Reliance Steel & Aluminum Acquires Ferguson Perforating - Modern Distribution Management

Reliance Steel & Aluminum Acquires Ferguson Perforating

Acquisition expands company's presence in perforated metal manufacturing.

Reliance Steel & Aluminum Co. (NYSE: RS), Los Angeles, CA, has acquired Ferguson Perforating Co. through Reliance's wholly owned subsidiary Diamond Manufacturing Co. Terms were not disclosed.

Founded in 1927, Ferguson manufactures perforated metal parts for numerous applications in domestic and international markets, ranging from aerospace and automotive to industrial machinery, consumer electronics manufacturers and sugar producers. The company reported 2016 sales of $31 million.

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