Reliance steel & aluminum acquires Yarde metals.Reliance Steel & Aluminum Co., Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , has reached an agreement to acquire Yarde Metals, Inc., a metals service center based in Southington, Conn. Yarde specializes in the processing and distribution of stainless steel stainless steel: see steel. stainless steel Any of a family of alloy steels usually containing 10–30% chromium. The presence of chromium, together with low carbon content, gives remarkable resistance to corrosion and heat. and aluminum plate, rod and bar products. The company has additional metals service centers in Pelham Noun 1. Pelham - a bit with a bar mouthpiece that is designed to combine a curb and snaffle bit - piece of metal held in horse's mouth by reins and used to control the horse while riding; "the horse was not accustomed to a bit" , N.H.; East Hanover, N.J.; Hauppauge, N.Y.; High Point, N.C.; Streetsboro, Ohio; and Limerick, Pa., and a sales office in Fort Lauderdale, Fla. David Hannah, Reliance's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , says, "The Yarde acquisition adds significantly to our geographic network in the Northeastern United States and also expands our customer base and product offerings." |
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