Reliance Steel & Aluminum completes acquisition of Ferguson Perforating

Reliance Steel & Aluminum, a Los Angeles-based metal service center, has acquired all common stock of Ferguson Perforating Co. through Diamond Mfg. Co., a wholly owned subsidiary of Reliance.

Ferguson, a producer of perforated metal for a variety of markets, is based in Providence, R.I., and operates an additional facility in New Castle, Pa.

Upon the close of the transaction, Ferguson's current CEO will retire, while the rest of the management team will remain in place.