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Synalloy

Synalloy Corporation is a growth oriented company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, specialty chemicals and fabrication of stainless and carbon piping systems.

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Synalloy Reports 16% Adjusted EBITDA Gain for the First Quarter of 2015

29 Apr 2015 - Synalloy Corp., a growth-oriented company that engages in a number of diverse business activities including the production of stainless steel pipe, fiberglass and steel storage tanks, and specialty chemicals and the master distribution of seamless carbon pipe and tube, announced that the first quarter of 2015 produced net sales of $51,648,000, an increase of $1,852,000 or 4% when compared to net sales from continuing operations for the first quarter of 2014 of $49,796,000. For the first quarter of 2015 the Company recorded net income of $3,638,000, or $0.42 per share compared to net income from continuing operations of $2,249,000, or $0.26 per share for the same quarter in the prior year.

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