Metal Processing and Distribution
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Reliance, Inc. Subsidiary AMI Metals, Inc. Awarded Significant Government Infrastructure and Defense Projects
Globenewswire· 2026-03-10 10:50
Core Insights - Reliance, Inc. announced that its subsidiary AMI Metals, Inc. has secured two significant contracts for U.S. government infrastructure and defense projects, enhancing the company's position in the aerospace and defense market [1][2] Group 1: Contract Details - AMI was awarded a multi-year contract with the U.S. Department of Homeland Security for up to $2.24 billion to provide steel and logistics support services for border wall construction, running from February 11, 2026, to December 31, 2028 [5] - The contract includes managing procurement, transportation, warehousing, and distribution of steel bollards and plates, with deliveries expected to start in Q2 2026 [5] - Additionally, AMI received a five-year IDIQ contract valued at up to $654 million to supply aluminum plate for multiple Lockheed Martin defense platforms, including the F-35 program, extending from January 1, 2027, to December 31, 2028 [5] Group 2: Company Overview - Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America, operating approximately 310 locations across 41 states and 10 countries [3] - The company distributes over 100,000 metal products to more than 125,000 customers, focusing on small orders with quick turnaround and value-added processing services [3] - In 2025, Reliance's average order size was $3,120, with about 49% of orders including value-added processing and approximately 40% delivered within 24 hours [3]
Ryerson to Host Earnings Call on Friday, February 20th to Discuss Fourth Quarter and Full-Year 2025 Results
Prnewswire· 2026-01-28 21:39
Group 1 - Ryerson Holding Corporation will host a conference call to discuss its fourth quarter and full-year 2025 financial results on February 20, 2026, at 10 a.m. Eastern Time [1] - The earnings report will be released after market close on February 19, 2026, and the annual report on form 10-K will be filed prior to market open on February 23, 2026 [1] - An online replay of the conference call will be available on the investor relations website for 90 days [2] Group 2 - Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China [3] - The company was founded in 1842 and currently has around 4,300 employees and over 110 locations [3]
Reliance, Inc. Announces Appointment of John G. Sznewajs to Board of Directors
Globenewswire· 2025-10-01 10:50
Core Insights - Reliance, Inc. has appointed John G. Sznewajs as an independent member of its Board of Directors, effective October 1, 2025, with his term expiring at the 2026 Annual Meeting of Stockholders [1][2] - Following this appointment, Reliance's Board will consist of nine members, with eight being independent [1] Company Overview - Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America, founded in 1939 [3] - The company operates approximately 320 locations across 41 states and 10 countries, providing value-added metals processing services and distributing over 100,000 metal products to more than 125,000 customers [3] - In 2024, Reliance's average order size was $2,980, with about 50% of orders including value-added processing and approximately 40% delivered within 24 hours [3] Leadership Background - John G. Sznewajs brings extensive financial expertise and experience in corporate strategy, finance, and multinational industrial operations to Reliance's Board [2] - He previously served as Vice President and Chief Financial Officer of Masco Corporation from 2007 to 2023 and is currently a director at CMS Energy Corporation [2]
Reliance, Inc. Announces Participation at the Jefferies Industrials Conference
Globenewswire· 2025-08-27 10:50
Company Overview - Reliance, Inc. is a leading global diversified metal solutions provider and the largest metals service center company in North America, founded in 1939 [3] - The company operates approximately 320 locations across 41 states and 10 countries outside the United States, serving over 125,000 customers in various industries [3] - Reliance offers a full line of over 100,000 metal products and focuses on small orders with quick turnaround and value-added processing services [3] Financial and Operational Highlights - In 2024, Reliance's average order size was $2,980, with approximately 50% of orders including value-added processing [3] - Approximately 40% of orders were delivered within 24 hours, indicating a strong operational efficiency [3] Upcoming Events - Karla Lewis, President and CEO, and Stephen Koch, Executive Vice President and COO, will participate in the Jefferies Industrials Conference on September 3, 2025, at 3:30 p.m. ET [1] - The presentation will be webcast live and available for replay on the company's website for 90 days following the event [2]