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Reliance Steel completed Flat Rock purchase deal
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Reliance Steel & Aluminum’s purchase of Flat Rock Metal Processing was completed last week. Reliance, the US stockist completed the deal a few days before the shareholder vote that on March 31 at Earle M. Jorgensen about the $934 million merger. The deal adds two additional coil processing operations to Reliance’s business. Flat Rock has coil processing facilities both in Iowa and Ohio and will be operating as locations for its Precision Strip subsidiary. (Apr. 2)
News Date
4/2/2006 12:59:23 AM
reported by
Sherry Yu
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