Friedman Industries, Incorporated announced the acquisition of Century Metals and Supplies, Inc. The strategic move expands Friedman's reach into the southeastern U.S. and Latin American markets, enhancing its product offerings and processing capabilities. Century Metals, based in Miami, Florida, will operate as a wholly owned subsidiary of Friedman, maintaining its strong brand and experienced management team. The acquisition, which includes working capital, buildings, and equipment, is expected to be immediately accretive, with Century Metals having generated average annual revenues of approximately $111 million over the past three years.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Friedman Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9521377-en) on September 02, 2025, and is solely responsible for the information contained therein.
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