Chicago-based Ryerson Holding Corporation, a distributor and value-added processor of industrial metals, announced today that it acquired Guy Metals, Inc., a privately-owned metal service center company located in Hammond, Wisconsin.
Guy Metals processes stainless steel and nickel alloy products used in food, dairy, pharmaceutical, and beverage applications. The Company employs 70 people and has annual revenue of approximately $35 million. Consistent with the recent Laserflex acquisition, Guy Metals bolsters Ryerson's value-added processing capabilities to provide additional services to its customers.
Mike Burbach, Ryerson's President, North-West Region said in a statement, "Guy Metals is an outstanding company known for top quality products and innovative finishes for the stainless steel industry that complement Ryerson's extensive stainless offering. We are excited to have the Guy Metals team join the Ryerson family."