Reliance Steel & Aluminum Co. Acquires McKey Perforating Co., Inc.

Published February 2, 2012 | By admin

LOS ANGELES, Feb 01, 2012 (BUSINESS WIRE) –
Reliance Steel Aluminum Co.

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+2.50%

announced today that, through
its wholly-owned subsidiary Diamond Manufacturing Company, it has
completed the acquisition of McKey Perforating Co., Inc. headquartered
in New Berlin, Wisconsin and its subsidiary McKey Perforated Products
Co., Inc. located in Manchester, Tennessee. McKey was founded in 1867
and is a contract manufacturer that provides a full range of metal
perforating and fabrication services to customers located primarily in
the U.S. For the year 2011, McKey’s net sales were approximately $18
million. Jean McKey will continue in her role of President of McKey
Perforating. Details of the transaction were not disclosed.

“McKey is well-known for quality within the perforated metals industry
and will work closely with Diamond to further leverage their combined
expertise in that market. We look forward to further expanding our
presence within the perforated metal market, which is a high return and
value-added end market,” said David H. Hannah, Chairman and CEO of
Reliance.

Reliance Steel Aluminum Co., headquartered in Los Angeles, California,
is the largest metals service center company in North America. Through a
network of more than 200 locations in 38 states and Belgium, Canada,
China, Malaysia, Mexico, Singapore, South Korea, the U.A.E. and the
United Kingdom, the Company provides value-added metals processing
services and distributes a full line of over 100,000 metal products to
more than 125,000 customers in a broad range of industries.

Reliance Steel Aluminum Co.’s press releases and additional
information are available on the Company’s web site at
www.rsac.com .
The Company was named to the 2010 “Fortune 500″ List and the 2010 Fortune
List of “The World’s Most Admired Companies.”

This release may contain forward-looking statements. Actual results and
events may differ materially as a result of a variety of factors, many
of which are outside of Reliance Steel Aluminum Co.’s control. Risk
factors and additional information are included in Reliance Steel
Aluminum Co.’s reports on file with the Securities and Exchange
Commission, including Reliance Steel Aluminum Co.’s Annual Report on
Form 10-K for the year ended December 31, 2010 and Quarterly Report on
Form 10-Q for the quarters ended March 31, 2011, June 30, 2011 and
September 30, 2011.

SOURCE: Reliance Steel Aluminum Co.



        
        Reliance Steel  Aluminum Co. 
        Kim P. Feazle 
        Investor Relations 
        713-610-9937 
        213-576-2428 
        kfeazle@rsac.com 
        investor@rsac.com

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