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Reliance, Inc. reached an agreement to purchase certain assets of the FerrouSouth division of Ferragon Corporation, a toll processing operation in Iuka, Mississippi. The transaction is expected to close within 30 days.
“The addition of FerrouSouth’s tolling operations helps expand our toll processing capabilities and provides additional capacity to Feralloy through its existing operations in the Southeastern United States.”globenewswire.com
Summarized from public sources; check the original articles before acting on it.