- Ryerson ( NYSE: RYI ) on Tuesday said it had acquired California-based fabrication and machining company Excelsior.
- Terms of the deal were not disclosed.
- The acquisition will help RYI provide an "extended suite of metal processing solutions for customers in the Western United States," the company said in a statement .
- According to RYI, Excelsior has processing capabilities such as machining centers, laser and waterjet cutting, welding, and complex assemblies.
- Chicago, Ill.-based RYI is a processor and distributor of industrial metals, with operations in the U.S., Canada, Mexico and China.
- RYI stock -2.1% to $32.60 after hours.
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Ryerson acquires fabrication and machining company Excelsior