Company Overview - Friedman Industries, Incorporated is a manufacturer and processor of steel products with operating plants in multiple locations including Hickman, Arkansas; Decatur, Alabama; East Chicago, Indiana; Granite City, Illinois; Sinton, Texas; and Lone Star, Texas [4] - The company has two reportable segments: flat-roll products and tubular products, with the flat-roll segment processing hot-rolled steel coils and the tubular segment manufacturing electric resistance welded pipe [4] Leadership Appointment - Gaurav Chhibbar has been appointed as the new Chief Operating Officer (COO) effective July 10, 2025, bringing a distinguished career in operations excellence, strategy, corporate finance, and M&A due diligence [1][2] - Michael Taylor, President and CEO, expressed confidence in Gaurav's leadership and strategic vision, which aligns with the company's future goals [3] Professional Background - Gaurav Chhibbar has extensive experience from roles at Boston Consulting Group, Metal Edge Partners, and Cargill, where he supported various sectors including financial sponsors and Fortune 100 firms [2] - He holds an MBA from The University of Chicago Booth School of Business and additional degrees in International Business and Engineering [3]