June 2005
Metal Center News;Jun2005, Vol. 45 Issue 7, p12
Trade Publication
The article reports that Reliance Steel & Aluminum Co. has reached an agreement to acquire Spring House, Pennsylvania-based Chapel Steel Co. The transaction was expected to close within two months, subject to due diligence and regulatory approvals. Chapel Steel recorded fiscal 2004 net sales of $273 million. Chapel Steel is a privately held metals service center company that processes and distributes carbon and alloy steel plate products from five facilities in the U.S.


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