Longview

Friedman Industries, Incorporated Announces First Quarter Results

Retrieved on: 
Monday, August 23, 2021
Industry, Company, Result, Securities Exchange Act of 1934, Growth, Energy Independence and Security Act of 2007, Analysis, U.S. Securities and Exchange Commission, SEC, Policy, Government, SDI, Forgiveness, Forward-looking statement, Uncertainty, Securities Act of 1933, United States, Risk, News, Financial condition report, Steel, COVID-19, PPP, Natural gas, Oil, Security (finance)

Volume for the 2021 quarter benefitted from the new equipment at the Decatur facility being placed into service in March 2021.

Key Points: 
  • Volume for the 2021 quarter benefitted from the new equipment at the Decatur facility being placed into service in March 2021.
  • Operating results forthe 2021 quarter benefitted from a significant increase in steel prices and associated improvement in our margins.
  • Tubular product segment sales for the 2021 quarter totaled $13,221,709compared to $8,091,816for the 2020 quarter.
  • The Company expects margins to remain strong for its second quarter ending September 30, 2021 and expects improvement in operating results compared to the first quarter.

Weyerhaeuser Appoints Travis Keatley as Senior Vice President of Timberlands

Retrieved on: 
Wednesday, August 18, 2021
Private Securities Litigation Reform Act, University, Securities Exchange Act of 1934, Keatley, Weyerhaeuser, Securities Act of 1933, Acquisition, Longview, Business, Leadership, OPX, New, Stockfish, Stanford Graduate School of Business, Forward-looking statement, NYSE, Trust, Dow Jones, News, Compliance, Washington State University, University of Idaho Arboretum and Botanical Garden, Culture, Retirement, Management

SEATTLE, Aug. 18, 2021 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the appointment of Travis Keatley as senior vice president of Timberlands, effective September 13, 2021.

Key Points: 
  • SEATTLE, Aug. 18, 2021 /PRNewswire/ -- Weyerhaeuser Company (NYSE: WY) today announced the appointment of Travis Keatley as senior vice president of Timberlands, effective September 13, 2021.
  • "In his more than 20 years with the company, Travis has gained extensive operational experience across our Timberlands business," said Devin W. Stockfish, president and chief executive officer.
  • "This is an incredible honor, and I'm thrilled for the opportunity to lead our Timberlands organization," Keatley said.
  • Travis Keatley joined Weyerhaeuser in 2000 in our Western Timberlands organization.

De Havilland workers continue strike action at Downsview

Retrieved on: 
Monday, August 2, 2021
North York, Downsview, De Havilland

TORONTO, Aug. 2, 2021 /CNW/ - More than 700 De Havilland workers at the Downsview plant remain on strike after the continued negotiations with the company failed to resolve the dispute.

Key Points: 
  • TORONTO, Aug. 2, 2021 /CNW/ - More than 700 De Havilland workers at the Downsview plant remain on strike after the continued negotiations with the company failed to resolve the dispute.
  • "We now have the unfortunate situation where we have a tentative agreement with Bombardier and a strike at De Havilland," added Dias.
  • We cannot allow hundreds of highly-skilled aerospace workers in Ontario who built these aircraft for generations, to be left behind."
  • "No one, not even a billionaire heiress from the Thompson family, has the right to violate the commitments made to Downsview workers," added Dias.

Oregon’s Longview Ranch and the Forest’s Carbon Rights

Retrieved on: 
Thursday, July 15, 2021
Agriculture, Natural Resources, Other Natural Resources, Environment, Longview metropolitan area, Texas, Longview, Texas, Longview, Texas

Longview Ranch , located along Central Oregons historic Route 19 in Kimberly, maintains 30,000 stunning acres of diverse landscape and is committed to responsible and sustainable land-use practices.

Key Points: 
  • Longview Ranch , located along Central Oregons historic Route 19 in Kimberly, maintains 30,000 stunning acres of diverse landscape and is committed to responsible and sustainable land-use practices.
  • Today, Oregons Longview Ranch is working on a project to sell the carbon rights to its forest.
  • Longview Ranch is working with the American Carbon Registry and a company called BlueSource , the largest environmental projects developer in the U.S., to have this in place within the next 18 months.
  • Day in the Life at Longview Ranch Blog: https://www.dayinthelifeatlongviewranchoregon.com/blog/oregons-longview-...
    Located along Central Oregons historic Route 19 in Kimberly, Longview Ranch maintains 30,000 stunning acres of diverse landscape .

Friedman Industries, Incorporated Announces Fourth Quarter and Fiscal Year 2021 Results

Retrieved on: 
Wednesday, July 7, 2021

Sales volume decreased from approximately 152,000 tons in fiscal 2020 to approximately 130,500 tons in fiscal 2021.

Key Points: 
  • Sales volume decreased from approximately 152,000 tons in fiscal 2020 to approximately 130,500 tons in fiscal 2021.
  • The average selling price of coil segment shipments increased from approximately $651 per ton in fiscal 2020 to approximately $722 per ton in fiscal 2021.
  • Tubular segment sales for fiscal 2021 totaled $30,837,978 compared to $42,339,432 for fiscal 2020.
  • The Company continued to see margin strength throughout its fiscal 2022 first quarter ended June 30, 2021 with hot-rolled steel prices rising approximately 30%, and expects results for the first quarter to be slightly better than its fourth quarter fiscal 2021 results.

Forest Health Is of the Utmost Importance at Oregon’s Longview Ranch

Retrieved on: 
Wednesday, June 30, 2021
Agriculture, Natural Resources, Other Natural Resources, Environment, Longview, Texas, Longview, Texas

Each year, Oregons Longview Ranch continues to invest in the 9,500 acres of forest that has been entrusted to them.

Key Points: 
  • Each year, Oregons Longview Ranch continues to invest in the 9,500 acres of forest that has been entrusted to them.
  • This Summer, Oregons Longview Ranch will be going through an additional 400 acres of timber in order to create the most healthy forest possible.
  • Although the cost to do this is significant, Oregons Longview Ranch is committed to responsible and sustainable land-use practices and feel it is worth it for the health of the forest.
  • Day in the Life at Longview Ranch Blog: https://www.dayinthelifeatlongviewranchoregon.com/blog/forest-health-is-...
    Located along Central Oregons historic Route 19 in Kimberly, Longview Ranch maintains 30,000 stunning acres of diverse landscape .

FRIEDMAN INDUSTRIES, INCORPORATED ANNOUNCES CASH DIVIDEND

Retrieved on: 
Monday, June 28, 2021
Dividends, Financial markets, Corporate finance, Finance, Stock market, Shareholders, Equity securities, Share, Dividend future, Dividend cover

LONGVIEW, Texas, June 28, 2021 (GLOBE NEWSWIRE) -- The Board of Directors (the Board) of Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on June 28, 2021, a cash dividend of $0.02 per share on the Common Stock of the Company.

Key Points: 
  • LONGVIEW, Texas, June 28, 2021 (GLOBE NEWSWIRE) -- The Board of Directors (the Board) of Friedman Industries, Incorporated, a Texas-based company engaged in pipe manufacturing, steel processing and steel and pipe distribution, declared on June 28, 2021, a cash dividend of $0.02 per share on the Common Stock of the Company.
  • The Company will pay the cash dividend on August 6, 2021 to shareholders of record at the close of business on July 16, 2021.
  • This dividend marks the Companys 198th consecutive quarterly cash dividend with the Company having paid a cash dividend every quarter since becoming publicly traded in 1972.
  • The determination to pay cash dividends takes into account various factors, including our financial condition, operating results, current and anticipated cash needs and growth plans.

David Curtis to Retire as Executive Chairman of Longview Aviation Capital

Retrieved on: 
Wednesday, June 16, 2021
de Havilland Canada, Viking Air, Aircraft manufacturers, De Havilland, Longview, Aviation, Aircraft

SIDNEY, BC, June 16, 2021 /CNW/ - Longview Aviation Capital Corp., manager of a portfolio of long-term investments in the Canadian aerospace industry including De Havilland Aircraft of Canada and Viking Air Ltd., today announced that David Curtis will be retiring as Executive Chairman, effective August 1, 2021.

Key Points: 
  • SIDNEY, BC, June 16, 2021 /CNW/ - Longview Aviation Capital Corp., manager of a portfolio of long-term investments in the Canadian aerospace industry including De Havilland Aircraft of Canada and Viking Air Ltd., today announced that David Curtis will be retiring as Executive Chairman, effective August 1, 2021.
  • "Dave has been the leader of a great Canadian success story, and leaves behind an amazing legacy in the global aerospace industry," said Bill Sheffield, speaking on behalf of the Board of Directors of Longview Aviation Capital.
  • An international search is underway for a new Chief Executive Officer for the combined aviation enterprise.
  • About Longview Aviation Capital Corp.
    Longview Aviation Capital Corp. was established in 2016 to manage a portfolio of long-term investments in the Canadian aerospace industry, including De Havilland Aircraft of Canada Limited; Viking Air Ltd.; Pacific Sky Aviation Ltd; Longview Aviation Asset Management Inc; and Longview Aviation Services.

Oregon’s Longview Ranch Works to Conserve Water and Lessen Erosion

Retrieved on: 
Tuesday, June 1, 2021
Environment, Commercial Building & Real Estate, Construction & Property, Food, Beverage, Retail, Destinations, Agriculture, Travel, Natural Resources, Longview metropolitan area, Texas, Longview, Texas, Longview, Texas

Longview Ranch , located along Central Oregons historic Route 19 in Kimberly, maintains 30,000 stunning acres of diverse landscape .

Key Points: 
  • Longview Ranch , located along Central Oregons historic Route 19 in Kimberly, maintains 30,000 stunning acres of diverse landscape .
  • Longview Ranch produces 2,000 tons of hay a year and sells between 600-800 tons of hay depending on the year.
  • These sprinklers, while more expensive, conserve water and erosion in the long-term, which is important to Longview Ranch .
  • Day in the Life at Longview Ranch Blog: https://www.dayinthelifeatlongviewranchoregon.com/blog/oregons-longview-...
    Located along Central Oregons historic Route 19 in Kimberly, Longview Ranch maintains 30,000 stunning acres of diverse landscape .

Friedman Industries Provides Fourth Quarter Earnings Guidance and Announces New Sinton Facility

Retrieved on: 
Tuesday, May 25, 2021
Sinton, Texas, Steel Dynamics, Sinton, SDI, Cities in the United States, Geography of Texas

Friedman Industries announced guidance for its fourth quarter ending March 31, 2021, and expects to issue audited results in late June.

Key Points: 
  • Friedman Industries announced guidance for its fourth quarter ending March 31, 2021, and expects to issue audited results in late June.
  • The Company expects fourth quarter net earnings to be in the range of $9.5 million to $10.5 million, making it the most profitable quarter in Company history.
  • Steel Dynamics, Inc. (SDI) has invited Friedman Industries to locate the new facility on the campus of its new flat roll steel mill currently under construction in Sinton, Texas.
  • Friedman Industries Sinton location will consist of an approximately 70,000 square foot building located on approximately 25 acres leased from SDI under a 99-year agreement.