On Dec. 4, Chicago-based industrial metals processor and distributor Ryerson announced its acquisition of Cerritos, California-based Hudson Tool Steel Corporation, a supplier of tool steels and high-speed, carbon and alloy steels.

“Hudson’s offering of high-quality standard and specialty-grade tool steel builds upon Ryerson’s expanding tool steel business,” said Mike Burbach, Ryerson’s Chief Operating Officer.

“We’re excited to continue our strategic growth within the North American tool steel market as part of the Ryerson Family of Companies,” added Rick Resner, Hudson’s President.

This is Ryerson’s fourth acquisition of 2023, following their acquisitions of BLP Holdings, Norlen Inc. and TSA Processing.