Reliance Steel & Aluminum Co. (NYSE: RS), Los Angeles, CA, has agreed to purchase GH Metal Solutions, Inc., a processor and fabricator of carbon steel products in Fort Payne, AL, through its wholly-owned subsidiary Feralloy Corp. Terms were not disclosed.
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Founded in 1958, GH’s processing equipment includes flat-bed lasers, tube lasers, torches, shears, automatic band saws, CNC press brakes, coil-fed and hand-fed stampers and robotic and manual welders. Sales in 2011 were $44 million.
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