On May 5, 2020, Synalloy Corporation (\”the Company\”) issued a press release announcing financial information for its first quarter>ended March 31, 2020. The press release is attached as Exhibit 99.1 to this Form 8-K and is furnished to, but not filed with, the Commission.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits

Please see Exhibit 99.1 for Registrant\’s 2020 first quarter earnings release.

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SYNALLOY CORP Exhibit
EX-99.1 2 synl-20200331xex991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Synalloy Reports First Quarter 2020 ResultsContinues to see benefits of proactive cost cuttingSpecialty Chemicals Segment net sales increase on higher demand for more value added contract manufactured productsBacklog and order activity in Metals and Specialty Chemicals Segments remain encouragingRichmond,…
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About SYNALLOY CORPORATION (NASDAQ:SYNL)

Synalloy Corporation is a chemical manufacturing company. The Company operates through two segments: the Metals Segment and the Specialty Chemicals Segment. The Company’s Metals Segment comprises three subsidiaries: Synalloy Metals, Inc., which owns Bristol Metals, LLC (BRISMET), located in Bristol, Tennessee; Palmer of Texas Tanks, Inc. (Palmer), located in Andrews, Texas; and Specialty Pipe & Tube, Inc. (Specialty), located in Mineral Ridge, Ohio and Houston, Texas. The Company’s Metals Segment manufactures stainless steel, other alloy pipe, storage solutions and separation equipment. The Company’s Specialty Chemicals segment consists of the Company’s subsidiary, Manufacturers Soap and Chemical Company (MS&C). The Specialty Chemicals Segment manufactures lubricants, surfactants, reaction intermediaries, sulfated fats and oils, and chemical tolling manufacturing resources.