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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ryerson Holding Corporation | NYSE:RYI | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.29 | -1.25% | 23.00 | 23.72 | 22.32 | 23.58 | 670,714 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 5, 2015
Ryerson Holding Corporation
(Exact name of registrant as specified in its charter)
Delaware | 001-34735 | 26-1251524 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
227 West Monroe, 27th Floor, Chicago, IL 60606
(Address of principal executive offices and zip code)
(312) 292-5000
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01. Other Events.
On January 5, 2015, Ryerson Holding Corporation announced that it acquired Fay Industries, Inc.., a metals service center company located in Strongsville, Ohio. Terms of the transaction were not disclosed.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibit is being filed with this Current Report on Form 8-K:
99.1 | Press Release, dated January 5, 2015. |
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: January 5, 2015
RYERSON HOLDING CORPORATION | ||
By: | /s/ Erich Schnaufer | |
Name: | Erich Schnaufer | |
Title: | Controller & Chief Accounting Officer |
3
Exhibit Index
Exhibit # |
Description | |
99.1 | Press Release, dated January 5, 2015 |
4
Exhibit 99.1
Media and Investor contact:
Christopher Bona
312-292-5052
mediainfo@ryerson.com
RYERSON ACQUIRES FAY INDUSTRIES
Acquisition Strengthens Bar and Tube Processing Services
(Chicago, IL January 5, 2015) Ryerson Holding Corporation (NYSE: RYI), a leading processor and distributor of metals, announced today that it acquired Fay Industries, Inc., a privately-owned metals service center company located in Strongsville, Ohio. The acquisition further strengthens Ryersons long products and saw cutting processing capabilities, and its ability to serve industries including heavy equipment, mining, oil and gas, and industrial maintenance and repair.
Fay Industries employs around 65 employees in one location and has annual revenue of approximately $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, Ryersons president and chief executive officer.
The acquisition of Fay Industries is part of Ryersons broader strategy to expand its long and plate product offerings, processing services and geographic reach.
- more -
RYERSON ACQUIRES FAY INDUSTRIES, PAGE 2
We continue to look for acquisitions like Fay Industries that foster business growth, added Arnold.
We are thrilled to join Ryerson, said Craig Notarianni, vice president of Fay Industries. As part of Ryerson, Fay Industries will be able to offer our loyal customers the benefits of a global networked service company with a broad product line and value-added services portfolio. We are also excited for our loyal employees to realize the support and benefits of being part of the Ryerson family.
About Ryerson
Ryerson is a processor and distributor of metals with operations in the United States, Mexico, Canada, China and Brazil. The company serves end-markets including oil and gas, industrial equipment, transportation equipment, heavy equipment and electrical machinery. Founded in 1842, Ryerson is headquartered in the United States and employs approximately 4,000 employees in more than 100 locations. Visit Ryerson at www.ryerson.com.
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