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Chicago Rivet & Machine Co. reports company updates tied to its North American fastener and assembly equipment businesses. The company manufactures and sells rivets, cold-formed fasteners, parts and screw machine products, and also produces automatic rivet setting machines, automatic assembly equipment, and related parts and tools.
Recurring CVR news centers on quarterly and year-end operating results, including net sales, income or loss, per-share results and average shares outstanding. Company announcements also include board-declared cash dividends and related commentary on profitability, cash requirements and financial condition.
Chicago Rivet & Machine (NYSE American: CVR) announced a comprehensive rebranding, introducing a modernized logo, new corporate identity, and updated website. The initiative is intended to align the company’s external image with its evolution from a parts manufacturer to a provider of comprehensive engineered joining systems.
Founded in 1920, the company highlights milestones such as expansion to Tyrone, Pennsylvania, acquisition of H&L Tool, and development of proprietary fastening technologies. The new brand positions Chicago Rivet & Machine as a “joining system expert” under the tagline “Join with US.” According to the company, the refreshed identity aims to attract talent, strengthen customer relationships, and support future growth.
CVR Energy (NYSE:CVI) and CVR Partners (NYSE:UAN) announced that Executive Vice President and Chief Financial Officer Dane Neumann has been promoted to President and CEO of both CVR Energy and the general partner of CVR Partners, effective June 18, 2026.
Neumann also joins their Boards of Directors, following the resignation of former CEO Mark Pytosh for personal reasons. Leadership comments highlight confidence in Neumann’s focus on operational excellence, continuous improvement, growth and shareholder returns.
Chicago Rivet & Machine (NYSE American: CVR) has temporarily suspended its quarterly cash dividend, effective May 14, 2026. The Board aims to redirect cash toward meeting current and future sales requirements, expanding production capacity utilization, launching newly awarded products, and funding business development to support long-term growth.
The Board will review capital allocation and revisit dividend policy as business conditions and growth objectives evolve.
Chicago Rivet & Machine Co (NYSE American: CVR) reported first-quarter 2026 results for the three months ended March 31. Net sales were $6,851,517 versus $7,245,635 in 2025. The company recorded an income loss before taxes of $379,658 and a net loss of $362,015, or ($0.37) per share. Average common shares outstanding were 966,132. All figures are subject to year-end audit.
Chicago Rivet & Machine Co (NYSE American: CVR) reported audited results for the year ended December 31, 2025. Net sales were $27,890,260 versus $26,986,627 in 2024. The company recorded an annual net loss of $1,083,214, improved from a $5,615,614 loss in 2024.
Income (loss) before income taxes was ($1,178,310) in 2025 compared with ($5,043,388) in 2024. Net loss per share narrowed to ($1.12) on 966,132 average shares versus ($5.81) in 2024.
Chicago Rivet & Machine Co. (NYSE American: CVR) issued a corrected release replacing a duplicate. The company scheduled its 2026 Annual Meeting of Shareholders for May 12, 2026 at 10:00 AM CDT at the Sheraton Lisle Hotel; meeting materials were mailed on or about April 7, 2026.
The company also disclosed that its audited consolidated financial statements in the Form 10-K filed April 3, 2026 include an audit opinion containing a "going concern" qualification (see Note 11).
Chicago Rivet & Machine Co (NYSE American: CVR) reported audited results for the year ended December 31, 2025. Net sales were $27,890,260 in 2025 versus $26,986,627 in 2024. Net loss narrowed to $(1,083,214) in 2025 from $(5,615,614) in 2024, with loss per share improving to $(1.12) from $(5.81).
Average common shares outstanding remained 966,132 for both years. Income (loss) before income taxes improved to $(1,178,310) in 2025 from $(5,043,388) in 2024.
Chicago Rivet & Machine Co (NYSE American: CVR) declared a quarterly cash dividend of $0.03 per share, payable March 20, 2026. The Board stated future dividends remain at its discretion and will consider profitability, cash requirements, and overall financial condition.
The company warned that forward-looking statements are subject to risks including automotive market conditions, customer concentration, raw material costs, supply-chain disruption, and regulatory and labor risks.
Chicago Rivet & Machine Co (NYSE American: CVR) declared a quarterly cash dividend of $0.03 per share, payable March 20, 2026, to shareholders of record on March 6, 2026. The dividend was approved by the Board of Directors.
The Board said future dividends will remain at its discretion, and decisions will consider profitability, cash needs and the company’s overall financial condition. The release reiterates the company’s forward-looking statement caution on industry, customer concentration, raw materials and other risks.
CVR Energy (NYSE: CVI) said subsidiaries prepaid $75 million of the senior secured term loan on Dec 31, 2025, leaving approximately $165 million of outstanding principal. The company said this payment represents a 50% paydown of the term loan issued in December 2024.
CVR provided preliminary consolidated 2026 capital spending guidance of $200 million to $240 million, with segment totals (low–high): Petroleum $130–145M, Nitrogen Fertilizer $60–75M, and Other $5–20M. The company noted renewables capex will be minimal after reverting a renewable diesel unit to hydrocarbon processing in December 2025.