Ryerson Inc. (RYI) Acquires Excelsior
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Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today its acquisition of Excelsior, Inc. ("Excelsior"). Based in Fresno, California, Excelsior is a full-service fabrication and machining company with advanced processing capabilities including machining centers, laser and waterjet cutting, welding, and complex assemblies.
"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 United States."
"Since 1996, Excelsior has served customers with the equipment and expertise to exceed their expectations," added Ray Roush, Excelsior's CEO and Founder. "We are pleased to continue that legacy as the newest member of the Ryerson Family of Companies."
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