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Ryerson

Industrials · Public-to-Private Transactions · Acquired in October 2007

Processes and distributes metals for a broad geographic market with service centers in North America and China.

Platinum Equity Portfolio Company Ryerson metals worker.
Video: Inside the Platinum Portfolio. With manufacturing facilities and service centers across North America and in China, Ryerson processes and distributes a wide range of metal products. A look at the process in Ryerson's facility in California. Video Short »

VIDEO FEATURE

  • Renewal at Ryerson: Executives from Ryerson and Platinum Equity discuss key operational initiatives that reignited the company's entrepreneurial drive since joining the portfolio. Watch Video »

KEY FACTS

  • 160+ years in the U.S. metals industry.
  • Headquartered in Chicago with a network of service centers spanning the U.S., Canada, China, and Mexico.
  • Acquires, processes, and distributes finished metals such as stainless steel, aluminum, copper, and brass.
  • Handles 3.1 million tons of steel annually, making it one of the largest distributors and processors in North America or China.
  • Second largest metals service center in North America.
  • The only major North American service center providing metals to China.

INITIATIVES

  • In 2009 temporarily reduced inventory and dramatically reduced debt during the economic crisis.
  • In 2009 expanded sales force and added four additional North American service centers.
  • In 2010 acquired strategic add-on Texas Steel.
  • In 2010 acquired SFI-Gray Steel.
NEWS
updated 11/11
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