Friedman Industries appoints Board member Mike Taylor as new Chairman of its Board of Directors

– USA, TX – Friedman Industries, Incorporated (NYSE:FRD) appointed Michael J. Taylor as Chairman of the Board. Mr. Taylor, age 58, was elected to the Board in December 2016. Mr. Taylor retired in 2014 from a 33 year career in the steel industry. Most recently, Mr. Taylor served as President of Cargill Metals Supply Chain from 2003 to 2014. Mr. Taylor’s extensive knowledge of the steel industry will be a vital asset in this leadership role. Additionally, the appointment of an independent Chairman reflects the Company’s commitment to sound corporate governance.

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