[WorldKings - Wowtimes - Almanac Events & Achievements 2023] Milestones of Reliance Steel and Aluminum Co. in 84 years of developing the metal processing and manufacturing industry (1939)

03-12-2023

(worldkings.org) Reliance Steel and Aluminum Co. (RSAC), headquartered in Scottsdale, Arizona, is the largest metals service center operator in North America.

The company provides metals processing services and distributes a line of approximately 100,000 metal products, including aluminum, brass, alloy, copper, carbon steel, stainless steel, titanium, and specialty metal products to 125,000 customers such as fabricators and manufacturers.

 

 

The company’s milestones:

1939: The company was founded in Los Angeles by Thomas J. Neilan. Originally named Reliance Steel Products Company, the business made and sold steel reinforcing bars (rebar) for the construction industry.

1944: The name was shortened to Reliance Steel Company.

1948: Reliance Steel also began manufacturing products of aluminum and magnesium.

1952: The company made its first acquisition. It purchased the Carthage Steel Strip, California. The addition of precision cutting equipment, at the time a very new technology. 

1963: Reliance continued its growth through acquisition by purchasing the Drake Steel Supply Co., which operated metals service centers in Fresno and San Diego, California.

 

 

1968: Reliance Steel had also established SupraCote, a coil-coating division, in Cucamonga, California.

1980: To manage its aluminum, magnesium, and stainless steel products, Reliance created a nonferrous metals division, Reliance Metalcenter. 

1986: Valex is added to the family roster, Reliance gains entry to the semiconductor industry. 

1997: The company operated more than three dozen metals service centers in 14 states, more than half of them in California.

2001: The company corporate headquarters moves from industrial Vernon downtown Los Angeles’ Bunker Hill financial district. 

2005: The company is named “Acquirer of Choice” by MSCI’s Forward Magazine.

 

 

2014: The company unveiled a new logo. 

2017: The company established Reliance Cares. The purpose of this employee assistance fund is to support members of its Family of Companies who are impacted federal natural disasters. 

2020: With an eye on the future and focus on innovation, the company launches its first e-commerce business, FastMetals, Inc. 

2022: Reliance Steel & Aluminum Co. is the winner of the Fastmarkets Global Award for Steel Excellence in the category of Service Center of the Year for 2022. 

According to en.wikipedia.org; rsac.com. Source of photos: internet 

 

Bee (Collect) - WORLDKINGS (Source of photos: Internet)

 

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