COVID Stimulus Watch Individual Entry
Recipient Company:
RELIANCE STEEL & ALUM
Loan or Loan Guarantee Amount:
$1,083,170
Recipient Details
Ownership Structure: publicly traded (ticker symbol RS)
Award Details
Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Reliance Steel & Aluminum
Headquartered in: California
Parent Sector: metals
Parent Industry: metals
Employees (prior to pandemic): 15,300
Accountability Issues Since 2010
Good Jobs First has no data in this category
Good Jobs First has no data in this category
Environmental / Healthcare / Safety Penalties: $463,263
Consumer Protection / Financial / Competition-related Penalties: $53,000
Ratio of CEO Pay to that of Median Worker: 237 to 1
CEO Compensation: $13,770,002
Worker Median Pay: $58,100
Total Federal, State, and Local Subsidies: $3,455,850
Violation Tracker
Employment Issues
Tax / Subsidy Issues
Contracting Issues
Environment / Safety Issues
Consumer Protection Issues