Reliance, Inc.
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Reliance, Inc. (Reliance), headquartered in
Scottsdale, Arizona Scottsdale is a city in eastern Maricopa County, Arizona, United States, and is part of the Phoenix metropolitan area. Named Scottsdale in 1894 after its founder Winfield Scott (chaplain), Winfield Scott, a retired Chaplain Corps (United States ...
, 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 Aluminium (or aluminum in North American English) is a chemical element; it has chemical symbol, symbol Al and atomic number 13. It has a density lower than that of other common metals, about one-third that of steel. Aluminium has ...
,
brass Brass is an alloy of copper and zinc, in proportions which can be varied to achieve different colours and mechanical, electrical, acoustic and chemical properties, but copper typically has the larger proportion, generally copper and zinc. I ...
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alloy An alloy is a mixture of chemical elements of which in most cases at least one is a metal, metallic element, although it is also sometimes used for mixtures of elements; herein only metallic alloys are described. Metallic alloys often have prop ...
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copper Copper is a chemical element; it has symbol Cu (from Latin ) and atomic number 29. It is a soft, malleable, and ductile metal with very high thermal and electrical conductivity. A freshly exposed surface of pure copper has a pinkish-orang ...
,
carbon steel Carbon steel is a steel with carbon content from about 0.05 up to 2.1 percent by weight. The definition of carbon steel from the American Iron and Steel Institute (AISI) states: * no minimum content is specified or required for chromium, cobalt ...
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stainless steel Stainless steel, also known as inox, corrosion-resistant steel (CRES), or rustless steel, is an iron-based alloy that contains chromium, making it resistant to rust and corrosion. Stainless steel's resistance to corrosion comes from its chromi ...
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titanium Titanium is a chemical element; it has symbol Ti and atomic number 22. Found in nature only as an oxide, it can be reduced to produce a lustrous transition metal with a silver color, low density, and high strength, resistant to corrosion in ...
, and specialty metal products to 125,000 customers such as fabricators and manufacturers. The company is ranked 247th on the
Fortune 500 The ''Fortune'' 500 is an annual list compiled and published by ''Fortune (magazine), Fortune'' magazine that ranks 500 of the largest United States Joint-stock company#Closely held corporations and publicly traded corporations, corporations by ...
. The company network includes over 75 brands, including Phoenix Metals, United Pipe & Steel, Allegheny Steel Distributors, Best Manufacturing, CCC Steel, Delta Steel, EMJ, Feralloy, Infra-Metals Co., KMS Fab LLC and KMS South, Liebovich, Metals USA, National Specialty Alloys, Pacific Metal, Reliance Metalcenter, Siskin Steel, Tube Service, Valex, and Yarde Metals.


History

The 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 Construction are processes involved in delivering buildings, infrastructure, industrial facilities, and associated activities through to the end of their life. It typically starts with planning, financing, and design that continues until the ...
. In 1944, the name was shortened to Reliance Steel Company. On September 14, 1994, the company became a
public company A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...
via an
initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investm ...
. Reliance Steel & Aluminum Co. changed the company name to Reliance, Inc. on February 15, 2024.


Acquisitions


References


External links

* {{DEFAULTSORT:Reliance Steel and Aluminum Co. Aluminum companies of the United States Companies based in St. Johns, Portland, Oregon Companies listed on the New York Stock Exchange Metal companies of the United States Manufacturing companies based in Los Angeles Manufacturing companies established in 1939 Steel companies of the United States 1939 establishments in California 1994 initial public offerings Companies in the S&P 400