Steel Products
Reliance Steel & Aluminum Acquires KMS Operations
Written by Sandy Williams
August 1, 2018
Reliance Steel & Aluminum announced it has completed the acquisition of KMS Fab, LLC and KMS South, Inc. The KMS companies specialize in precision sheet metal fabrication using a variety of metals ranging from prototypes to large production runs.
The facilities are located in Luzerne, Pa., and West Columbia, S.C., and employ over 200 employees. KMS fabrication methods include laser cutting, stamping, turret punching, machining, powder coating and welding. For the fiscal year ended Dec. 31, 2017, the KMS Companies’ combined net sales were $23.3 million.
“Our acquisition of the KMS Companies fits well with our growth strategy of acquiring and investing in businesses that perform high levels of value-added processing,” commented Gregg Mollins, President and Chief Executive Officer of Reliance. “The KMS Companies have a longstanding record of investing in state-of-the-art technologies to provide customers with timely delivery of the highest quality parts, which aligns with Reliance’s core business principles. We are thrilled to welcome the KMS team to the Reliance family of companies.”
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Sandy Williams
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