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Cd'A Metals company history timeline

1939

Growth through Acquisition: 1939-87

1944

In 1944, the name was shortened to Reliance Steel Co.

1948

In 1948, Reliance Steel also began manufacturing products of aluminum and magnesium.

1949

With the purchase, Reliance also acquired the services of Joe D. Crider, who had joined Drake in 1949 as a billing clerk and worked his way up to Fresno sales manager.

1957

Gimbel, who started as a warehouse man, succeeded Neilan as president of the company in 1957, a year after the company name was changed to Reliance Steel & Aluminum.

1958

Under Gimbel Reliance began its long-running territorial expansion, naming a resident sales agent in Phoenix in 1958.

1966

In 1966, Reliance extended its reach into Texas by acquiring metals service centers in Dallas and San Antonio from Delta Metals, Inc.

1972

Reliance Steel acquired Southern Equipment & Supply Co., San Diego's oldest metals service center, in 1972, and immediately launched a $1.8 million project to double the size of the San Diego facility.

1976

After more than three decades of operating full-service metals service centers, Reliance opened its first "specialty store" in 1976, forming the Tube Service Co., in Santa Fe Springs, California.

1977

In 1977, Reliance also acquired Bralco Metals, in Pico Rivera, California, which specialized in brass, aluminum, and copper.

1981

In 1981, Reliance purchased the Cd'A Service Center in Salt Lake City, Utah, from Spokane-based Cd'A Steel Service Center.

1984

The Portland operation foundered and then closed in 1984.

1987

The move never panned out, however, and Reliance sold the center in 1987.

1988

By 1988, the company's 50th year, sales topped $350 million.

In 1988, Reliance also acquired the Los Angeles Sheet & Steel Division from Earle M. Jorgensen Co.

1992

In an interview with an industry publication in 1992, Joe D. Crider, then president and chief operating officer, explained, "You can pay the bill [for higher market share] through price cutting, or through paying goodwill to buy a competitor.

1997

Reliance continued to invest in the aerospace business, acquiring Service Steel Aerospace Corp. of Tacoma, Washington, in October 1997.

1999

Company president David Hannah succeeded Joe D. Crider as CEO in February 1999.

Inc., a Rockford, Illinois, supplier of carbon steel products, was acquired in March 1999.

2000

Reliance bought United Alloys Inc.'s aerospace division in August 2000.

2001

An aggravating factor was the dramatic drop-off in commercial airliner orders following the September 11, 2001 terrorist attacks on the United States.

Viking Materials Inc., a Minneapolis-based processor and distributor of flat-rolled carbon steel products, was bought in early 2001.

East Tennessee Steel Supply Inc. was added to Reliance's Chattanooga-based Siskin Steel unit in early 2001.

2002

Reliance acquired assets of Central Plains Steel Company in April 2002.

2003

Valex shut down its Phoenix distribution site in 2003.

Its sales were $70 million in 2003.

Acquisitions in 2003 included Precision Strip, Inc., a fee-based or "toll" processor of carbon steel, aluminum, and stainless steel products.

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Founded
1884
Company founded
Headquarters
Spokane, WA
Company headquarter
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Cd'A Metals history FAQs

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Cd'A Metals may also be known as or be related to Cd'A Metals, Coeur d'Alenes Co., The Coeur D Alenes Company and The Coeur D'Alenes Company.