Brooklyn, N.Y., USA-based Rotax specializes in copper, bronze and brass alloys. The company services distributors, manufacturers, and the commercial and residential construction markets, among others.
 
“This acquisition supports Reliance’s product diversification strategy by expanding our portfolio of specialty bronze, brass and copper product offerings,” said Jim Hoffman, chief executive of Reliance. “By operating through our subsidiary Yarde Metals, a metals service center with 16 locations throughout the Northeast, we expect Rotax will benefit from Yarde’s relationships with mill suppliers and leverage its back-office services to streamline operations and promote continued growth.”
 
Read the full press release here.