AMM Awards: 2012 Steel Tube and Pipe Excellence Winners

Mar 31, 2012 | 07:00 PM |

Tags  AMM Awards for Steel Tube & Pipe Excellence, Reliance Steel & Aluminum, NOV Grant Prideco, V&M USA, Leavitt Tube, Tenaris SA, Piotr Galitzine, TMK Ipsco Union Pacific

Drill just below the surface of the everyday issues that steelmakers face, and you’ll find people and companies that are implementing business improvements that are delivering real change to the industry. This is just as true of the steel tube and pipe sector. Earlier this year, AMM presented the first-ever Awards for Steel Tube and Pipe Excellence during its fifth annual Steel Tube and Pipe Conference in Houston, recognizing advancements rooted in technology, customer service, logistics and other practices. AMM congratulates the winners and salutes the best-in-class initiatives that a panel of independent industry experts decided set the winners apart from their peers.

Best Mergers & Acquisitions: Reliance Steel & Aluminum Co.

Reliance Steel & Aluminum Co. chairman and chief executive officer David H. Hannah believes his company is “the acquirer of choice in the metals service center industry.” He is proud of the Los Angeles-based company’s track record of not just acquiring companies but of helping those companies—including some in the tube and pipe industry—become bigger and better.

Reliance, which captured AMM’s Best Mergers & Acquisitions award, is the largest North American metals service center, having grown its sales revenue to $8.1 billion in 2011 from $447 million in 1994, the year that it became a publicly traded company. A significant part of that growth has come from its 48 acquisitions during that timeframe, including the purchase of several companies that distribute specialty tubing to complement its Tube Service Co. division, which has been in the specialty tubing business for 30-plus years.....

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