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Section 1: 8-K (8-K)

8-K

 

 

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): April 4, 2018

 

 

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 W. Monroe St., 27th Floor,

Chicago, IL 60606

(Address of principal executive offices and zip code)

(312) 292-5000

(Registrant’s 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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

        Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

 

 


Item 8.01 Other Events.

On April 4, 2018, Ryerson Holding Corporation announced that it acquired Fanello Industries (“Fanello”), a privately owned metal service company located in Lavonia, Georgia. Fanello is a processor and service provider that supplies blanking, stamping, laser cutting, bending, and machining metal solutions to a diverse group of industries in the Southeastern United States. Terms of the transaction were not disclosed. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

d) Exhibits

The following exhibit is furnished with this report:

 

Exhibit Number

  

Exhibit Title or Description

99.1    Ryerson Holding Corporation press release dated April 4, 2018.


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: April 4, 2018

 

RYERSON HOLDING CORPORATION

By:

 

/s/ Erich S. Schnaufer

Name:

 

Erich S. Schnaufer

Title:

 

Chief Financial Officer

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Section 2: EX-99.1 (EX-99.1)

EX-99.1

Exhibit 99.1

Media and Investor contact:

Jeff Horwitz

Investor Relations

312.292.5130

investorinfo@ryerson.com

Ryerson Acquires Fanello Industries

(Chicago – April 4, 2018) Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it acquired Fanello Industries (“Fanello”), a privately-owned metal service company located in Lavonia, Georgia. Fanello is a processor and service provider that supplies blanking, stamping, laser cutting, bending, and machining metal solutions to a diverse group of industries in the Southeastern United States. The Company employs approximately 150 people and has annual revenue of approximately $20 million.

“Fanello Industries has built an excellent reputation by designing custom metal stamping, machining, and tool and die solutions for its customers. When we say that we have a passion for the customer experience, that passion is embodied in Fanello,” said Eddie Lehner, Ryerson’s President and Chief Executive Officer. “The acquisition of Fanello increases our breadth of value-added services that we can leverage across our intelligent service center network to create great experiences for Ryerson’s current and future customers.”

Added Kevin Richardson, Ryerson’s President, South-East Region, “We are excited to welcome Fanello Industries to Ryerson. We have worked closely with Vince Fanello and his management team for many years both as a customer and a supplier of value-added fabrication services. Fanello will be an excellent extension of our supply chain given its outstanding reputation for quality and broad capabilities in stamping and metal fabrication. Fanello will continue to service the market under its own brand name and we look forward to collaborating with its team as we join forces.”

Vince Fanello, Chief Executive Officer of Fanello Industries, stated, “This year Fanello Industries enjoyed its 20th anniversary, and the opportunity to join Ryerson allows our customers to enjoy the continued service and dedication they have enjoyed in the past, while combining our depth of knowledge in the metals industry enhances our product offering in the future. Joining a company that measures success in centuries is an honor for all of us at Fanello Industries.”

About Ryerson

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 employs around 3,600 employees in approximately 100 locations. Visit Ryerson at www.ryerson.com.

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