![]() Friedman Industries Friedman Industries, Inc. is a wholesale distributor of sheet and plate produced from hot-rolled steel coil. | ![]() Perma-Pipe Perma-Pipe International Holdings (formerly known as MFRI) is a company that engineers, designs, manufactures, and sells specialty piping and leak detection systems. | ||
Founding Date | Founding Date 1965 | Founding Date 1993 | Founding Date 1970 |
Type | Type Public | Type Public | Type Subsidiary |
Tags | |||
Locations | Locations Longview, US HQ Decatur, US Lone Star, US | Locations The Woodlands, US HQ Calgary, CA Al Shorouk, EG Mithi Rohar, IN Mumbai, IN Dubai, AE Lebanon, US see more | Locations Raymond, US HQ Yagoona, AU Vaughan, CA Beijing, CN Neuf Marché, FR Emmerich Am Rhein, DE Hong Kong, HK see more |
Employees | Employees 10417% increase | Employees 7508% decrease | Employees 1851% decrease |
Valuation ($) | Valuation ($) 97.6 m | Valuation ($) 103.6 m | Valuation ($) N/A |
Financial | |||
Revenue (est.) | Revenue (est.) $444.6m (FY, 2025) | Revenue (est.) $210.9m (FY, 2026) | Revenue (est.) £65.6m (FY, 2021) |
Cost of goods | Cost of goods $441.8m (FY, 2025) | Cost of goods $141.4m (FY, 2026) | Cost of goods £28.2m (FY, 2021) |
Gross profit | Gross profit $2.8m (FY, 2025) | Gross profit $69.5m (FY, 2026) | Gross profit £37.4m (FY, 2021) |
Net income | Net income $6.1m (FY, 2025) | Net income $20.6m (FY, 2026) | Net income £23m (FY, 2021) |

Perma-Pipe International Holdings (formerly known as MFRI) is a company that engineers, designs, manufactures, and sells specialty piping and leak detection systems.
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