Chicago, Illinois-based US service centre chain Ryerson has acquired California-based fabricator and processor Excelsior, Kallanish understands.
According to a notice published by Ryerson, the company has added the metals fabricator located in Fresno, California, to its expanding network due to its advanced, specialised metals processing and fabricating operations.
“Excelsior has built a strong reputation for advanced processing and customer service. This acquisition strengthens the Ryerson network of value-added service centres, allowing us to provide better experiences and an extended suite of metal processing solutions for customers in the western United States,” says Ryerson’s west region president Steve Bosway.
This latest acquisition by Ryerson follows the company’s previous acquisition of the Midwestern value-added processor Howard Precision Metals earlier this fall.
“Since 1996, Excelsior has served customers with the equipment and expertise to exceed their expectations. We are pleased to continue that legacy as the newest member of the Ryerson Family of Companies,” adds Exclesior ceo and founder Ray Roush.
Ryerson plans to announce its earnings results for the third quarter later this week.
Zach Johnson USA