BNET Industries
Last Fiscal Year Sales:$271.7M
- Public
- US
Dow Jones Description
Bayou Steel Corporation owns and operates a steel minimill located on the Mississippi River in LaPlace, Louisiana, 35 miles northwest of New Orleans, Louisiana and a rolling mill in Harriman, Tennessee, 37 miles west of Knoxville.
CFO, Vice President, Treasurer & Secretary
Richard J. GonzalezNumber of Employees 524
Peer Companies
NAICS Code Iron and Steel Mills: 331111
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News & Analysis
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bayou steel corp. and company - All News and Analysis
Bayou Steel Corporation Announces Strong Results for Third Quarter Fiscal 2005
LAPLACE, La. -- Bayou Steel Corporation today reported its financial results for the third quarter (ending June 30, 2005) of fiscal 2005. The Company reported net income of $5.2 million or $2.59 per fully diluted share for the third quarter of fiscal 2005 and $14.5 million or $7.24 per...
Bayou Steel Corporation's Board of Directors Adopts Second Amendment to Stockholder Rights Plan
LAPLACE, La. -- Bayou Steel Corporation today announced that its Board of Directors has adopted a Second Amendment to the Company's Stockholder Rights Plan (the "Second Amendment"), effective March 8, 2005. The Second Amendment lowers the previous Right Plan's trigger threshold from 15% of the Company's outstanding common stock...
Bayou Steel Corporation's Board of Directors; Adopts Stockholder Rights Plan
Business Editors LAPLACE, La.--BUSINESS WIRE--May 27, 2004 Bayou Steel Corporation today announced that its Board of Directors approved a Stockholder Rights Plan and declared a dividend distribution of one Stock Purchase Right on each outstanding share of the Company's Common Stock. The Rights Plan is designed to...
Filing of Bayou Steel Corporation's Plan of Reorganization
Business Editors LAPLACE, La.--BUSINESS WIRE--Nov. 10, 2003 Bayou Steel Corporation President Jerry Pitts announced that Bayou Steel intends to file with the Bankruptcy Court its stand-alone plan of reorganization shortly. Mr. Pitts said he is hopeful that the Company will be able to emerge from Chapter 11 by...
Bayou Steel Corporation Files Voluntary Chapter 11 Petition; Operations to Continue as Usual
Business Editors LAPLACE, La.--BUSINESS WIRE--Jan. 23, 2003 Bayou Steel Corporation (AMEX:BYX) announced that it has filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the Northern District of Texas, Dallas Division on January 22, 2003. The filing is a vital component...
Bayou Steel Corporation Reports On Issues Involving Its 9 1/2% Senior Notes
Business/Energy Editors LAPLACE, La.--BUSINESS WIRE--Dec. 17, 2002 Bayou Steel Corporation (AMEX:BYX) today announced that it did not make its interest payment on its 9 1/2% Senior Notes on December 16, 2002. On November 15, 2002, as previously reported, the Company elected, in order to preserve liquidity, to take...
Bayou Steel Corporation to Utilize Interest Payment Grace Period
Business Editors LAPLACE, La.--BUSINESS WIRE--Nov. 15, 2002 Bayou Steel Corporation (AMEX:BYX) has announced that it will take advantage of the 30-day grace period allowed under its 9 1/2% Senior Note indenture regarding its interest payment due on November 15, 2002. The Company will later consider whether such payment...
Bayou Steel Corporation Reports Second Quarter Results
Business Editors LAPLACE, La.--BUSINESS WIRE--April 25, 2002 Bayou Steel Corporation (AMEX:BYX) reported a loss of $5.9 million on sales of $35.4 million for the second quarter of fiscal 2002. For the six months ended March 31, 2002, the Company reported a loss of $10.7 million on sales of...
Bayou Steel Corporation Reports Fiscal 2001 Results
Business Editors LaPLACE, La.--BUSINESS WIRE--Dec. 5, 2001 Bayou Steel Corporation (AMEX:BYX) reported a loss of $7.5 million on sales of $34.3 million for the fourth quarter of fiscal 2001. For the year ended September 30, 2001, the Company reported a loss of $34.1 million on sales of $140.4...
Bayou Steel Corporation Reports First Quarter Results
Business Editors LAPLACE, La.--BUSINESS WIRE--Feb. 5, 2002 Bayou Steel Corporation (AMEX:BYX) reported a loss of $4.8 million on sales of $29.8 million for its first quarter of fiscal 2002, a significant improvement from the first quarter of fiscal 2001 when the Company lost $8.7 million on sales of...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Richard J. Gonzalez | CFO, Vice President, Treasurer & Secretary |
| Alton Davis | Vice President, Operations |
| Rodger A. Malehorn | Vice President, Procurement & Mississippi River Recycling |
| Timothy White | Director, Quality Control |
| Brian Verrette | Manager, Risk |
| John Coniglio | Manager, Accounting |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Albert P. Lospinoso | Board of Directors |
| Robert W. Singer | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Bayou Steel Corporation | CFO, Vice President, Treasurer & Secretary | Current |
| Bayou Steel Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bayou Steel Corporation | Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Bayou Steel Corporation | Vice President, Procurement & Mississippi River Recycling | Current |
| Organization | Position | Status |
|---|---|---|
| Bayou Steel Corporation | Director, Quality Control | Current |
| Organization | Position | Status |
|---|---|---|
| Bayou Steel Corporation | Manager, Risk | Current |
| Organization | Position | Status |
|---|---|---|
| Bayou Steel Corporation | Manager, Accounting | Current |
| Organization | Position | Status |
|---|---|---|
| Bayou Steel Corporation | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Bayou Steel Corporation | Board of Directors | Current |
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