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Schuff International, Inc. and its wholly owned subsidiaries are primarily steel fabrication and erection contractors with headquarters in Phoenix, Arizona and operations in Arizona, Nevada, Florida, Georgia, Texas, Kansas, California and Colorado.
They are a small, thinly traded company which appears significantly undervalued at 4.2x trailing earnings and .65x book value. I agree with boghead and dcrednek's analysis of the company below.
Recent news:
PHOENIX, AZ--(Marketwire - 01/11/10) - Schuff Steel Company, through its parent, Schuff International, Inc. (Pinksheets:SHFK - News), has qualified for a federal tax credit in the amount of $7,073,316 as part of the American Recovery and Reinvestment Act (They are big on renewable energy construction.)
STOCKTON, CA--(Marketwire - 12/07/09) - Schuff Steel Company, a wholly-owned subsidiary of Schuff International, Inc. (Pinksheets:SHFK - News), has completed an asset purchase for a steel fabrication plant and certain other assets from California-based Strocal, Inc.