October 08, 2008

Reliance Steel to sell Encore Coils business

Reliance Steel & Aluminum Company recently announced that it has sold the assets and business of its Encore Coils division to Samuel Son & Co Limited.

Reliance closed on its purchase of the Encore Group of metals service center companies, of which Encore Coils is a part, on February 1st 2007. Encore Group includes Encore Metals, Encore Metals USA Inc, Encore Coils & Team Tube and Reliance will retain the Encore Metals and Team Tube divisions of the company.

Encore Coils processes and distributes carbon steel flat rolled products through 5 facilities in Western Canada.

Los Angeles based Reliance is a metals service center company with more than 180 locations in 37 states and Belgium, Canada, China, South Korea and the United Kingdom.