Did the company announce any strategic initiatives, capital expenditures, or M&A activity that could affect its long‑term growth prospects?

Based on the excerpt you provided from the Friedman Industries, Incorporated (NASDAQ: FRD) press‑release dated August 7 2025, the company’s announcement is limited to reporting its quarterly results for the quarter ended June 30 2025. The summary does not mention any of the following:

• Strategic initiatives (e.g., new product lines, market‑entry plans, partnerships, or other strategic programs)
  
• Capital‑expenditure plans (such as new factories, equipment purchases, or large‑scale infrastructure investments)
  
• M&A activity (acquisitions, disposals, joint ventures, or any other transaction that would alter the company’s balance sheet or operations)

Because the release does not contain any reference to these items, there is no information in the provided news that indicates Friedman Industries has announced any new strategic initiatives, capital‑expenditure projects, or merger‑and‑acquisition activity that could impact its long‑term growth prospects.

Bottom line: The press release as provided does not contain any statements about strategic initiatives, capital expenditures, or M&A activity that would affect the company’s long‑term growth outlook. If you need a more detailed assessment of the company’s future prospects, you would need to consult the full earnings release or any supplemental investor‑relations materials that may contain that information.