Reliance Steel & Aluminum to Buy Industrial Metals and Surplus
Reliance Steel & Aluminum Co., Los Angeles, CA, has agreed to buy Industrial Metals and Surplus, Inc., a metals service center headquartered in Atlanta, GA, and a related company, Athens Steel, Inc. Athens, GA.
Industrial Metals was founded in 1978 and specializes in the processing and distribution of carbon steel structurals, flat-rolled and ornamental iron products. Industrial Metals id=bwanpa0>' net sales for the 2005 fiscal year were $72 million.
Reliance Steel & Aluminum Co. is a group of metals service center companies in the U.S. Through a network of more than 160 locations in 37 states and Belgium, Canada, China and South Korea, the company provides value-added metals processing services and distributes ...