Reliance Signs Agreement for Chinese Joint Venture

November 2005
Metal Center News;Nov2005, Vol. 45 Issue 12, p13
Trade Publication
The article reports that Los Angeles, California-based Reliance Steel & Aluminum Co. has agreed to form a joint venture that will give the North American service center giant a stronger presence in Asia. Reliance has reached an agreement with Singapore companies New Wave Technologies Ltd. and its associate Manufacturing Network Pte. Ltd. (MNPL) to form a joint venture company, Reliance Pan Pacific Pte. Ltd. Reliance Pan Pacific will be 70 percent owned by Reliance and 30 percent owned by MNPL.


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