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.
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Forward-Looking Statements
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