Reliance Inc

RS

Equity

ISIN null / Valor 247280

New York Stock Exchange, Inc (2026-01-23)

USD 329.83+0.49%

Reliance Inc
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About company

Reliance Inc is a diversified company specializing in the provision of value-added metals processing and inventory management services. With a network spanning approximately 315 locations across 40 states and 12 countries outside the United States, Reliance serves a broad customer base of over 125,000. The company offers an extensive product line that includes over 100,000 metal products ranging from carbon steel, aluminum, stainless steel, brass, copper, titanium, to alloy steel. Beyond its core offerings, Reliance has expanded its services to include kitting, contract manufacturing, packaging, inventory and supply chain management, and storage solutions. This expansion is part of its strategy to not only meet but exceed customer expectations in terms of quality, service, and delivery times, often achieving just-in-time delivery within 24 hours of order receipt. Reliance's decentralized management model allows its subsidiaries to operate with a high degree of autonomy, enabling them to swiftly adapt to regional, market, and industry-specific conditions. This approach, coupled with a commitment to high-quality service and quick turnaround times, has resulted in a high customer retention rate, with over 95% of clients returning for further business. The company's role as a metals service center involves acquiring primary metal products from producers and processing them according to customer specifications, leveraging high-volume production to ensure cost-effectiveness.

Summarized from source with an LLMView SourceSector: Industrials