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Friedman Industries (FRD) plans Sinton facility expansion with new laser cutting

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Friedman Industries filed a current report describing plans to expand its facility on Steel Dynamics’ campus in Sinton, Texas. The project will increase the building size and add laser cutting equipment to offer new first-stage processing and fabrication capabilities for cut-to-length sheet.

The company expects the expansion to be completed in the fourth calendar quarter of 2026. Management describes the project as a strategic supply solution intended to improve customer efficiency, reduce handling in the supply chain, capture additional value-added services and strengthen margins and customer relationships.

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false 0000039092 0000039092 2026-03-17 2026-03-17
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): March 17, 2026
 
FRIEDMAN INDUSTRIES, INCORPORATED
(Exact name of registrant as specified in its charter)
 
Texas
1-07521
74-1504405
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
 
1121 Judson Road Suite 124, Longview, Texas 75601
(Address of principal executive offices, including zip code)
 
(903) 758-3431
(Registrants telephone number, including area code)
 
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b))
 
 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $1 Par Value
FRD
Nasdaq Global Select Market
 
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company         
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 

 
Item 7.01. Regulation FD Disclosure
 
On March 17, 2026, Friedman Industries, Incorporated (the “Company”) issued a press release announcing plans to expand its Sinton, Texas facility, including an increase in building size and the addition of laser cutting equipment to provide new fabrication capabilities. A copy of the press release is furnished as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
 
In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
 
Item 9.01. Financial Statements and Exhibits
 
(d)
Exhibits
 
99.1
Press Release issued by Friedman Industries, Incorporated on March 17, 2026.
 
104
Cover Page Interactive Data File (embedded with the Inline XBRL document)
 
 

 
SIGNATURES
 
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
 
 
 
FRIEDMAN INDUSTRIES, INCORPORATED
Date: March 17, 2026
 
 
By:          /s/    Alex LaRue        
 
Alex LaRue
 
Chief Financial Officer, Secretary and Treasurer
   
 
 

Exhibit 99.1

 

Friedman Industries Announces Expansion of Sinton, Texas Facility and New Fabrication Capabilities

 

LONGVIEW, Texas, March 17, 2026 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD) today announced plans to expand its facility located on Steel Dynamics’ campus in Sinton, Texas. The expansion includes an increase in building size and new fabrication capabilities aimed at supporting customers’ evolving processing needs. Current expected completion timeline for the project is in the fourth calendar quarter of 2026.

 

As part of this expansion, the Company is adding laser cutting equipment to provide first-stage processing for cut-to-length sheet. This enhancement is intended to serve customers seeking initial processing directly from a service center co-located at a mill source. The investment strengthens Friedman’s ability to deliver flexible, value-added solutions while enhancing overall service performance.

 

“We are excited to expand our Sinton operations to include laser cutting capabilities,” said Michael Taylor, President and Chief Executive Officer of Friedman Industries. “Since its completion in 2022, our Sinton facility has built an exceptional reputation for quality. It has benefited from a strong partner in Steel Dynamics, and we are eager to invest in that relationship. These additional processing capabilities represent a strategic supply solution for our customers by offering service center source fabrication that can improve efficiency and reduce handling throughout the supply chain. At the same time, this expansion allows Friedman to capture additional value-added services within our platform, further strengthening our margins and deepening our customer relationships. We are excited to expand in recognition of the additional opportunities we see available in the market.”

 

Friedman Industries continues to grow with a disciplined focus on strategic capital investment, operational excellence, and strengthening its service platform.

 

About Friedman Industries

 

Friedman Industries is a diversified metals processing and pipe manufacturing company operating through two segments: flat-roll products and tubular products.

 

The flat-roll products segment includes processing facilities in Hickman, Arkansas; Decatur, Alabama; Miami, Florida; East Chicago, Indiana; Granite City, Illinois; and Sinton, Texas, as well as a distribution facility in Orlando, Florida. This segment processes carbon steel, stainless steel, and aluminum flat-rolled products.

 

The tubular products segment operates in Lone Star, Texas, where the Company manufactures electric resistance welded (ERW) pipe and distributes pipe through its Texas Tubular Products division.

 

 

 

For more information, visit www.friedmanindustries.com.

 

Forward-Looking Statements

 

This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act, and such statements involve risk and uncertainty. Forward-looking statements include those preceded by, followed by or including the words “will,” “expect,” “intended,” “anticipated,” “believe,” “project,” “forecast,” “propose,” “plan,” “estimate,” “enable,” and similar expressions, including, for example, statements about our business strategy, our industry, our future profitability, growth in the industry sectors we serve, our expectations, beliefs, plans, strategies, objectives, prospects and assumptions, future production capacity and product quality. Forward-looking statements may be made by management orally or in writing including, but not limited to, this news release.  Forward-looking statements are not guarantees of future performance. These statements are based on management’s expectations that involve a number of business risks and uncertainties, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. Although forward-looking statements reflect our current beliefs, reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, except to the extent law requires.

 

CONTACT:

(903)758-3431

investors@friedmanindustries.com

 

FAQ

What did Friedman Industries (FRD) announce in its latest 8-K filing?

Friedman Industries announced plans to expand its Sinton, Texas facility. The project increases building size and adds laser cutting capabilities, aiming to enhance fabrication services for cut-to-length sheet and better support customers’ evolving processing needs directly at a mill-adjacent service center.

When is Friedman Industries’ Sinton, Texas expansion expected to be completed?

The Sinton, Texas facility expansion is expected to be completed in the fourth calendar quarter of 2026. This timeline covers expanding the building and installing laser cutting equipment to provide new first-stage processing and fabrication capabilities for Friedman Industries’ flat-roll customers.

How will the new laser cutting equipment benefit Friedman Industries’ customers?

The new laser cutting equipment will provide first-stage processing for cut-to-length sheet. This lets customers obtain initial fabrication directly from a service center co-located at the mill source, potentially improving efficiency and reducing material handling steps across their supply chains.

Why is Friedman Industries expanding its Sinton, Texas operations?

Friedman Industries is expanding Sinton operations to address customers’ evolving processing needs and deepen its relationship with Steel Dynamics. Management expects the added fabrication capabilities to create a strategic supply solution, capture more value-added services, and strengthen overall margins and customer relationships.

What businesses and segments does Friedman Industries (FRD) operate?

Friedman Industries operates two segments: flat-roll products and tubular products. Flat-roll facilities are in multiple states including Texas and process carbon steel, stainless and aluminum, while the tubular segment manufactures electric resistance welded pipe and distributes through its Texas Tubular Products division.

Is the Sinton facility expansion information considered filed financial data?

The expansion details were furnished under Regulation FD in an 8-K, not filed as part of financial statements. The company states Item 7.01 information, including the press release, is not deemed filed under Section 18 of the Exchange Act unless specifically incorporated elsewhere.

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122.61M
6.67M
Steel
Steel Works, Blast Furnaces & Rolling & Finishing Mills
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United States
LONGVIEW