$SYNL News

Last published 4y ago

4y agoSYNLSynalloy Reports Strong Second Quarter 2022 ResultsBusiness WireFifth Consecutive Quarter of Year-Over-Year Growth in Net Sales, Net Income, and Adjusted EBITDA Upcoming Rebrand to Ascent Industries Co. Better Aligns Go-to-Market Strategy with Long-Term Strategic Vision Synalloy Corporation (NASDAQ:SYNL) ("Syn
4y agoSYNLSynalloy Corporation Announces Rebrand to Ascent Industries Co.Business WireRebranding Better Aligns Company's Go-to-Market Strategy with its Upward Growth Trajectory and Reinvigorated Corporate Mission Company to Ring the Nasdaq Closing Bell in Celebration of the Rebrand on August 15, 2022 Synalloy Corporation (NASDAQ:SY
4y agoSYNLSynalloy Corporation Sets Second Quarter 2022 Earnings Conference Call for August 9, 2022, at 5:00 p.m. ETBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, will hold a conference call on Tuesday, August 9, 2022, at 5:00 p
4y agoSYNLSynalloy Executive Vice President Tim Lynch Elected to CPTI Board of DirectorsBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of industrial tubular products and specialty chemicals, is announcing its Executive Vice President of Synalloy Metals, Ti
4y agoSYNLSynalloy Reports Record First Quarter 2022 ResultsBusiness Wire2022 Starts Strong with Second Consecutive Quarter of Record Results for Net Sales, Net Income and Adjusted EBITDA Poised to Continue Executing on Strategic Priorities Throughout the Year Synalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Comp
4y agoSYNLSynalloy to Present at the Sidoti Virtual Conference on May 12, 2022Business WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, will be attending the Sidoti Virtual Conference being held May 11-12, 2022.
4y agoSYNLSynalloy Corporation Sets First Quarter 2022 Earnings Conference Call for May 10, 2022, at 5:00 p.m. ETBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, will hold a conference call on Tuesday, May 10, 2022, at 5:00 p.m. Eastern tim
4y agoSYNLSynalloy Reports Record Fourth Quarter and Full Year 2021 ResultsBusiness WireFinishes 2021 with Third Consecutive Quarter of Year-Over-Year Growth in Net Sales, Net Income and Adjusted EBITDA Full Year 2021 Results Achieved Highest Net Sales, Net Income and Adjusted EBITDA in Synalloy's History Strongly Positioned to Furth
4y agoSYNLSynalloy Corporation Sets Fourth Quarter and Full Year 2021 Earnings Conference Call for March 29, 2022, at 5:00 p.m. ETBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, will hold a conference call on Tuesday, March 29, 2022, at 5:00 p.m. Eastern t
4y agoSYNLSynalloy Solidifies Leadership Structure and Appoints New Independent Director to the BoardBusiness WireBen Rosenzweig Named as Executive Chairman; Chris Hutter Confirmed as President and CEO Aldo Mazzaferro Appointed as Independent Director, Brings Over Three Decades of Steel and Metals Industry Expertise Synalloy Corporation (NASDAQ:SYNL) ("Synall
4y agoSYNLSynalloy Announces Closing of Highly Successful $10 Million Rights OfferingBusiness Wire– Rights Offering Was Fully Subscribed – Synalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, today announced the closing an
4y agoSYNLSynalloy Announces Commencement of Rights OfferingBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, today announced that it has commenced its previously-announced rights offering
4y agoSYNLSynalloy Announces $10 Million Rights OfferingBusiness Wire– Rights Offering Will Be Available To All Shareholders Of Record On November 29, 2021 – – Oversubscription Privilege Available To Shareholders Who Fully Subscribe – – Insiders And Largest Shareholders Intend To Fully Subscribe And Exerc
4y agoSYNLSynalloy Appoints John Zuppo as Executive Vice President of Synalloy ChemicalsBusiness Wire– Former DanChem CEO with Over 20 Years of Industry Experience Will Lead the Company's Chemicals Segment to Accelerate Growth – Synalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and
5y agoSYNLSynalloy Reports Strong Third Quarter 2021 ResultsBusiness Wire- Sequential and Year-Over-Year Growth in Net Sales, Gross Profit, Net Income and Adjusted EBITDA - Synalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing
5y agoSYNLSynalloy Acquires Leading Specialty Chemicals Contract Manufacturer DanChemBusiness Wire– Acquisition Enhances Chemicals Management Team, Accelerates Product Development Capabilities, and Provides Entrance into New End-Markets and Applications – – Synalloy Chemicals is One of the Largest Specialty Chemical Contract Manufacturers i
5y agoSYNLSynalloy Appoints Aaron Tam as Chief Financial OfficerBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, has appointed Aaron Tam as chief financial officer, effective today. Mr. Ta
5y agoAROC AUTO AWRE BBCP+5010th Annual Gateway Conference to Virtually Showcase Leading Companies on September 8-9, 2021ACCESS NewswireExecutives from a Range of Industries to Present to 500+ Investors and Analysts NEWPORT BEACH, CA / ACCESSWIRE / August 24, 2021 / The Gateway Conference is back for its 10th year and will showcase leading public and private companies virtually on Septe
5y agoSYNLSynalloy Reports Strong Second Quarter 2021 ResultsBusiness Wire- Sequential and Year-Over-Year Growth in Net Sales, Gross Profit, Net Income and Adjusted EBITDA - Synalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing
5y agoSYNLSynalloy Corporation Sets Second Quarter 2021 Earnings Conference Call for August 9, 2021 at 5:00 p.m. ETBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, will hold a conference call on Monday, August 9, 2021 at 5:00 p.m. Eastern tim
5y agoSPRT SRT SYNLSynalloy Appoints Doug Tackett as Chief Legal OfficerBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, has appointed Doug Tackett as chief legal officer. In this role, Tackett will
5y agoSYNLSynalloy Appoints David Kuzy as Executive Vice President of Synalloy ChemicalsBusiness Wire- Chemicals Industry Executive Brings 30+ Years of Experience in Implementing Strategic Growth Initiatives and Employee-Focused Cultural Transformations - Synalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focuse
5y agoSYNLSynalloy Reports First Quarter 2021 ResultsBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, is reporting its results for the first quarter ended March 31, 2021. First
5y agoSYNLSynalloy Corp. to Host Earnings CallACCESS NewswireNEW YORK, NY / ACCESSWIRE / May 10, 2021 / Synalloy Corp. (NASDAQ:SYNL) will be discussing their earnings results in their 2021 First Quarter Earnings call to be held on May 10, 2021 at 5:00 PM Eastern Time. To listen to the event live or access a repla
5y agoSYNLSynalloy Corporation Sets First Quarter 2021 Earnings Conference Call for May 10, 2021 at 5:00 p.m. ETBusiness WireSynalloy Corporation (NASDAQ:SYNL) ("Synalloy" or the "Company"), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, will hold a conference call on Monday, May 10, 2021 at 5:00 p.m. Eastern time
5y agoSYNLSynalloy Appoints Tim Lynch as Executive Vice President of Synalloy MetalsBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, has appointed Tim Lynch as executive vice president to lead the Company’s metals segment, effective today. With this appointment, all of Synalloy’s metals subsidiaries will report directly to ...
5y agoSYNLSynalloy Reports Fourth Quarter and Full Year 2020 ResultsBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”), an industrials company focused on the production and distribution of piping, tubing and specialty chemicals, is reporting its results for the fourth quarter and full year ended December 31, 2020.
5y agoSYNLSynalloy Corporation Sets Fourth Quarter and Full Year 2020 Earnings Conference Call for March 9, 2021 at 5:00 p.m. ETBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”), an industrials company focused on the production and distribution of pipe, tube and specialty chemicals, will hold a conference call on Tuesday, March 9, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the fourth quarter and full year ended December 31, 2020. The results will be r ...
5y agoSYNLSynalloy Signs New Revolving Credit FacilityBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (NASDAQ:SYNL) (“Synalloy” or the “Company”) today announced that it has entered into a new, four-year revolving credit facility that provides up to $150 million of borrowing capacity.
6y agoSYNLSynalloy Reports Third Quarter 2020 ResultsBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL), today announced its results for the third quarter of 2020. Net sales for the third quarter of 2020 totaled $59.3 million. This represents a decrease of $14.4 million or 19.5% when compared to net sales for the third quarter of 2019. Net sales for the first nine months of 2020 were $200.1 million, a decrease of $37.1 million or 15 ...
6y agoSYNLSynalloy Announces Third Quarter Earnings Conference CallBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) plans to announce its third quarter 2020 earnings results in a press release that will be issued before the market opens on Monday, November 9, 2020. Following the earnings release, Synalloy will conduct a conference call and webcast at 9:00 AM EDT to discuss the earnings results. Interested parties may listen to this discussion b ...
6y agoSYNLSynalloy Announces Retirement of Craig Bram and Appointment of Chris Hutter as Interim CEOBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (NASDAQ: SYNL) today announced that Craig Bram will retire as President and Chief Executive Officer and as a member of the Synalloy’s Board of Directors, effective as of the filing of the Company third quarter Form 10-Q, currently expected to be on November 9, 2020.
6y agoSYNLSynalloy Reports Second Quarter 2020 ResultsBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL), today announced its results for the second quarter of 2020. On June 30, 2020, management and the Board of Directors committed to and approved a plan to pursue a sale and exit of its Palmer Tanks of Texas, Inc. business and is actively marketing the sale of the assets.
6y agoSYNLSynalloy Announces Second Quarter Earnings Conference CallBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) plans to announce its second quarter 2020 earnings results in a press release that will be issued before the market opens on Thursday, September 3, 2020. Following the earnings release, Synalloy will conduct a conference call and webcast at 9:00 AM EDT to discuss the earnings results. Interested parties may listen to this discussi ...
6y agoSYNLSynalloy Corporation Receives Nasdaq Notification of Non-Compliance Related to Previously Announced Delayed Filing of Quarterly Report on Form 10-QBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (the “Company”), announced today that, as expected, it received a standard notification letter dated August 20, 2020, from Nasdaq stating that, as a result of not having timely filed its quarterly report on Form 10-Q for the period ended June 30, 2020, the Company no longer complies with Nasdaq Listing Rule 5250(c)(1), which requi ...
6y agoSYNLPrivet Fund and UPG Enterprises Announce the Election of Three Nominees to Synalloy’s Board of Directors Based on Preliminary Meeting ResultsBusiness WireATLANTA & CHICAGO--(BUSINESS WIRE)--Privet Fund Management LLC (together with its affiliates, "Privet") and UPG Enterprises LLC (together with its affiliates, “UPG” and collectively with Privet, the "Stockholder Group" or “we” or “us”), which collectively own approximately 24.9% of the outstanding common stock of Synalloy Corporation (NASDAQ: SYNL) (“Synalloy” or the "Company"), today commented on ...
6y agoSYNLSynalloy Announces Preliminary Voting Results from 2020 Annual Meeting of ShareholdersBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today announced preliminary voting results from its 2020 Annual Meeting of Shareholders (the “Annual Meeting”), held Tuesday, June 30, 2020. Based on preliminary results, the Company expects that shareholders have voted to elect five incumbent directors and three directors nominated by two of Synalloy ...
6y agoSYNLPrivet Fund and UPG Enterprises Believe Synalloy’s Last-Minute Governance Maneuver Reinforces the Need for the Substantial Change Offered on the WHITE Proxy CardBusiness WireATLANTA & CHICAGO--(BUSINESS WIRE)--Privet Fund Management LLC (together with its affiliates, "Privet") and UPG Enterprises LLC (together with its affiliates, “UPG” and collectively with Privet, the "Stockholder Group" or “we” or “us”), which collectively own approximately 24.9% of the outstanding common stock of Synalloy Corporation (NASDAQ: SYNL) (“Synalloy” or the "Company"), today commented on ...
6y agoSYNLPrivet Fund and UPG Enterprises Issue Letter to Stockholders Reinforcing the Need to Reconstitute a Majority of the Board at Synalloy’s Annual MeetingBusiness WireATLANTA & CHICAGO--(BUSINESS WIRE)--Privet Fund Management LLC (together with its affiliates, "Privet") and UPG Enterprises LLC (together with its affiliates, “UPG” and collectively with Privet, the "Stockholder Group" or “we” or “us”), which collectively own approximately 24.9% of the outstanding common stock of Synalloy Corporation (NASDAQ: SYNL) (“Synalloy” or the "Company"), today issued the b ...
6y agoSYNLSynalloy Issues Letter to Shareholders Recommending Shareholders Vote on Synalloy’s BLUE Proxy CardBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--The Board of Directors (the “Board”) of Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today issued a letter to shareholders encouraging them to vote on the BLUE proxy card in advance of the 2020 Annual Meeting of Shareholders.
6y agoSYNLPrivet Fund and UPG Enterprises Clarify Synalloy’s Deliberately Misleading CommunicationsBusiness WireATLANTA & CHICAGO--(BUSINESS WIRE)--Privet Fund Management LLC (together with its affiliates, "Privet") and UPG Enterprises LLC (together with its affiliates, “UPG” and collectively with Privet, the "Stockholder Group" or “we” or “us”), which collectively own approximately 24.9% of the outstanding common stock of Synalloy Corporation (NASDAQ: SYNL) (“Synalloy” or the "Company"), today sought to ad ...
6y agoSYNLLeading Proxy Advisory Firm Glass Lewis Joins ISS in Recommending Synalloy Shareholders Vote on Synalloy’s BLUE Proxy CardBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today welcomed independent proxy advisory firm Glass, Lewis & Co. LLC’s (“Glass Lewis”) recommendation that Synalloy’s shareholders vote on Synalloy’s BLUE proxy card to support the election of five incumbent directors and three new directors selected by Privet Fund Management (“Privet”) and UPG Enter ...
6y agoSYNLLeading Proxy Advisory Firm ISS Recommends Synalloy Shareholders Vote on Management’s BLUE Proxy CardBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today announced that Institutional Shareholder Services Inc. (“ISS”) has changed its previous recommendation and is advising shareholders to vote on management’s BLUE proxy card for Synalloy’s five experienced director nominees, Craig Bram, Susan Gayner, Henry Guy, Jeff Kaczka and Amy Michtich during ...
6y agoSYNLSynalloy Announces Notice Of Change In Location Of The Annual Meeting To A Virtual-Only Meeting FormatBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy (Nasdaq: SYNL) (“Synalloy” or the “Company”), today issued a letter to shareholders to notify them that the location and format of the upcoming 2020 Annual Meeting of Shareholders (the “Annual Meeting”) has changed.
6y agoSYNLSynalloy Responds to Misleading Press Release from Privet and UPGBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today reiterated that it intends to cumulate votes for just five of its nominees at this year’s Annual Meeting of Shareholders, allowing three of the candidates nominated by Privet Fund Management LLC and UPG Enterprises LLC (“Privet” and “UPG,” and together, the “Dissident Group”) to be elected at th ...
6y agoSYNLPrivet Fund and UPG Enterprises Comment on Synalloy’s Eleventh Hour Entrenchment Maneuver to Deter Stockholders from Voting on the WHITE Proxy CardBusiness WireATLANTA & CHICAGO--(BUSINESS WIRE)--Privet Fund Management LLC (together with its affiliates, "Privet") and UPG Enterprises LLC (together with its affiliates, “UPG” and collectively with Privet, the "Stockholder Group" or “we” or “us”), which collectively own approximately 24.9% of the outstanding common stock of Synalloy Corporation (NASDAQ: SYNL) (“Synalloy” or the "Company"), today commented on ...
6y agoSYNLSynalloy Announces Commitment to Appointing Three Shareholder Representatives to the Board of DirectorsBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today announced that the Board of Directors (the “Board”) has committed to appointing three nominees of Privet Fund Management LLC (“Privet”) and UPG Enterprises LLC (“UPG”) to its Board following the 2020 Annual Meeting of Shareholders, regardless of the outcome of the shareholder vote.
6y agoSYNLSynalloy Issues Statement Responding to ISS ReportBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today commented on a June 16, 2020 report from Institutional Shareholder Services (“ISS”) concerning the upcoming 2020 Annual Meeting of Shareholders. Synalloy welcomes ISS’s acknowledgement of the Company’s outperformance and the benefits of maintaining a majority of the incumbent directors.
6y agoSYNLISS Recommends Synalloy Stockholders Vote for Change on Privet and UPG’s WHITE Proxy CardBusiness WireATLANTA & CHICAGO--(BUSINESS WIRE)--Privet Fund Management LLC (together with its affiliates, "Privet") and UPG Enterprises LLC (together with its affiliates, “UPG” and collectively with Privet, the "Stockholder Group" or “we” or “us”), which collectively own approximately 24.9% of the outstanding common stock of Synalloy Corporation (NASDAQ: SYNL) (“Synalloy” or the "Company"), today announced th ...
6y agoSYNLSynalloy’s Board Highlights Synalloy’s Strong Performance and Encourages Shareholders to Vote for the Incumbent DirectorsBusiness WireRICHMOND, Va.--(BUSINESS WIRE)--Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today issued a letter to shareholders highlighting three key reasons why the Company’s shareholders should back the incumbent directors at the 2020 Annual Meeting of Shareholders: