Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today its acquisition of Norlen Incorporated ("Norlen"), a full-service metal fabricator based in Schofield, Wisconsin. Norlen provides stamping, machining, painting, and additional value-added fabrication services to industries including agriculture, HVAC, and defense.
"Norlen's extensive processing capabilities provide additional opportunities for Ryerson to grow our value-added business in the Midwest and beyond," said Jeff Redfield, Ryerson's President, North Region. "This acquisition will enable us to recognize synergies in supply and strengthen our network of service centers with greater in-house fabrication offerings for customers."
Corey Suthers, Norlen Vice President, stated, "Norlen has worked diligently since 1964 to expand its services to provide comprehensive metal solutions for manufacturers. We look forward to continuing to serve customers with the latest technologies as a member of the Ryerson Family of Companies."
