Chicago-based Ryerson Holding Corp. (NYSE: RYI), a value-added processor and distributor of industrial metals, has acquired Production Metals, LLC, a distributor of aluminum, stainless and specialty steels based in Monroe, Conn.
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Production Metals serves New England and the area with bar, tube, sheet and plate products, along with precision sawing, lasering and water jet cutting.
“On behalf of all Ryerson Stakeholders, we could not be more excited in welcoming Production Metals to the Ryerson Family of Companies, as we have here the opportunity to bolster our value-added aluminum, stainless, and specialty steel offerings in the Northeastern United States and throughout the entire Ryerson network of service centers,” said Eddie Lehner, Ryerson’s President and Chief Executive Officer.
Ryerson has around 4,400 employees in over 110 locations.
