Reliance buys Sunbelt to up energy holdings

Oct 03, 2012 | 01:06 PM | Michael Cowden

Tags  Reliance Steel & Aluminum, David Hannah, Sunbelt Steel Texas, Michael Kowalski, distribution, energy, alloy steel bar, heavy-wall tubing oil

CHICAGO — Reliance Steel & Aluminum Co. has acquired alloy steel bar and heavy-wall tubing distributor Sunbelt Steel Texas LLC as it looks to continue boosting its exposure in the energy sector.

The Los Angeles-based metals service center said Wednesday that current Sunbelt management, including president Michael Kowalski, would remain in place, and the company would operate as a Reliance subsidiary.....

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