Tom Gores News, Articles, and Updates

FILED UNDER: Articles, News, Portfolio Company

Platinum Equity Company Ryerson Announces New Long Products Service Center in Houston

November 30, 2011

As reported in the Houston Business Journal,Ryerson, a Platinum Equity portfolio company and Chicago-based metals distributor and processor, is opening a new service center in Northwest Houston. The 50,000 square foot service center will primarily serve oil and gas industry customers.

The center will process and distribute products including metal bars and rods used in piping and construction, and will serve as a hub to distribute Ryerson products throughout the Southwest. This new service center marks the fourth location for Ryerson in the Houston area. Two of these four facilities came with the add-on acquisitions of Texas Steel Processing and SFI Gray Steel in 2010.

With the recent add-on acquisitions and the new service center, Ryerson expands its capabilities and distribution network. Ryerson is among the leading metals processors and distributors in North America.

Full Article »

“This further expansion just shows our complete commitment to both the Houston market and the oil and gas industry.”