The 2020 Mid-Year Economic Update_long

Earle M. Jorgensen Company Posts 6.8% 3Q Sales Increase

Steel service center Earle M. Jorgensen Company had a 6.8% increase in revenues to $428.8 million in the third quarter ended Dec. 30, 2005. Profit for the third quarter was $18.2 million, compared with profit of $4.5 million for the same period in 2004.

For the nine months ended Dec. 30, 2005, revenues increased 11.5% to $1.2 billion from $1.15 billion for the same period last year. Profit for the first nine months was $59.6 million, an increase of 56.6% over the same period in 2005.

EMJ is a distributor of metal bar and tubular products in North America. It recently agreed to be acquired by Reliance Steel & Aluminum Co., Los Angeles, CA, for $934 million including assumption of $291 million in net debt. The transaction is expected to be completed in the second quarter of 2006.

Related Stories:
Steel Service Center Reliance Agrees to Buy Earle M. Jorgenson Company for $934M

About the Author
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

By subscribing, you are agreeing to MDM’s Privacy Policy.


articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events


articles left

This is your last free article

Subscribe to MDM Premium today and get:

  • Unlimited access to
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events



You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.