Ryerson Acquires Apogee Steel, Boosting Fabrication

Ryerson has acquired Apogee Steel Fabrication, expanding the service center’s value-added offerings in a move likened to its purchase of Specialty Metals Processing (SMP) last September. Terms of the deal were not disclosed.

Ryerson “We see Apogee strengthening Ryerson’s network of value-added service centers in Canada, adding to our processing capabilities and growing our full-service fabrication business,” said Mike Burbach, Ryerson’s COO.

Apogee, based in Mississauga, Ontario, is a full-line fabricator of stainless steel, aluminum, galvanized and carbon sheet, offering shearing, punching, forming and laser-cut processing, in addition to welding and hardware assembly services. The company serves the automotive, construction, transportation and several industrial subsectors.

“We are excited to further grow our business and expand our customer offerings by joining the Ryerson Family of Companies,” said Bob MacPherson, Apogee Steel’s president. “Ryerson’s ‘say yes and figure it out’ culture and commitment to creating excellent customer experiences are a perfect fit for our team at Apogee.”

Ryerson, headquartered in Chicago, Ill., is a leading value-added processor and distributor of industrial metals employing about 4,000 across 100 locations in the U.S., Canada, Mexico and China.

By David Schollaert, David@SteelMarketUpdate.com

David Schollaert

David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.