Reliance Steel completes acquisition of Clayton Metal

Thursday, 05 July 2007 15:03:26 (GMT+3)   |  

Reliance Steel & Aluminum Co. today announced the completion of its purchase of the outstanding capital stock of Clayton Metals Inc., headquartered in Wood Dale, Illinois. Terms were not disclosed.

 "The addition of Clayton Metals to our Reliance family provides further diversification of our business that brings new products and customers in important geographic areas. Clayton Metals has an excellent management team in place and we look forward to their continued growth and success," said David H. Hannah, CEO of Reliance.

Clayton Metals specializes primarily in the processing and distribution of aluminum, stainless steel and red metal flat rolled products. 

Reliance Steel & Aluminum Co., headquartered in Los Angeles, California, is one of the largest metals service center companies in the United States.


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