Service Centers
CS&W Signs Lease for New Headquarters South of Chicago
Written by Tim Triplett
October 9, 2021
Central Steel & Wire, a subsidiary of Ryerson Holding Corp., has signed a lease for a 900,000-square-foot service center facility in University Park, Ill., that will become CSW’s headquarters and operational hub. Strategically located just south of Chicago, the build-to-suit facility will allow the company to cover a broad geographical area.
“This new facility represents an opportunity to modernize and grow our business, underscoring our commitment to the CS&W brand that is proudly more than 110 years in the making and continuing to prosper because of the unwavering support of our customers and my CS&W colleagues,” said CS&W President Jack Barger.
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. Ryerson acquired CS&W in 2018.
Tim Triplett
Read more from Tim TriplettLatest in Service Centers
Klöckner narrows Q1 loss, targets growth in North America and Europe
Germany’s Klöckner & Co. reported a narrower loss in the first quarter as the company targets becoming the “leading” service center and metal processing firm in North America and Europe by 2030.
Russel mulls buying US service centers despite Q1 profit dip
Russel Metals’ earnings slipped in the first quarter, but the company is still eyeing service center acquisitions in the US.
Olympic Steel earnings slump in ‘challenging’ first quarter
Olympic Steel’s earnings slid in the first quarter as the steel industry faced a “challenging” economic conditions.
Olympic taps Scott for board, Rippey steps down
Olympic Steel elected Peter J. Scott to its board of directors at its annual meeting on May 2. At the same time, long-time director Michael G. Rippey has retired from the board after 10 years.
Ryerson narrows loss in first quarter
Ryerson's net loss shrinks in first quarter.