| Business Summary | | Reliance
Steel
&
Aluminum
Co.
is
one
of
the
largest
metals
service
center
companies
in
the
United
States.
The
Company
has
a
network
of
24
divisions
and
15
subsidiaries
operating
metals
service
centers,
with
80
processing
and
distribution
facilities
in
23
states,
France
and
Korea.
The
Company
provides
value-added
metals
processing
services
and
distributes
a
full
line
of
more
than
80,000
metal
products,
including
alloy,
aluminum,
brass,
copper,
carbon,
stainless
and
specialty
steel
products
to
more
than
70,000
customers
in
a
broad
range
of
industries.
Some
of
these
metals
service
centers
provide
processing
services
for
specialty
metals
only.
In
addition,
one
of
the
Company's
subsidiaries
has
two
international
locations,
with
a
subsidiary
operating
a
distribution
center
in
Fuveau,
France
and
a
66.5%
ownership
interest
in
a
joint
venture
company
operating
a
manufacturing
facility
in
Seoul,
Korea.
The
Company
also
has
a
50%
ownership
interest
in
American
Steel. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Reliance
Steel
and
Aluminum
operates
a
network
of
metals
service
centers
in
23
states
providing
value-added
materials
management
and
metals
processing
services
and
distributing
a
full
line
of
metal
products.
For
the
six
months
ended
6/30/01,
revenues
fell
3%
to
$846.5
million.
Net
income
decreased
26%
to
$24.2
million.
Revenues
reflect
a
decrease
in
sales.
Earnings
also
reflect
the
slowing
of
the
economy
and
costs
associated
with
acquisitions. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Joe Crider, 71 Chairman | -- | -- | David Hannah, 49 Pres,
CEO, Director | $1.2M | $307K | Gregg Mollins, 46 Exec.
VP, COO | 1.3M | 564K | Karla McDowell, 35 Sr.
VP and CFO | 566K | 148K | Kay Rustand, 52 VP,
Gen. Counsel | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|