Ryerson Enhances Stainless Processing Business Through Acquisition
02/21/2017 - Metals distributor and processor Ryerson Holding Corp. has acquired Guy Metals Inc., a privately owned metals service center in Hammond, Wis., USA.
Guy Metals specializes in processing stainless and nickel alloys and offers trademarked finishes it calls Pit Free Dairy and Super4, which have applications in the food, dairy, pharmaceutical and beverage sectors.
The company employs about 70 people and has annual revenue of approximately US$35 million, according to Ryerson.
“Guy Metals has built a hard-earned and well-deserved reputation as an innovator in stainless steel processing and finishing," said Eddie Lehner, Ryerson's president and chief executive officer.
"The acquisition of Guy Metals adds a valuable dimension to our strategic objective of further strengthening our stainless steel franchise through the offering of a unique portfolio of highly differentiated value-added products that can scale across our footprint while meaningfully enhancing the customer experience," he said.
The company employs about 70 people and has annual revenue of approximately US$35 million, according to Ryerson.
“Guy Metals has built a hard-earned and well-deserved reputation as an innovator in stainless steel processing and finishing," said Eddie Lehner, Ryerson's president and chief executive officer.
"The acquisition of Guy Metals adds a valuable dimension to our strategic objective of further strengthening our stainless steel franchise through the offering of a unique portfolio of highly differentiated value-added products that can scale across our footprint while meaningfully enhancing the customer experience," he said.
