Reliance, Inc. (RS) signed an agreement to acquire certain assets of FerrouSouth, a division of Ferragon Corporation based in Iuka, MS. FerrouSouth is renowned for its high-quality flat-rolled steel processing and provides logistics services, including shipping and warehousing, to the rapidly expanding Southeastern market.Post-acquisition, FerrouSouth operations will function as a division of Feralloy Corporation, a wholly-owned subsidiary of Reliance. For the 12 months ending Dec 31, 2023, FerrouSouth’s to ...