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Reliance Steel & Aluminum acquires McKey Perforating Co
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Thursday, 02 Feb 2012
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Reliance Steel & Aluminum Co announced 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 US For the year 2011, McKey's net sales were approximately USD 18 million.

Ms Jean McKey will continue in her role of President of McKey Perforating. Details of the transaction were not disclosed.

Mr David H Hannah chairman & CEO of Reliance said “McKey is well known for quality within the perforated metals industry and will work closely with Diamond to further leverage their combined expertise in that market. We look forward to further expanding our presence within the perforated metal market, which is a high return and value added end market.”

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