Joseph T. Ryerson & Son, Inc. is a services company that processes and distributes metals, with operations in the United States, Mexico, Canada, and China. Founded in 1842, Ryerson is headquartered in Chicago and employs approximately 4,200 employees at about 100 locations.

Current operations

In addition to the United States, Ryerson has operations in Canada, China, and Mexico. Foreign operations accounted for less than 12% of total revenue in 2015.

History

The company was founded in 1842. In the early 1900s, when

Ford Motor Company Ford Motor Company (commonly known as Ford) is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobi ...

started producing vehicles, Ryerson supplied it with steel. In 1935, the company merged with

Inland Steel Company The Inland Steel Company was an American steel company active in 1893–1998. Its history as an independent firm thus spanned much of the 20th century. It was headquartered in Chicago at the landmark Inland Steel Building. Inland Steel was an i ...

. In 1946, the company owned a plant in

Los Angeles, California Los Angeles ( ; es, Los Ángeles, link=no , ), often referred to by its initials L.A., is the largest city in the state of California and the second most populous city in the United States after New York City, as well as one of the world' ...

, its first plant on the West Coast.Ryerson: History
/ref> In 2005, the company acquired Integris Metals. In 2007, the company was acquired by

Platinum Equity Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia. History Platinum Equity was founded in 199 ...

. In 2014, the company went public via an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

. The old Ryerson Steel mill at 18th Street and Rockwell Avenue in Chicago was purchased by the

Lagunitas Brewing Company The Lagunitas Brewing Company, founded in 1993 in Lagunitas, California, is a subsidiary of Heineken International. Before Heineken bought a 50% share of the company in 2015, the company met the definition of a craft brewery. Two years prior it ...

in 2012.

References

External links

Companies based in Chicago Companies listed on the New York Stock Exchange 2014 initial public offerings {{Illinois-stub