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  September 5, 2001
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Home > Company Index > Metals & Mining > Steel Production > Friedman Industries, Incorporated

Friedman Industries, Incorporated
AMEX: FRD
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 PROFILE
Friedman Industries rolls on with a heart of steel. The company buys hot-rolled steel coils, which it processes into sheets and plates for sale to steel distributors and to fabricators of products such as construction and transportation equipment, conveyors, farm machinery, and storage tanks. Friedman also buys, processes, makes, and markets tubular (pipe) products, and it processes selected third-party coils and tubulars. Coil processing accounts for 65% of sales, tubular operations for 35%. Friedman's top suppliers include Lone Star Steel and Nucor. The company has plants in Arkansas and Texas. It markets primarily to steel and pipe distributors and piling contractors in the US Midwest, Southeast, and Southwest.

 COMPETITION
Bethlehem Steel Corporation (BS)
The LTV Corporation (LTVCQ)
USX-U.S. Steel Group (X)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 120.40
1-Yr. Sales Growth: 0.1%
Employees: 155
Revenue per employee: $776,774.19

 KEY PEOPLE
• Jack Friedman
    CEO
• Benny B. Harper
    CFO

 CONTACT INFO
4001 Homestead Rd.
Houston, TX 77028
US
Phone: 713-672-9433
Fax: 713-672-7043
Online: Web Site

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