Service Centers
Ryerson buys Connecticut-based Production Metals
Written by David Schollaert
August 5, 2024
Ryerson has acquired Production Metals, LLC, a Monroe, Conn.-based aluminum, stainless, and specialty steel distributor, for an undisclosed sum.
Production Metals is a metals distributor of bar, tube, sheet, and plate products, along with precision sawing, lasering, and water jet cutting. It serves New England and the surrounding area.
“In addition to serving the aerospace, defense, and semiconductor end markets, Production Metals has a reputation for service that aligns with Ryerson’s commitment to providing great customer experiences, and their precision cutting capabilities add to our value-added business,” commented Eddie Lehner, Ryerson’s president and CEO.
The portfolio addition bolsters Ryerson’s value-added aluminum, stainless, and specialty steel offerings in the Northeastern US and its network of service centers.
Chicago-based Ryerson is one of the largest service center groups in North America, with more than 110 locations across the continent and five in China.
This is Ryerson’s first acquisition of 2024 after a busy 2023 when it bought four metals processors and distributors: BLP Holdings, Norlen Inc., TSA Processing, and Hudson Tool.
David Schollaert
Read more from David SchollaertLatest in Service Centers
Brown Strauss Steel names new chief executive
Denver-based service center Brown Strauss Steel has named Kris Farris as CEO, effective Jan. 1. Farris has also joined the company’s board of directors. He previously served as president and COO of Brown Strauss Steel. Farris is taking over from Ryan Secrist, who held the CEO role since 2013. Secrist is stepping down from position […]
Galvanized buyers see glimmers of optimism amidst the chaos
Reflecting on 2024 and looking ahead to the new year, galvanized steel buyers on this month’s HARDI call expressed a mix of cautious optimism with lingering uncertainties.
SPS Companies and State Steel combine service center businesses
Steel fabricators and distributors SPS Companies and State Steel will be merging their service center businesses under the SPS Companies family of firms.
Norfolk Iron & Metal to buy Pennsylvania service center
The deal will expand Norfolk’s stainless steel sheet and coil product lines, the company said.
Lapham-Hickey acquires Michigan’s Alkar Steel
Alkar Steel and Processing supplies hot- and cold-rolled steel, high carbon spring steel, high strength-low alloy steel, coated and stainless steel products throughout the Midwest.