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Metals USA

Headquartered in Fort Lauderdale, Fla., Metals USA provides a wide range of products and services in the heavy carbon steel, flat-rolled steel, non-ferrous metals, and building products markets. It was acquired by Reliance Steel & Aluminum in 2013.

Latest News

Metals USA Commences Exchange Offer

08 August 2006 -  

Metals USA Commences Exchange Offer

08 August 2006 -  

Metals USA Reports 2nd Quarter Results

02 August 2006 -  

Metals USA Reports 2nd Quarter Results

02 August 2006 -  

Apollo Financers Adjust Condition for Metals USA Acquisition

07 November 2005 - Metals USA, Inc. announced that the banks providing the debt financing for Apollo Management, LP's pending merger transaction with the company have agreed to modify their debt financing commitment letter in a manner that will result in a key financial condition being satisfied.

Metals USA Reports 3rd Quarter Results

25 October 2005 - Metals USA, Inc. announced net income of $11.2 million on net sales revenue of $396.1 million for the three months ended September 30, 2005.

Metals USA Stockholders Approve Merger Agreement

20 October 2005 - Metals USA, Inc. stockholders have voted to adopt the merger agreement providing for acquisition of the company by affiliates of Apollo Management, LP.

Metals USA Settles Class Action Lawsuit Related to Pending Acquisition

12 October 2005 - Metals USA, Inc. has agreed in principle to resolve a consolidated class action lawsuit brought against it and each of its directors. The class action is a consolidation of two lawsuits related to the pending acquisition of the company by affiliates of Apollo Management, LP.

Metals USA Announces Executive Management Changes

11 October 2005 - Metals USA, Inc. announced that it will appoint Robert C. McPherson III as Senior Vice President and Chief Financial Officer. The new appointment takes effect with closing of the pending acquisition of the company by affiliates of Apollo Management, LP. Mr. McPherson will replace Terry L. Freeman, the company's current Chief Financial Officer, who plans to resign upon completion of the transaction with Apollo to pursue other interests.

Metals USA Reports 2nd Quarter Results

27 July 2005 - Metals USA, Inc. announced net income of $14.3 million on net sales of $426.8 million for the three months ended June 30, 2005.

Metals USA Announces Leadership Changes for Plates & Shapes Group

11 July 2005 - Metals USA, Inc. announced that Bill Bennett has resigned as Senior Vice President of the company and as President of the Plates & Shapes Group.

Metals USA Reports Record 1st Quarter Revenues

26 April 2005 - Metals USA, Inc. announced net income of $17.3 million on net sales of $427.6 million for its first quarter ended March 31, 2005.

Metals USA Reports Record Earnings for 2004

23 February 2005 - Metals USA Inc. announced record net income of $20.5 million on net sales of $394.4 million for the fourth quarter, and net income of $104.5 million on net sales of $1.51 billion for the full year ended Dec. 31, 2004.

Metals USA Reports 3rd Quarter Profits

21 October 2004 - Metals USA, Inc. announced net income of $31.8 million on net sales of $412.6 million for the third quarter and net income of $84.0 million on net sales of over $1.1 billion for the nine months ended September 30, 2004.

Metals USA Announces Change in Division Leadership

17 August 2004 - Metals USA, Inc. announced that E. L. (Tom) Thompson has retired from the company effective August 13, 2004. "We thank Tom for the contributions he has made to our Company over the past five years. We wish Tom the very best," said C. Lourenco Goncalves, President and CEO of Metals USA.

Metals USA Reports Record Second Quarter Results

20 July 2004 - Metals USA, Inc. announced net income of $33.7 million on net sales of $383.6 million and net income of $52.2 million on net sales of $702.8 million for the three and six months, respectively, ended June 30, 2004.

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