Ryerson Acquires Specialty Metals Processing
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Ryerson has acquired Specialty Metals Processing (SMP), a toll processor located in Stow, Ohio. SMP processes stainless steel, aluminum, titanium and nickel alloy products in a variety of industries. SMP’s expertise in buffing, grinding, and polishing finishes adds to Ryerson’s value-added processing capabilities to provide better customer experiences.
“We are pleased to welcome SMP to the Ryerson family of companies as a recognized leader in toll processing,” said Eddie Lehner, Ryerson’s president and chief executive officer.
“This strategic acquisition builds upon our value-added capabilities and further strengthens our excellent stainless products franchise while reinforcing our mission of providing great customer experiences across our network of intelligently connected industrial metals service centers,” added Lehner.
“SMP is renowned for its expertise in flat roll polishing and will enhance Ryerson’s stainless processing capabilities providing a more complete and integrated value-added experience for our stainless customers. We are delighted to have SMP join the Ryerson family of companies,” said Mike Burbach, Ryerson’s chief operating officer.
“SMP is happy to have joined the Ryerson family of companies and to bring our value-added services to customers across the network. We are excited to watch our brand and business grow,” said Bob Wilson, SMP president.
About Ryerson
Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China. Founded in 1842, Ryerson has around 3,900 employees in approximately 100 locations.
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