Moving Metal

Reliance top management in early 2013. From left: Bill Sales, Steve Koch, Gregg Mollins, Sheldon Tenenbaum, Dave Hannah, Jim Hoffman, and Karla Lewis.

corporation’s performance. Things had gone just as planned: continued pressure on average selling prices had been offset by Reliance’s new higher-priced offerings for high-growth industries. Total sales in 2012 were up 3.8 percent to $8.44 billion and net income was up 17.4 percent to $403.5 million. The first page of the 2012 Annual Report laid out these accomplishments, and unveiled an updated Reliance logo and a new vision statement: Our history is the key to writing the story of our future. We strive to be the market leader, committed to setting industry leading standards in all measures of business performance and customer service. We encourage all of

our employees to exhibit the highest levels of personal integrity, teamwork, and appreciation for our diverse individual and company cultures. We believe in always treating people fairly, whether employee, supplier, or customer, while always looking for ways to improve our service and contribution to the communities in which we live and work. Dave Hannah added, “Not only are we reflecting and remembering from where and how far we’ve come, we’re pursuing our future with renewed passion and energy with the honesty, integrity, humility, and compassion that has, and will continue to define us.” It was a succinct declaration

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