Reliance Steel & Aluminum Co.
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| Public company | |
| Traded as | : RS S&P 400 Component |
| Industry | Metals |
| Founded | 1939 |
| Founder | Thomas J. Neilan |
| Headquarters |
Two California Plaza Los Angeles, California, United States |
|
Key people
|
Mark V. Kaminski (Chairman) Gregg J. Mollins (CEO) |
| Products |
aluminum brass alloy copper carbon steel stainless steel titanium |
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Production output
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5.832 million tons (2016) |
| Revenue |
 US$8.613 billion (2016) |
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US$0.512 billion (2016) |
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US$0.309 billion (2016) |
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| Total assets |
 US$7.411 billion (2016) |
| Total equity |
US$4.148 billion (2016) |
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Number of employees
|
14,500 (2016) |
| Website | RSAC.com |
Reliance Steel and Aluminum Co. (RSAC) , is the largest metals service center operator in North America and is headquartered in Los Angeles, California. The company provides metals processing services and distributes a line of approximately 50,000 metal products, including aluminum, brass, alloy, copper, carbon steel, stainless steel, titanium, and specialty metal products to fabricators, manufacturers, and other end users.
The company is a member of the Fortune 500.
Principal Brand Names are Allegheny Steel & Distributors, Aluminum & Stainless, American Metals/Steel, AMI Metals, Best Manufacturing, Bralco, CCC Steel, Chapel Steel, Chatham Steel, Clayton Metals, Continental Alloys, CPS, Crest Steel, Delta Steel, Diamond Manufacturing, Durrett Sheppard, EMJ, Feralloy, Fox Metals, Infra-Metals Co., Liebovich, Metals USA, Metalweb, National Specialty Alloys, Northern Illinois Steel, Pacific Metal, PDM Steel, Phoenix Metals, Precision Flamecutting, Precision Strip, Reliance Metalcenter, Siskin Steel, Service Steel Aerospace, Sugar Steel, Sunbelt Steel, Toma Metals, Tube Service, Tubular Steel, Valex, Viking Materials, Yarde Metals
Reliance Steel & Aluminum Company was founded in Los Angeles on February 3, 1939 by Thomas J. Neilan. Originally named Reliance Steel Products Company, the business made and sold steel reinforcing bars (rebar) for the construction industry. In 1944, the name was shortened to Reliance Steel Company.
In 1948, Reliance Steel also began manufacturing products of aluminum and magnesium. As William T. Gimbel, Neilan's nephew who joined the company as a trainee in 1947, later told Metal Service News, "We started out (in 1939) with the dirty, old, down-in-the-gutter carbon steel, but that became a world commodity. So we decided that we wanted to upgrade into something that had a little bit more pizzazz, and we picked aluminum and magnesium."
Gimbel, who started as a warehouse man, succeeded Neilan in 1957 as president of the company, a year after its name was changed to Reliance Steel & Aluminum Company. Under Gimbel, Reliance began its long-running territorial expansion, naming a resident sales agent in Phoenix in 1958. Two years later, Reliance acquired a small Phoenix-based competitor, the Effron Steel Company. With the purchase of another competitor, the Westates Steel Company, in Santa Clara, Reliance Steel expanded into Northern California in 1961.
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Wikipedia