Metals distributor Ryerson Holding Corp. (NYSE: RYI), Chicago, IL, acquired metals services company Fay Industries, Inc., Strongsville, OH. Terms were not disclosed.
Fay Industries has around 65 employees and annual revenue of $30 million.
"Fay Industries brings extensive experience in bar and tube processing to Ryerson and advances our strategic focus on value-added customer services," said Mike Arnold, Ryerson's president and CEO.
Read the latest articles and see your reports.
The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.
Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.
By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.
Wholesale distribution news and trends delivered right to your inbox.
Sign-up for our free newsletter and get:
