Reliance Steel & Aluminum Co. Acquires McKey Perforating Co; Terms Not Disclosed

Reliance Steel & Aluminum Co.

announced today that, through its wholly-owned subsidiary Diamond Manufacturing Company, it has completed the acquisition of McKey Perforating Co., Inc. headquartered in New Berlin, Wisconsin and its subsidiary McKey Perforated Products Co., Inc. located in Manchester, Tennessee. McKey was founded in 1867 and is a contract manufacturer that provides a full range of metal perforating and fabrication services to customers located primarily in the U.S. For the year 2011, McKey's net sales were approximately $18 million. Jean McKey will continue in her role of President of McKey Perforating. Details of the transaction were not disclosed.