TX Holdings, Inc.

TX Holdings, Inc.

TXHG
TX Holdings, Inc.US flagOther OTC
0.04
USD
+0.00
- -
1.58MMarket 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
William L. Shrewsbury
Full Time Employees
4
Sector
Industrials
Industry
Industrial - Distribution
Address
12080 Virginia Boulevard Ashland KY United States of America 41102
IPO Date
Jun 20, 2002
Business
TX Holdings, Inc., now operating as TX Rail Products Inc., focuses on the provision and distribution of essential tools and materials for industrial sectors across the United States. The company supplies a diverse range of products, encompassing specialized drill bits and accompanying equipment vital for both hard and soft rock mining applications, along with various other mining consumables. Its offerings also extend to the rail industry, providing critical components such as tee rails for railway infrastructure, steel ties for track stabilization, switching mechanisms, and related accessories. These products are made available directly to operators in coal mining, short line railroads, and tunneling contractors, as well as through a network of independent sales agents who serve resellers. The company has demonstrated robust financial performance, reporting its fifth consecutive year of positive net income in fiscal year 2023, with substantial increases in revenue and net income. This period also saw the implementation of a common share buyback program, reflecting confidence in its financial standing and commitment to enhancing shareholder value. The strategic rebranding to TX Rail Products Inc. in April 2024 underscores its evolving focus on specialized rail solutions, while still leveraging its foundational expertise from the energy sector. Headquartered in Ashland, Kentucky, the entity was established in 2000.

Company News

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