiri kuti tikwaniritse zosowa zamakasitomala, kuphatikiza machira athu atsopano a Decatur, AL ndi malo athu atsopano ku Sinton, TX, omwe akuyembekezeka kutsegulidwa kumapeto kwa chaka chino. , "anatero Mike Taylor, Purezidenti & Chief Executive Officer wa Friedman. "Kwa zaka zingapo zapitazi, takhala tikugwiritsa ntchito ndalama zambiri kuti tikwaniritse zosowa zamakasitomala, kuphatikiza machira athu atsopano a Decatur, AL ndi malo athu atsopano ku Sinton, TX, omwe akuyembekezeka kutsegulidwa kumapeto kwa chaka chino. , "anatero Mike Taylor, Purezidenti & Chief Executive Officer wa Friedman."M'zaka zingapo zapitazi, takhala tikugwiritsa ntchito ndalama zambiri kuti tikwaniritse zosowa zamakasitomala aliyense, kuphatikiza wowonjezera pa malo athu a Decatur, Alabama komanso malo athu atsopano ku Sinton, Texas, omwe akuyembekezeka kutsegulidwa kumapeto kwa chaka chino. adatero Mike Taylor, Purezidenti ndi CEO wa Friedman."Pazaka zingapo zapitazi, tapanga ndalama mwanzeru kukulitsa luso lathu lopanga zinthu kuti tikwaniritse zosowa za kasitomala aliyense, kuphatikiza malo athu ku Decatur, Alabama ndi malo athu atsopano ku Hinton, Texas, omwe akuyembekezeka kutsegulidwa kumapeto kwa chaka chino. . "Anatero Mike Taylor, Purezidenti ndi wamkulu wa Friedman. "Kugulitsa uku komanso mphamvu zogwirira ntchito zomwe zimapereka zimawonjezera phindu pakugulitsa kwakanthawi kochepa. Tikusintha kampani yathu ndiukadaulo wotsogola komanso malo okulirapo omwe angatipangitse kutsogolera ndi utsogoleri wambiri wazogulitsa. Kuphatikiza kumathandizira makasitomala ambiri. ” Izi zimatengera Friedman pamilingo yatsopano, yodalirika komanso kuthekera kopereka zinthu zabwino kwambiri pamsika kuti titha kuthandiza makasitomala ku North America mogwira mtima. "
Pansi pa mgwirizanowu, Friedman adagula zinthuzo $63.8 miliyoni ndi ndalama zokwana 516,041 Friedman share. Katundu wosasunthika adatenga pafupifupi $ 18 miliyoni pamtengo wogulira, ndipo chotsaliracho chinali masheya achitsulo. Mtengo womaliza wogula udzasinthidwa kuti uwonetsere zomaliza ndi zomwe walonjeza. Friedman adathandizira ndalamazo pokulitsa ngongole yochokera ku JPMorgan kuchokera pa $ 75 miliyoni mpaka $ 150 miliyoni. Atapereka ndalama za mgwirizano, ndalama zomwe Friedman adapeza pa ngongoleyo zinali $ 72.5 miliyoni.
Bizinesi yomwe idapezedwa imapereka masamba olimba komanso odulidwa mpaka kutalika kuyambira 16 gauge mpaka 5/8-inch thick and 36-inchi mpaka 72-inch wide. Malowa azigwira ntchito ngati gawo la Friedman Coil Products. Kupeza kosinthika kukuyembekezeka kupitilira kugulitsa kawiri pachaka. M'miyezi khumi ndi iwiri yomwe idatha pa Marichi 31, 2022, gawo la coil la Friedman linagulitsa matani 152,000. M'miyezi khumi ndi iwiri yomweyi, kuchuluka kwa malonda ogulidwa kunali matani 163,000. Friedman ali ndi chidaliro kuti kupanga pamalo omwe adapezako kumatha kukulitsidwa. Munthawi yomweyi ya miyezi 12, malonda m'dera la Loudon ndi Houston adakwana matani 113,000. Friedman ali ndi chidaliro kuti atha kusamutsa zambiri mwazomera zake ku Decatur ndi Hinton. Friedman akuyembekeza kuti mgwirizanowu ukhale ndi zotsatira zogwira ntchito.
Malo omwe adapeza amapereka njira zonyamula katundu zomwe zimalola Friedman kuti azilankhulana bwino ndi makasitomala omwe ali ndi nthawi yayitali yobweretsera, zomwe zikuyembekezeka kupititsa patsogolo kukhutira kwamakasitomala komanso mpikisano wa Friedman. Ndikofunika kuzindikira kuti malo onse a Friedman ali pamadzi kapena pafupi ndi madzi, ndipo asanu mwa malo asanu ndi limodziwa ali ndi njanji. Izi zimathandizira kusankha kopereka, komwe Friedman akuti ndikofunikira kuti zinthu ziziyenda bwino. Ndi katundu wa Plateplus, Friedman adzakhala nawo pamsika waukulu kwambiri wa North America wogula zitsulo ndi ntchito ku East Chicago, Indiana; Granite City, Illinois; Hickman, Arkansas; Decatur, Alabama; Texas Lone Star, Texas; ndi Hinton, Texas. .
Mgwirizanowu ukuphatikizanso makasitomala ambiri amakampani awiriwa ndi ogulitsa, kutsegulira mwayi watsopano wopititsa patsogolo kukula kwa malonda kwa makasitomala ambiri ndikuwongolera magwiridwe antchito am'magawo. Pophatikiza zomera za Granite City ndi East Chicago ndi ntchito za Friedman zomwe zilipo kale komanso kusuntha mavoti kuchokera ku zomera za Plateplus ku Loudoun ndi Houston kupita ku zomera za Friedman, Friedman akuyembekeza kuti azigwira ntchito ndi mtengo wake komanso kugwira ntchito moyenera. Kapangidwe katsopano kadzakhudza mwachindunji phindu. Friedman amayembekezanso malo ochulukirapo opeza bwino kuchokera pazomwe akuyembekezeredwa.
Oyang'anira a Friedman amadziwa zinthu zomwe Plateplus adapeza, makasitomala komanso ogulitsa zitsulo zazikulu. Pamene malo omwe adapezawo anali mbali ya Cargill's metal service center portfolio, Taylor anali pulezidenti wa Cargill's metal service center division.
"Ndimagwira ntchito limodzi ndi magulu a katundu ndi talente ku East Chicago ndi Granite City maofesi ndikulandira antchitowa ku Friedman," Taylor anapitiriza. "Tikuyembekezeranso kugwira ntchito ndi eni ake a Plateplus, Metal One Corporation, omwe adzakhale ogawana nawo kwambiri ku Friedman ndikubweretsa ukadaulo wake pamakampani ogulitsa zitsulo kunyumba ndi kunja."
Zambiri zokhudzana ndi mgwirizanowu zikupezeka pagawo la Investor patsamba la Friedman.
Montrose Advisors adakhala ngati mlangizi wazachuma pakuchitapo kanthu ndipo Norton Rose Fulbright adakhala ngati mlangizi wazamalamulo ku Friedman Industries.
Zokhudza Friedman Industries, Inc. Granite City, Illinois ndi Lone Star, Texas. Kampaniyo ili ndi magawo awiri omwe amanenedwa: Coil Products ndi Tube Products. Gawo la Coil Products limaphatikizapo malo omwe kampaniyo ili ku Hickman, Decatur, East Chicago ndi Granite City, komwe kampaniyo imagwiritsa ntchito koyilo yotentha. Zomera ku Hickman, East Chicago ndi Granite City zimagwiritsa ntchito mphero zowumitsa komanso mizere yodula mpaka utali. Fakitale ya Decatur ili ndi cholumikizira cha mzere wodula mpaka kutalika. Kampaniyo ikupanga paketi yowonjezera ya coil ku Hinton, Texas, yomwe ikuyembekezeka kugwira ntchito mu Ogasiti 2022. Gawo la Tubular Products limaphatikizapo ntchito ku Lone Star, komwe kampaniyo imapanga kukana welded tubing ndikugawa zinthu za tubular kudzera mu gawo lake la Texas Tubing.
Nkhaniyi ili ndi ziganizo zamtsogolo mkati mwa tanthawuzo la Gawo 27A la Securities Act ndi Gawo 21E la Exchange Act zomwe zimaphatikizapo zoopsa ndi zosatsimikizika. Ziganizo zoyang'ana kutsogolo zimaphatikizapo zisanachitike, pambuyo kapena kuphatikiza "chifuniro", "kuwoneratu", "kufuna", "kuyembekezera", "kukhulupirira", "projekiti", "zoneneratu", "kupanga", "pulani", "kuyerekeza", "kuyerekeza", "Phatikizani" ndi mawu ofanana, kuphatikizapo, mwachitsanzo, mawu okhudza ndondomeko yathu yamalonda, makampani athu, phindu lathu lamtsogolo, kukula kwa makampani omwe timatumikira, zomwe tikuyembekezera, zikhulupiriro, mapulani, njira, zolinga, ziyembekezo ndi malingaliro, tsogolo lathu. mphamvu , ntchito yotchinga mtsogolo, kutsegulidwa kwa malo athu a Sinton, nthawi yomaliza kusintha kuchokera ku Plateplus ku Loudon ndi Houston kupita ku Friedman ntchito ku Decatur ndi Sinton, zotsatira za malondawa pa malonda amtsogolo, khalidwe la malonda, ndi kuyerekezera ndi zomwe zikuyembekezeka mtsogolomu komanso momwe msika wamafuta ndi gasi udzakhalire Mawu awa amtsogolo angaphatikizepo, koma osachepera, kusintha kwamtsogolo kwachuma cha kampani kapena zotsatira za ntchito, kuthekera kopanga mtsogolo, zinthu zabwino ndi mapulani akukulitsa omwe akufuna. . Ndemanga zoyang'ana kutsogolo, kaya zapakamwa kapena zolembedwa, kuphatikiza koma osalekeza kutulutsidwa kwa atolankhani.
Ndemanga zoyang'ana kutsogolo sizotsimikizira zotsatira zamtsogolo. Mawuwa akutengera zomwe oyang'anira amayembekeza ndipo amakumana ndi zoopsa zingapo zamabizinesi ndi kusatsimikizika, zilizonse zomwe zingapangitse zotsatira zenizeni kukhala zosiyana ndi zomwe zafotokozedwa kapena kufotokozedwa m'mawu opita patsogolo. Ngakhale kuti zonena zamtsogolo zikuwonetsera zikhulupiriro zathu zamakono, siziyenera kudaliridwa monga momwe zimakhudzira zoopsa zodziwika ndi zosadziwika, zosatsimikizika ndi zinthu zina zomwe zingayambitse zotsatira zathu zenizeni, zotsatira kapena zopambana kuti zikhale zosiyana ndi zomwe zimayembekezeredwa pokhudzana ndi zotsatira zamtsogolo. , zotsatira kapena zopambana. zipambano zosonyezedwa kapena zosonyezedwa ndi mawu oyembekezera oterowo zimasiyana kwambiri. Zotsatira zenizeni zamtsogolo ndi momwe zinthu zidzakhalire zingasiyane chifukwa cha zinthu zingapo, kuphatikizapo, koma osati zokha, kusintha kwa zofuna ndi mitengo ya katundu wa kampani, zotsatira za mliri wa COVID-19, kusintha kwa ndondomeko zazitsulo za boma, kusintha kwa zinthu. zitsulo, ndi kusintha kwa kufunikira kwazinthu zonse zachitsulo ndi kupambana kwa kampaniyo pokwaniritsa ndondomeko zake zamkati, kuphatikizapo ndalama, nthawi ndi ntchito yabwino ya machira atsopano, mizere yowongoka ya Sinton, kusintha ndi kupezeka kwa zipangizo, kuthekera kwathu kukwaniritsa zofuna kapena kulipira. maudindo ena pansi pa mapangano operekera pano, osakonzekera kutsekedwa kwa malo athu opangira zinthu chifukwa cha kulephera kwa zida kapena zovuta zina, zotsatira za ntchito zathu zotchingira, kuchuluka kwa mpikisano kuchokera kuzinthu zina, komanso kuwopsa kokhudzana ndi kuwonjezereka kwaukadaulo, umisiri watsopano, zogulitsa ndi zofuna za ogula. . Chifukwa chake, kudalira kosayenera sikuyenera kuyikidwa paziganizo zathu zakutsogolo. Zowopsa ndi kusatsimikizika kotereku zimakambidwanso ndi oyang'anira athu pokambirana ndikuwunika momwe ndalama ziliri ndi zotsatira za ntchito, komanso mbali zina zamakampani omwe adalemba ndi United States Securities and Exchange Commission (“SEC”) molingana ndi Securities Act of 1933, monga kusinthidwa. ndi Securities Exchange Act ya 1934, monga yasinthidwa ("Exchanges Act"), kuphatikizapo kubweza kwapachaka kwa kampani pa Fomu 10-K ndi zobwezera zina zapakota pa Fomu 10-Q. Sitikukakamizika kusintha kapena kukonzanso ziganizo zamtsogolo, kaya chifukwa cha zatsopano, zomwe zidzachitike m'tsogolo, kusintha kwa zochitika kapena zina, kupatula monga momwe lamulo limafunira.
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