News releases from Synalloy Corporation

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Synalloy Corporation Sets Fourth Quarter and Full Year 2020 Earnings Conference Call for March 9, 2021 at 5:00 p.m. ET

February 23, 2021

Synalloy Corporation Sets Fourth Quarter and Full Year 2020 Earnings Conference Call for March 9, 2021 at 5:00 p.m. ET

Synalloy Signs New Revolving Credit Facility

January 19, 2021

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...

Synalloy Reports Third Quarter 2020 Results

November 09, 2020

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...

Synalloy Announces Third Quarter Earnings Conference Call

November 03, 2020

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...

Synalloy Announces Retirement of Craig Bram and Appointment of Chris Hutter as Interim CEO

October 27, 2020

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...

Synalloy Reports Second Quarter 2020 Results

September 03, 2020

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...

Synalloy Announces Second Quarter Earnings Conference Call

September 01, 2020

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...

Synalloy Corporation Receives Nasdaq Notification of Non-Compliance Related to Previously Announced Delayed Filing of Quarterly Report on Form 10-Q

August 26, 2020

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...

Synalloy Announces Preliminary Voting Results from 2020 Annual Meeting of Shareholders

June 30, 2020

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,...

Synalloy Issues Letter to Shareholders Recommending Shareholders Vote on Synalloy’s BLUE Proxy Card

June 24, 2020

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...

Leading Proxy Advisory Firm Glass Lewis Joins ISS in Recommending Synalloy Shareholders Vote on Synalloy’s BLUE Proxy Card

June 23, 2020

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...

Leading Proxy Advisory Firm ISS Recommends Synalloy Shareholders Vote on Management’s BLUE Proxy Card

June 22, 2020

Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today announced that Institutional Shareholder Services Inc. (“ISS”) has changed its previous recommendation and is advising...

Synalloy Responds to Misleading Press Release from Privet and UPG

June 19, 2020

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,...

Synalloy Announces Commitment to Appointing Three Shareholder Representatives to the Board of Directors

June 17, 2020

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...

Synalloy Issues Statement Responding to ISS Report

June 17, 2020

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...

Synalloy’s Board Highlights Synalloy’s Strong Performance and Encourages Shareholders to Vote for the Incumbent Directors

June 10, 2020

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...

Synalloy Troubled by Privet’s and UPG’s Patently False Claims Regarding Nominee Chris Hutter’s Biography and Misrepresentations in Privet’s and UPG’s Proxy Statement

June 09, 2020

Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today expressed its concern about false and materially misleading statements made by Privet Fund Management LLC and UPG Enterprises LLC...

Synalloy Issues Investor Presentation Highlighting Plan to Create Value for All Shareholders

June 04, 2020

Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today announced that it has filed a detailed investor presentation titled “Building Long-Term Value for Shareholders,” highlighting...

Synalloy Sends Letter to Shareholders Dismantling Dissident Group’s “Plan”

May 19, 2020

Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today issued a letter to shareholders unpacking the poorly-sourced hypotheticals outlined by Privet Fund Management LLC and UPG...

Synalloy Reports First Quarter 2020 Results

May 05, 2020

Synalloy Corporation (Nasdaq: SYNL), today announced net sales for the first quarter of 2020 of $74.7 million. This represents a decrease of $10.1 million or 11.9% when compared to net sales for the...

Synalloy Sends Letter to Shareholders Setting the Record Straight

April 30, 2020

Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today issued a letter to shareholders examining the lack of qualifications of the nominees that Privet Fund Management LLC (“Privet”)...

Synalloy Announces First Quarter Earnings Conference Call

April 27, 2020

Synalloy Corporation (Nasdaq:SYNL) plans to announce its first quarter 2020 earnings results in a press release that will be issued before the market opens on Tuesday, May 5, 2020. Following the...

Synalloy Files Definitive Proxy Statement and Sends Letter to Shareholders

April 15, 2020

The Board of Directors (the “Board”) of Synalloy Corporation (Nasdaq: SYNL) (“Synalloy” or the “Company”) today filed its definitive proxy statement and issued a letter to shareholders.

Synalloy Urges Shareholders to Discard any Proxy Materials from Privet Fund/UPG Enterprises

April 06, 2020

The Board of Directors (“the Board”) of Synalloy Corporation (NASDAQ: SYNL) (“Synalloy” or the “Company”) today reminded shareholders to take no action in response to Privet Fund Management LLC...

Synalloy Commits to Review of Strategic Alternatives After Market and Global Health Pandemic Stabilization

April 02, 2020

The Board of Directors (the “Board”) of Synalloy Corporation (Nasdaq: SYNL) (the “Company”) today announced its commitment to engage a leading independent financial advisor to conduct a comprehensive...

Synalloy’s First Quarter Metal Shipments and Bookings Up Over Last Year; Chemical Sales also Exceed Prior Year

April 02, 2020

Synalloy Corporation (Nasdaq: SYNL) announced today that first quarter shipments for the Metals Segment (excluding Palmer of Texas) were up 3.6% on a pounds basis over last year. Bookings and backlogs...

Synalloy Corporation Adopts Limited Duration Shareholder Rights Plan

April 01, 2020

Synalloy Corporation (“Synalloy” or the “Company”) announced today that its Board of Directors unanimously authorized the adoption of a limited duration shareholder rights plan. The rights will be...

Synalloy Confirms Receipt of Nomination Notice from Privet Fund and UPG Enterprises

March 24, 2020

Synalloy Corporation (NASDAQ: SYNL) (“Synalloy” or the “Company”) announced today that it received notice that Privet Fund Management LLC (“Privet”) and UPG Enterprises, LLC (“UPG”) intend to nominate...

Synalloy Reports Fourth Quarter 2019 Results

March 06, 2020

Synalloy Corporation (Nasdaq: SYNL), today announced net sales for the fourth quarter of 2019 of $67.9 million. This represents a decrease of $4.7 million or 6.5% when compared to net sales for the...

Synalloy Announces Fourth Quarter Earnings Conference Call

February 25, 2020

Synalloy Corporation (Nasdaq:SYNL) plans to announce its fourth quarter 2019 earnings results in a press release that will be issued before the market opens on Friday, March 6, 2020. Following the...

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