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Reliance Steel Aluminum
Reliance Steel Aluminum

Metals / Metals

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Overview
Reliance Steel & Aluminum Co. is a leading global metal solutions provider headquartered in Los Angeles, California. The company was founded in 1939 and has grown to become one of the largest metals service center companies in North America. Reliance offers a broad range of products and value-added processing and logistics services to customers in various industries, including aerospace, defense, energy, industrial, and transportation.
Reliance's global network of over 300 locations, including more than 100 in the United States, provides a wide range of metals processing capabilities, such as cutting, sawing, polishing, and heat treating. The company also has a diverse portfolio of owned and operated metal service centers, with more than 60 strategically located in high-growth markets around the world.
In addition to its metal service center operations, Reliance also operates complementary businesses, including Precision Strip, a precision steel processor; Sunbelt Steel, a distributor of specialty alloys and tool steels; Steel Distribution Europe, a distribution business serving Europe and the Middle East; and Machining Specialists, a custom component machining operation.
Reliance Steel & Aluminum Co. is committed to providing its customers with superior service and quality products, as well as maintaining a strong financial position through targeted acquisitions and organic growth. In 2019, the company had annual sales of $11.5 billion and employs over 14,000 people.
Overall, Reliance Steel & Aluminum Co. is a well-established and diversified company with a strong reputation in the metals industry, serving a wide range of customers in various industries around the world.
What is special about the company?
1. Large and Diversified Product Portfolio: Reliance Steel & Aluminum Co. offers one of the most diverse selections of metal and metal-related products in the industry. This includes carbon steel, stainless steel, aluminum, brass, copper, and various specialty alloys.
2. Extensive Network of Branches and Distribution Facilities: With over 300 locations in 40 states and 13 countries, Reliance Steel & Aluminum Co. has a vast network of branches and distribution facilities. This enables them to quickly and efficiently supply their products to customers around the world.
3. Strong Customer Relationships: The company prides itself on building strong relationships with its customers, which has allowed them to develop a loyal and diverse customer base. This has been a key factor in their success and growth over the years.
4. Industry Leader in Processing Capabilities: Reliance Steel & Aluminum Co. offers a wide range of value-added processing services, including cutting, sawing, forming, heat treating, and more. Their state-of-the-art facilities and advanced processing equipment give them a competitive advantage in the industry.
5. Financial Strength and Stability: Reliance Steel & Aluminum Co. has a strong financial record and a solid financial position, which has allowed them to weather economic downturns and continue to grow their business.
6. Commitment to Sustainability: The company is committed to sustainable practices and has implemented various initiatives to reduce their environmental impact. This includes energy-saving initiatives, recycling programs, and using more eco-friendly materials in their products.
7. Strong Corporate Culture: Reliance Steel & Aluminum Co. has a strong corporate culture that values integrity, diversity, and teamwork. They also prioritize employee development and empowerment, which has helped them attract and retain top talent.
8. Community Involvement: The company is actively involved in various charitable and community initiatives in the areas they operate. This includes supporting educational programs, disaster relief efforts, and local organizations.
9. Multiple Awards and Recognitions: Reliance Steel & Aluminum Co. has been recognized as one of the best companies to work for by Forbes, Fortune, and other publications. They have also received several awards and recognitions for their financial performance, sustainability efforts, and leadership in the industry.
10. Continued Growth and Success: Since its founding in 1939, Reliance Steel & Aluminum Co. has grown into one of the largest metal service center companies in the world. They have consistently outperformed competitors and have a track record of strong financial performance and growth.
What the company's business model?
The Reliance Steel Aluminum company is a leading metals service center and distributor of aluminum, carbon steel, stainless steel, and specialty metals products. Their business model involves sourcing and purchasing metal products from mills and manufacturers worldwide, processing and storing them in their distribution centers, and delivering them to customers in various industries, such as aerospace, automotive, construction, energy, and manufacturing.
The company also offers value-added services, including cutting, sawing, shearing, heat treating, precision machining, and blasting. They focus on providing high-quality products and services, maintaining efficient operations, and developing long-term relationships with customers and suppliers.
Their strategy includes a diversified product portfolio, geographic expansion, and acquisitions to expand their market reach and offer a wider range of products and services. They also prioritize cost control, operational efficiency, and supply chain management to maintain competitive prices and reliable delivery.
Overall, the Reliance Steel Aluminum company aims to be a trusted and reliable partner for their customers, providing them with quality products, exceptional service, and industry expertise to support their success.
Interesting facts about the company
1. Founded in 1939, Reliance Steel Aluminum is a leading metals service center company in North America.
2. The company was initially known as Reliance Steel Products Company and was founded in Los Angeles, California.
3. Reliance Steel Aluminum has over 300 locations across 40 states in the United States, as well as in Canada, Mexico, China, and South Korea.
4. In 2019, Reliance Steel Aluminum ranked #416 on the Fortune 500 list of largest US companies by revenue.
5. The company serves a wide range of industries, including aerospace, energy, transportation, construction, and personal protection equipment.
6. Reliance Steel Aluminum is the largest metals service center company in North America, with sales of over $11 billion in 2019.
7. The company has a diverse portfolio of over 100,000 products, including carbon steel, alloy steel, stainless steel, and aluminum, as well as specialty metals such as titanium and nickel.
8. Reliance Steel Aluminum has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact, including energy-efficient lighting and recycling programs.
9. The company has a strong commitment to diversity and inclusion, with a workforce that is almost 30% female and over 40% minority.
10. In addition to its business operations, Reliance Steel Aluminum is also involved in various philanthropic efforts and has donated millions of dollars to charitable organizations focused on education, healthcare, and disaster relief.
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