Synalloy Corporation

Synalloy Corporation

SYNL
Synalloy CorporationUS flagNASDAQ Global Market
15.57
USD
+2.29
- -
158.85MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
craig Bram
Full Time Employees
638
Sector
Basic Materials
Industry
Steel
Address
4510 Cox Rd Ste 201 Richmond VA United States of America 60523
IPO Date
Jan 16, 1952
Business
Ascent Industries Co. (Nasdaq: ACNT), formerly Synalloy Corporation, operates as a U.S.-based industrials company focused on the production and distribution of industrial tubular products and specialty chemicals; its current emphasis lies on specialty chemical solutions through custom manufacturing, toll processing, and proprietary products serving diverse sectors including household, industrial and institutional (HI&I), oil & gas, coatings, mining, water treatment, pulp & paper, and textiles. The company produces stainless steel, carbon steel, galvanized pipe and tube, seamless carbon tubular products, fiberglass and steel storage tanks, separation equipment, piping systems, and specialty chemicals such as surfactants, defoamers, lubricants, reaction intermediaries, sulfated fats and oils, dyes, and contract-manufactured intermediates sold to chemical distributors and formulators. It maintains manufacturing facilities across multiple states including Tennessee (Cleveland and Fountain Inn), South Carolina (Spartanburg), Texas, Arkansas, and Georgia, with operations targeting industries such as chemical, petrochemical, pulp and paper, mining, power generation, water and wastewater treatment, food processing, petroleum, and agriculture. Founded in 1945 and originally incorporated in South Carolina before reincorporating in Delaware in 1988, the company is headquartered at 20 North Martingale Road, Suite 430, Schaumburg, Illinois 60173. Key subsidiaries and business units include Manufacturers Chemicals LLC (acquired 1996, specializing in surfactants and additives), CRI Tolling LLC (acquired 2013, focused on tolling for colorants and chemicals), and DanChem Technologies LP (acquired October 2021 for $32.95 million, enhancing contract manufacturing with three plants and adding capabilities in new end-markets). In August 2022, Synalloy Corporation rebranded to Ascent Industries Co., changing its ticker from SYNL to ACNT and relocating investor relations to align with its growth strategy emphasizing efficiency, innovation, automation, and acquisitions of R&D-focused chemical firms; recent financial highlights include the strongest earnings since 2022 with gross profit nearly doubling year-over-year as of third quarter 2025 results.

Company News

APIChat
  • Synalloy Corporation (SYNL) CEO Chris Hutter on Q2 2022 Results - Earnings Call Transcript

  • Synalloy Reports Strong Second Quarter 2022 Results

  • Synalloy Corporation Sets Second Quarter 2022 Earnings Conference Call for August 9, 2022, at 5:00 p.m. ET

  • Synalloy Corporation (SYNL) CEO Chris Hutter on Q1 2022 Results - Earnings Call Transcript

  • Synalloy Corporation Sets First Quarter 2022 Earnings Conference Call for May 10, 2022, at 5:00 p.m. ET

  • Synalloy Corporation's (SYNL) CEO Chris Hutter on Q4 2021 Results - Earnings Call Transcript

  • Synalloy Reports Record Fourth Quarter and Full Year 2021 Results

  • Synalloy Corporation Sets Fourth Quarter and Full Year 2021 Earnings Conference Call for March 29, 2022, at 5:00 p.m. ET

  • Synalloy (SYNL): Q3 2021 Financial Results

  • Synalloy Corp (SYNL) CEO Christopher Hutter on Q3 2021 Results - Earnings Call Transcript

  • Synalloy Corporation Sets Third Quarter 2021 Earnings Conference Call for November 9, 2021, at 5:00 p.m. ET

  • Synalloy Corp (SYNL) CEO Christopher Hutter on Q2 2021 Results - Earnings Call Transcript

  • Synalloy Corporation Sets Second Quarter 2021 Earnings Conference Call for August 9, 2021 at 5:00 p.m. ET

  • Synalloy Corporation Sets Second Quarter 2021 Earnings Conference Call for August 9, 2021 at 5:00 p.m. ET

  • Synalloy: The Turnaround Is Taking Shape

  • Synalloy Corporation (SYNL) CEO Sally Cunningham on Q1 2021 Results - Earnings Call Transcript

  • Synalloy Corporation Sets First Quarter 2021 Earnings Conference Call for May 10, 2021 at 5:00 p.m. ET

  • INSERTING and REPLACING Synalloy Appoints Tim Lynch as Executive Vice President of Synalloy Metals

  • Synalloy Corporation (SYNL) Q4 2020 Results - Earnings Call Transcript

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