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.