American Metals Corp., a unit of Reliance Steel & Aluminum
Co., has bought Haskins Steel Co. Inc. for an undisclosed
Founded in 1955,
Spokane, Wash-based Haskins processes and distributes mostly
carbon steel and aluminum products for customers in the Pacific
Northwest. Its in-house processing capabilities include
shearing, sawing, burning and forming.
Haskins will operate
as a wholly owned subsidiary of American Metals, but current
managers will remain in place.
"Haskins will enhance
American Metals penetration into this geographic area
where American Metals did not previously have a physical
presence," Reliance chairman and chief executive officer David
H. Hannah said in a statement Nov. 1.
Haskins recorded net sales of $31.5 million last year.