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Ryerson
Ryerson Inc., a Platinum Equity company, is a leading North American processor and distributor of metals, with operations in the U.S., Mexico, Canada, China and Brazil. The company distributes and processes various kinds of metals, including stainless and carbon steel and aluminum products.
Latest News
Ryerson Opens New Long Products Service Center in Houston
01 December 2011 - Ryerson has opened a new service center in Houston, Texas, that is completely devoted to the processing and distribution of long products.
Ryerson Opens New Service Center in Salt Lake City
15 November 2011 - Ryerson Inc. celebrates the grand opening of their newest service center located in Salt Lake City, Utah.
Ryerson Acquires Singer Steel
16 March 2011 - Ryerson Inc. has acquired Singer Steel Co., a value-added flat rolled steel processor based in Streetsboro, Ohio.
Ryerson to Open Plate Processing Center in Iowa
30 November 2010 - Ryerson announced plans to open a plate processing center in Iowa capable of a range of process including laser cutting, plasma and oxy-fuel burning, robotic beveling, plate blasting, machining and press brake bending.
Ryerson to Open El Paso Service Center
21 October 2010 - Ryerson Inc. plans to open a service center in El Paso, Tex., that is expected to begin operations in mid-October. The facility will service the El Paso/Juarez, Mexico, market and will distribute a range of carbon, aluminum, and stainless steel products.
Ryerson Opens New Mexican Service Center
19 August 2010 - Ryerson Inc. has opened a new service center in Monterrey, Nuevo Leon, Mexico. Expected to begin operations August 30, 2010, the facility will serve as a general line service center and carry a range of carbon, aluminum, and stainless steel products in different shapes.
Ryerson Continues Southwest U.S. Expansion via Acquisition
10 August 2010 - Ryerson Inc. has acquired SFI-Gray Steel Inc., a steel plate processor based in Houston, Tex., as part of its ongoing initiative to expand product and service offering in this market.
Ryerson Initiates CEO Succession Planning
28 May 2010 - Ryerson begins succession planning in anticipation of the retirement of Chief Executive Officer Stephen E. Makarewicz prior to the end of 2012.
Ryerson Sells Stake in Tata Ryerson Joint Venture
13 July 2009 - Ryerson completes the sale of its 50% equity interest in Tata Ryerson Ltd. to Tata Steel.
Ryerson to Pay Additional Interest on Outstanding Senior Secured Notes
09 October 2008 - Ryerson will pay additional interest until it consummates its Exchange Offer of 12% Senior Secured Notes due 2015 and Floating Rate Senior Secured Notes due 2014.
Ryerson Announces Chicago Restructuring
03 December 2007 - Ryerson Inc. announced plans to restructure its Chicago operations, transitioning its Chicago business to its other locations by the end of 2008.
Ryerson Updates Noteholders on 3rd Quarter Financial Results
15 November 2007 - Ryerson provided holders of its Senior Secured Notes with summary financial results for the quarter ended September 30, 2007, noting that additional financial information would be provided on or about November 30, 2007.
Ryerson Launches Comprehensive Reorganization
25 October 2007 - Newly acquired Ryerson takes initial steps in a comprehensive reorganization, beginning with several key appointments to the company's senior leadership team.
Ryerson Shareholders Approve Merger Agreement
18 October 2007 - Ryerson stockholders approve Platinum Equity’s acquisition of Ryerson in a vote that took place during a special meeting of stockholders on Wednesday, Oct. 17.
Ryerson Announces Convertibility of Senior Notes
04 October 2007 - Ryerson's 3.50% Convertible Senior Notes due 2024 will be convertible beginning October 4, 2007 through November 21, 2007, the date on which Ryerson's fundamental change repurchase offer is expected to expire.
Ryerson Schedules Special Meeting for Approval of Merger
19 September 2007 - Ryerson will hold a special meeting of stockholders on October 17 to vote on a proposal to approve its merger with an affiliate of Platinum Equity.
Ryerson Acquisition Passes U.S. Antitrust Waiting Period
10 September 2007 - Ryerson passes the waiting period required under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 for its proposed merger with an affiliate of Platinum Equity LLC.
Stockholders Re-Elect All 11 Incumbent Ryerson Directors
24 August 2007 - Stockholders at Ryerson’s 2007 Annual Meeting of Stockholders re-elect all 11 Ryerson director nominees to the company’s Board of Directors.
Harbinger Capital Partners Sends Letter to Ryerson Stockholders
08 August 2007 - Harbinger Capital Partners sends letter to the Ryerson stockholders urging them to elect new directors to the Ryerson Board at the Annual Meeting of stockholders to be held August 23, 2007.
Ryerson Reports 2nd Quarter 2007 Results
02 August 2007 - Ryerson Inc. reported net income of $38.1 million on sales of $1.6 billion for the second quarter, and net income of $66.2 million on sales of $3.3 billion for the six months ended June 30, 2007.
