Press Releases

RICHMOND, Va. , Jan. 04, 2019 (GLOBE NEWSWIRE) -- This press release corrects a prior version published on January 3, 2019 . This corrected press release includes the Reconciliation of Forecasted 2018 and 2019 Net Income to Adjusted EBITDA table at the bottom of the Press Release.

RICHMOND, Va. , Dec. 04, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL) today announced that its wholly-owned subsidiary, ASTI Acquisition, LLC , has signed a definitive agreement to acquire substantially all of the assets of American Stainless Tubing, Inc.

RICHMOND, Va. , Nov. 16, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation is pleased to announce that its Board of Directors has declared an annual dividend payment of $0.25 per share, payable on December 12, 2018 to holders of record on November 30 , 2018.  This represents a 92% increase over the

Sales and Earnings Continue to Exceed Forecasts RICHMOND, Va. , Nov. 06, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL), today announced net sales for the third quarter of 2018 of $77.8 million . This represents an increase of $23.2 million or 42% when compared to net sales for the

RICHMOND, Va. , Oct. 26, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) plans to announce its third quarter 2018 earnings results in a press release that will be issued before the market opens on Tuesday, November 6, 2018 . Following the earnings release, Synalloy will conduct a

RICHMOND, Va. , Sept. 04, 2018 (GLOBE NEWSWIRE) -- On the heels of being awarded the largest tubing order in its history, Synalloy is pleased to announce that its subsidiary Bristol Metals, LLC has recorded its single largest stainless-steel bookings month.  Bristol Metals booked over $21 million

RICHMOND, Va. , Aug. 17, 2018 (GLOBE NEWSWIRE) -- Synalloy is pleased to announce that its subsidiary Bristol Metals, LLC has been awarded an $8 million-dollar tubing order.  This is the single largest order of its type Bristol Metals has received since acquired by Synalloy .

RICHMOND, Va. , Aug. 13, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL), a growth oriented company that engages in a number of diverse business activities including the production of stainless steel pipe and tubing, galvanized pipe and tubing, fiberglass and steel storage tanks,

RICHMOND, Va. , Aug. 10, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) (“Synalloy”) announced today that it has filed a prospectus supplement under which it may issue and sell, from time to time, up to an aggregate of $10 million of its common stock (“Common Stock”) under an

RICHMOND, Va. , Aug. 07, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq: SYNL) today announced net sales for the second quarter of 2018 of $71.9 million . This represents an increase of $20.4 million or 39.6% when compared to net sales for the second quarter of 2017.

RICHMOND, Va. , July 30, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) plans to announce its second quarter 2018 earnings results in a press release that will be issued before the market opens on Tuesday, August 7, 2018 . Following the earnings release, Synalloy will conduct a

RICHMOND, Va. , July 02, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) today announced that its subsidiary Bristol Metals, LLC has closed on the purchase of Marcegaglia USA’s galvanized tube operations.  The purchase price for the transaction of $10.0 million includes primarily the

RICHMOND, Va. , June 11, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) is set to join the broad-market Russell 3000 Index at the conclusion of the Russell US indexes annual reconstitution, effective after the U.S. market opens on June 25, 2018 , according to a preliminary list of

RICHMOND, Va. , May 29, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) today announced its entrance into a purchase and sale agreement to purchase Marcegaglia’s real property in Munhall, PA for $10.0 million .  At or prior to closing, the Company intends to designate title to the

RICHMOND, Va. , May 03, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL), today announced net sales for the first quarter of 2018 of $58.5 million . This represents an increase of $16.3 million or 39% when compared to net sales for the first quarter of 2017.

RICHMOND, Va. , April 26, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL) plans to announce its first quarter 2018 earnings results in a press release that will be issued before the market opens on Thursday, May 3, 2018 . Following the earnings release, Synalloy will conduct a

RICHMOND, Va. , April 23, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL), is pleased to announce that its Specialty Chemicals Group has been selected by a global chemical company to manufacture a product line for the construction market.  The product will be produced at Synalloy’s CRI

RICHMOND, Va. , April 10, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL), today announced improved guidance for full year 2018 results, with expected net sales of between $240 and $245 million and net income of between $13.6 and $15.2 million , compared to previous guidance for net

RICHMOND, Va. , March 13, 2018 (GLOBE NEWSWIRE) -- Synalloy Corporation (Nasdaq:SYNL), today announced net sales for the fourth quarter of 2017 of $52.8 million . This represents an increase of $19.8 million or 60% when compared to net sales for the fourth quarter of 2016.