Ryerson (company)

Ryerson Holding Corporation
Public company
Traded as NYSE: RYI
Industry Steel
Founded 1842
Headquarters Chicago, Illinois
Key people
 Edward Lehner, CEO[1][2]
Products Stainless steel
Carbon steel
Aluminum[2]
Production output
 1,897,000 tons[2]
Revenue Decrease US$3.167 billion (2015)[2]
Increase US$108 million (2015)[2]
Increase -US$1.8 million (2015)[2]
Total assets Decrease US$1.556 billion (2015)[2]
Total equity Decrease -US$141 million (2015)[2]
Owner Platinum Equity (66%)[2]
Number of employees
 3,200 persons in North America, 350 persons in China, and 50 persons in Brazil[2]
Website www.ryerson.com

Ryerson Holding Corporation is a metals distributor and processor headquartered in Chicago, Illinois.

Current operations

In addition to the United States, Ryerson has operations in Canada, China, Brazil, and Mexico. Foreign operations accounted for less than 12% of total revenue in 2015.[2]

History

The company was founded in 1842. In the early 1900s, when Ford Motor Company started producing vehicles, Ryerson supplied it with steel. In 1935, the company merged with Inland Steel Company. In 1946, the company owned a plant in Los Angeles, California, its first plant on the West Coast.[3]In 2005, the company acquired Integris Metals.[4] In 2007, the company was acquired by Platinum Equity.[3][5] In 2014, the company went public via an initial public offering.[6]

References

  1. ↑ Ryerson: Leadership
  2. 1 2 3 4 5 6 7 8 9 10 11 Ryerson Holding Corporation 2015 Form 10-K Annual Report
  3. 1 2 Ryerson: History
  4. ↑ "Ryerson Tull Completes Acquisition of Integris Metals" (Press release). PRNewswire. January 4, 2005.
  5. ↑ "Ryerson to be Acquired by Platinum Equity for $34.50 Per Share in Cash" (Press release). PRNewswire. July 24, 2007.
  6. ↑ WILLIAM ALDEN (August 8, 2014). "Ryerson, an Old Chicago Steel Company, Slumps in Market Debut". New York Times.


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