Ryerson Tull Announces Name Change
10/04/2005 - Ryerson Tull, Inc. has announced plans to change its name to Ryerson, Inc., effective January 1, 2006.
Ryerson Tull, Inc. has announced plans to change its name to Ryerson, Inc., effective January 1, 2006.
The new name is to reflect the building of one organization with unrivaled customer service capabilities, following the company’s January 4, 2005 acquisition of Integris Metals. Ryerson will also adopt the ticker symbol "RYI" for its common stock listed on the New York Stock Exchange.
"We will have a name that represents more than 160 years of leadership in the metal service center industry and all the companies that are part of our rich heritage, including Joseph T. Ryerson, J.M. Tull Metals, J&F Steel, and most recently, Integris Metals," said Neil S. Novich, Chairman, President, and CEO of Ryerson Tull. "What will not change is our commitment to delivering the highest level of service and to continuously improve the performance on our Big Five(R) — the five factors that are most important to our customers — available inventory, on-time delivery, competitive prices, quality products, and rapid response."
Ryerson Tull is a leading North American distributor and processor of metals, with first-half 2005 revenues of $3.1 billion. The company services customers through a network of service centers across the United States and in Canada, Mexico, and India.