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Friedman Industries, Incorporated yagura ubucuruzi hamwe no kugura Plateplus, Inc.

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LONGVIEW, TX, 2 Gicurasi 2022 (GLOBE NEWSWIRE) - Friedman Industries, Incorporated (“Friedman”) (NYSE American: FRD), isosiyete ifite icyicaro gikuru cya Texas ibinyujije muri Texas Division Tubular Products, ikora imirimo yo gutunganya no gukwirakwiza ibyuma, kandi Uruganda rukora imiyoboro ya Pipe rwatangaje uyu munsi ko ruguze imitungo ibiri ihebuje iherereye muri Plateplus, Inc. Usibye ikigo cyaguzwe, Friedman yaguze ibyuma kandi ashyiraho umubano wabakiriya ahandi hantu habiri Plateplus. Impande zombi zashyize umukono ku masezerano y’ubucuruzi ku ya 26 Mata 2022, ubwo bucuruzi butangira gukurikizwa guhera igihe cyo gusoza ku ya 30 Mata 2022.
Friedman yaguze umutungo utimukanwa, inyubako, ibikoresho, ibarura, n’indi mitungo mu bucuruzi bwa Plateplus mu burasirazuba bwa Chicago, Indiana, na Granite City, Illinois. Byongeye kandi, Friedman afite uburyo bwo kubara ibyuma nubusabane bwabakiriya ku ruganda rwa Plateplus i Loudoun, Tennessee na Houston, Texas. Ubucuruzi bwakorewe ku biro bya Plateplus i Loudon na Houston buzimukira mu bigo bya Friedman i Decatur, Alabama na Sinton, muri Texas, bitange umusaruro uhita kandi usobanutse kandi uhuze ibiciro.
Yakomeje agira ati: "Mu myaka mike ishize, twashyize ingufu mu kongera ubushobozi bwo gutunganya kugira ngo duhuze ibyifuzo by’abakiriya hafi ya byose, harimo n’umushinga mushya urambuye kuri Decatur, ikigo cya AL ndetse n’ikigo cyacu gishya i Sinton, TX, biteganijwe ko uzafungura mu mpera zuyu mwaka. , ”Mike Taylor, Perezida & Umuyobozi mukuru wa Friedman. Yakomeje agira ati: "Mu myaka mike ishize, twashyize ingufu mu kongera ubushobozi bwo gutunganya kugira ngo duhuze ibyifuzo by’abakiriya hafi ya byose, harimo n’umushinga mushya urambuye kuri Decatur, ikigo cya AL ndetse n’ikigo cyacu gishya i Sinton, TX, biteganijwe ko uzafungura mu mpera zuyu mwaka. , ”Mike Taylor, Perezida & Umuyobozi mukuru wa Friedman.Yakomeje agira ati: "Mu myaka mike ishize, twashoye ingamba mu buryo bunoze bwo gutunganya ibintu kugira ngo duhuze ibyo buri mukiriya akeneye, harimo n'umuyobozi mushya muri Decatur, ikigo cya Alabama ndetse n'ikigo cyacu gishya i Sinton, muri Texas, biteganijwe ko kizafungura mu mpera z'uyu mwaka. nk'uko byatangajwe na Mike Taylor, Perezida akaba n'Umuyobozi mukuru wa Friedman.Yakomeje agira ati: “Mu myaka mike ishize, twashoye ingamba zo kwagura ubushobozi bwacu bwo gukora kugira ngo duhuze ibyo buri mukiriya akeneye, harimo n'ibikoresho byacu i Decatur, Alabama ndetse n'ikigo cyacu gishya i Hinton, muri Texas, biteganijwe ko kizafungura mu mpera z'uyu mwaka. . “Mike Taylor, perezida akaba n'umuyobozi mukuru wa Friedman. Ati: “Ubu bucuruzi n'imbaraga zitunganya bitanga byongerera agaciro ingamba zishoramari mu gihe gito. Turimo duhindura uruganda rwacu hamwe nikoranabuhanga rigezweho hamwe na geografiya yagutse izadushoboza kuyobora hamwe nubuyobozi bunini bwibicuruzwa. Ihuriro rikorera abakiriya benshi. ” Ibi bijyana Friedman mu rwego rushya rw’ubuziranenge, kwiringirwa ndetse n’ubushobozi bwo gutanga ibicuruzwa byiza ku isoko kugira ngo dushobore guha serivisi abakiriya muri Amerika ya Ruguru neza. ”
Nkuko amasezerano abiteganya, Friedman yaguze umutungo kuri miliyoni 63.8 zamadorari n’amafaranga 516.041 Friedman yimigabane rusange. Umutungo utimukanwa wagize hafi miliyoni 18 z'amadolari y'ibiciro byo kugura, ahasigaye ni ububiko bw'ibyuma. Igiciro cyanyuma cyo kugura kizahindurwa kugirango kigaragaze ibarura ryanyuma hamwe n’ibyo wiyemeje. Friedman yateye inkunga ayo masezerano mu kwagura umurongo w'inguzanyo ushingiye ku mutungo watanzwe na JPMorgan uva kuri miliyoni 75 ugera kuri miliyoni 150. Nyuma yo gutera inkunga ayo masezerano, amafaranga Friedman yakoresheje ku nguzanyo yari miliyoni 72.5.
Ubucuruzi bwaguzwe butanga impapuro zikomeye kandi zaciwe-muburebure mubushobozi buri hagati ya 16 na santimetero 5/8 na santimetero 36 na santimetero 72. Ibikoresho bizakora nkigice cya Friedman Coil Products. Guhindura ibintu byitezwe kurenza inshuro ebyiri kugurisha buri mwaka. Mu mezi cumi n'abiri yarangiye ku ya 31 Werurwe 2022, igice cya coil Friedman cyagurishije toni 152.000. Muri icyo gihe cy'amezi cumi n'abiri, ingano yo kugurisha ubushobozi yaguzwe yari toni 163.000. Friedman yizera ko umusaruro ku kigo waguzwe ushobora kwagurwa. Muri icyo gihe cy'amezi 12, kugurisha mu gace ka Loudon na Houston byose hamwe byari toni 113.000. Friedman yizeye ko ashobora kohereza byinshi muri ibyo biti ku bimera bye muri Decatur na Hinton. Friedman yiteze ko amasezerano agira ingaruka zihuse kubisubizo byimikorere.
Ikigo cyaguzwe gitanga inzira nziza zitwara ibicuruzwa zituma Friedman ashyikirana neza nabakiriya mugihe gito cyo gutanga, bikaba biteganijwe ko bizamura abakiriya no guhangana kwa Friedman. Ni ngombwa kumenya ko ibibanza byose bya Friedman biri hejuru y’amazi cyangwa hafi yayo, kandi bitanu kuri bitandatu bishobora gukora gari ya moshi. Ibi bikoresho bifasha guhitamo gutanga, Friedman avuga ko ari ngombwa kugirango umuntu atsinde. Hamwe n'umutungo wa Plateplus, Friedman azaba afite isoko ry’abaguzi benshi bo muri Amerika ya Ruguru hamwe n’ibikorwa bikorerwa mu burasirazuba bwa Chicago, muri Leta ya Indiana; Umujyi wa Granite, Illinois; Hickman, muri Arkansas; Decatur, Alabama; Texas Inyenyeri Yonyine, Texas; na Hinton, muri Texas. .
Aya masezerano kandi ahuza imiyoboro yombi y’abakiriya n’abatanga imiyoboro, ifungura amahirwe mashya yo kuzamura ibicuruzwa ku bakiriya benshi no kunoza imikorere. Mu guhuza ibihingwa bya Granite City n’iburasirazuba bwa Chicago hamwe n’ibikorwa bisanzwe bya Friedman hamwe no kwimura ingano ziva mu bimera bya Plateplus i Loudoun na Houston ku bihingwa bya Friedman, Friedman yizeye kuzakora neza kandi neza. Imiterere mishya izagira ingaruka itaziguye ku nyungu. Friedman yiteze kandi ibyumba byinshi byunguka neza bivuye mubushobozi bwateganijwe.
Ubuyobozi bwa Friedman bumenyereye umutungo wa Plateplus waguzwe, abakiriya hamwe nabatanga ibyuma byingenzi. Igihe ikigo cyaguzwe cyari igice cya serivisi ishinzwe ibyuma bya Cargill, Taylor yari perezida w’ishami rishinzwe serivisi z’ibyuma bya Cargill.
Taylor yakomeje agira ati: "Nkorana cyane n'iyi mitungo n'itsinda ry'impano mu bigo bya Chicago na Granite City kandi nishimiye aba bakozi kuri Friedman." Ati: "Dutegereje kandi gukorana na nyir'ubu Plateplus, Metal One Corporation, izaba umunyamigabane ukomeye muri Friedman kandi ikazana ubumenyi bwayo mu ruganda rutanga ibyuma mu gihugu ndetse no mu mahanga."
Ibisobanuro birambuye kubyerekeye amasezerano murabisanga mu gice cyabashoramari kurubuga rwa Friedman.
Abajyanama ba Montrose babaye abajyanama mu by'imari kuri ubwo bucuruzi naho Norton Rose Fulbright akora nk'umujyanama mu by'amategeko muri Friedman Industries.
Ibyerekeranye na Friedman Industries, Inc. Friedman Industries Inc. Umujyi wa Granite, Illinois n'inyenyeri yonyine, Texas. Isosiyete ifite ibice bibiri byavuzwe: Ibicuruzwa bya Coil nibicuruzwa bya Tube. Igice cya Coil Products kirimo ibikoresho byikigo muri Hickman, Decatur, Chicago ya East na Granite City, aho isosiyete itunganya ibiceri bishyushye. Ibimera byo muri Hickman, Chicago yi burasirazuba na Granite City bikora urusyo rukomera n'imirongo igabanya uburebure. Uruganda rwa Decatur rufite coupler yo guca kumurongo. Isosiyete irimo kubaka izindi paki i Hinton, muri Texas, biteganijwe ko izatangira gukora muri Kanama 2022.
Iri tangazo rigenewe abanyamakuru rikubiyemo amagambo areba imbere mu bisobanuro by'ingingo ya 27A y'itegeko rigenga amasoko n'ingingo ya 21E y'itegeko ry'ivunjisha ririmo ingaruka no kutamenya neza. Amagambo areba imbere arimo mbere, nyuma cyangwa arimo "ubushake", "guteganya", "gushaka", "gutegereza", "kwizera", "umushinga", "guhanura", "gusaba", "gahunda", "kugereranya", "Shyiramo" hamwe nijambo risa, harimo, nk'urugero, ibyatangajwe ku ngamba zacu z'ubucuruzi, inganda zacu, inyungu zacu z'ejo hazaza, kuzamuka kw'inganda dukorera, ibyo dutegereje, imyizerere yacu, gahunda, ingamba, intego, ibyifuzo n'ibitekerezo, ejo hazaza imbaraga, ibikorwa byo gukingira ejo hazaza, biteganijwe gufungura ikigo cyacu cya Sinton, igihe cyo kurangiza inzibacyuho kuva mubikorwa bya Plateplus muri Loudon na Houston kugera kubikorwa bya Friedman muri Decatur na Sinton, ingaruka zubu bucuruzi kubicuruzwa bizaza, ubwiza bwibicuruzwa, na ibigereranyo n'ibiteganijwe ku bijyanye n'imikorere iri imbere n'ibigezweho mu nganda za peteroli na gaze Aya magambo areba imbere ashobora kuba arimo, ariko ntabwo agarukira gusa ku mpinduka zizaza mu miterere y’imari y’isosiyete cyangwa ibisubizo by’ibikorwa, ubushobozi bw’umusaruro uzaza, ibicuruzwa byiza na gahunda yo kwagura . Imbere-kureba imbere, yaba umunwa cyangwa inyandiko, harimo ariko ntibigarukira gusa kuri iri tangazo.
Imbere-kureba imbere ntabwo ari garanti y ibisubizo bizaza. Aya magambo ashingiye kubyo abayobozi bategerejweho kandi birashobora guhura nibibazo byinshi byubucuruzi nibidashidikanywaho, kimwe muricyo cyose gishobora gutuma ibisubizo nyabyo bitandukana mubintu bitandukanye nibyagaragajwe cyangwa byerekanwe mubitekerezo byavuzwe imbere. Nubwo amagambo areba imbere yerekana imyizerere yacu ya none, ntagomba gushingirwaho kuko arimo ingaruka zizwi kandi zitazwi, kutamenya neza nibindi bintu bishobora gutuma ibisubizo byacu, ibisubizo cyangwa ibyo twagezeho bitandukana nibyateganijwe kubijyanye nibisubizo bizaza. , ibisubizo cyangwa ibyagezweho. ibyagezweho byerekanwe cyangwa byerekanwe naya magambo-areba imbere aratandukanye kubintu. Ibisubizo nyabyo nibizagerwaho birashobora gutandukana mubintu bitewe nibintu byinshi, harimo, ariko ntibigarukira gusa, ihinduka ryibisabwa nibiciro byibicuruzwa byisosiyete, ingaruka zikomeje kwibasirwa nicyorezo cya COVID-19, impinduka muri politiki yicyuma cya leta, impinduka muri ibyuma, n'impinduka mubisabwa muri rusange kubicuruzwa byibyuma nitsinzi ryisosiyete muguhuza gahunda zayo zimbere, harimo ibiciro, igihe no gutangiza neza imigozi mishya, imirongo igorora Sinton, impinduka no kuboneka kwibikoresho fatizo, ubushobozi bwacu bwo guhaza ibyifuzo cyangwa kwishyura inshingano zimwe na zimwe ziteganijwe mu masezerano yo gutanga hano, zidateganya gufunga ibikoresho byacu byo gukora kubera kunanirwa ibikoresho cyangwa ibindi bibazo, ibisubizo byibikorwa byacu byo gukingira, kongera amarushanwa avuye mubindi bikoresho, hamwe ningaruka zijyanye no kongera udushya, ikoranabuhanga rishya, ibicuruzwa nibisabwa n'abaguzi . Kubwibyo, kwishingikiriza bidakwiye ntibigomba gushyirwa kumagambo yacu areba imbere. Izi ngaruka n’ibidashidikanywaho nazo zaganiriweho n’ubuyobozi bwacu mugihe tuganira kandi tugasesengura uko ubukungu bwifashe n’ibisubizo by’ibikorwa, ndetse no mu bindi bice by’isosiyete yashyikirije komisiyo ishinzwe kugurizanya no kugurizanya muri Amerika (“SEC”) hakurikijwe itegeko ry’imigabane ya 1933, nk'uko ryavuguruwe. n'Itegeko ryo kuvunja impapuro zo mu 1934, nk'uko ryavuguruwe (“Itegeko ryo Kuvunja”), harimo kugaruka kwa buri mwaka kw'isosiyete ku Ifishi ya 10-K hamwe n'ibindi bihembwe buri gihe ku Ifishi 10-Q. Ntabwo dushinzwe kuvugurura kumugaragaro cyangwa kuvugurura ibyatangajwe imbere, haba nkibisubizo byamakuru mashya, ibizaza, impinduka mubihe cyangwa ukundi, keretse nkuko amategeko abiteganya.
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Igihe cyo kohereza: Ukwakira-24-2022