Headquartered in Dallas, TX, Reddy Ice Holdings, Inc. (

Headquartered in Dallas, TX, Reddy Ice Holdings, Inc. (FRZ) is the largest manufacturer and distributor of packaged ice in the United States. The company sells its products primarily under the Reddy Ice® brand to approximately 82,000 consumer locations in 31 states and the District of Columbia.Management is attempting to grow the top line through an aggressive acquisition strategy. However, due to adverse weather conditions in 2007, management twice lowered guidance. In 2008, management lowered guidance after reporting earnings each and every quarter. In September 2008, the Board suspended payment of the quarterly cash dividend.In addition, the highly leveraged balance sheet, highly seasonal earnings, and the write-down of equity due to the impairment of assets are concerns. The stock is rated a Sell.Read the full analyst report on FRZ "FRZ" Free Stock Analysis: Buy? Sell? Hold?...

When you manufacture and distribute approximately 1.9 million tons of ice annually, you know you’re doing something right. That’s what Reddy Ice Holdings, Inc. does consistently and hopes to continue to do for a long time. Headquartered in Dallas, Texas, they are the largest manufacturer and distributor of packaged ice in the United States.

Reddy Ice Holdings Inc. employs over 2,000 employees year-round. They manufacture and distribute their products under the Reddy Ice brand name to 82,000 locations in 31 states, plus the District of Columbia. The company distributes their products to supermarket chains, mass merchants, convenience stores, wholesale ice and food distributors, commercial users, resorts and restaurants, agricultural buyers, and competitive producers and self-suppliers.

As part of the Processed and Packaged Goods industry, they trade on the NYSE. Their current market capitalization is $278.97M. Reddy Ice Holdings Inc. has 63 manufacturing plants and 59 distribution centers in the country. The

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