Steel Mills

Ryerson Expands Processing Capabilities, Acquires Excelsior

Written by David Schollaert

November 2, 2022

Ryerson is expanding its value-added portfolio with the addition of a West Coast fabrication and machining company, in a move likened to its purchases of Specialty Metals Processing and Apogee Steel Fabrication over the past 12 months.

Ryerson

The Chicago-based metals service center group has acquired Fresno, Calif.-based Excelsior Inc. for an undisclosed sum.

“Excelsior has built a strong reputation for advanced processing and customer service,” said Steve Bosway, Ryerson’s president, west region. “This acquisition strengthens the Ryerson network of value-added service centers, allowing us to provide better experiences and an extended suite of metal processing solutions for customers in the Western US.”

Excelsior is a full-service fabrication and machining company with advanced processing facilities including machining centers, laser and waterjet cutting, welding, and complex assemblies, the company said in a Nov. 1 release.

“Since 1996, Excelsior has served customers with the equipment and expertise to exceed their expectations,” added Ray Roush, Excelsior’s founder and CEO. “We are pleased to continue that legacy as the newest member of the Ryerson Family of Companies.”

Ryerson, headquartered in Chicago, Ill., is a value-added processor and distributor of industrial metals employing more than 4,000 across 100-plus locations in the US, Canada, Mexico, and China.

By David Schollaert, David@SteelMarketUpdate.com

 

David Schollaert

David Schollaert is a senior analyst for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. Based in CRU’s Pittsburgh office, David can be reached at david@steelmarketupdate.com or 724-720-1008.

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