Ryerson Expands Portfolio with Acquisition of Production Metals

Ryerson, a leading metals service center, has strengthened its position in the U.S. Northeast by acquiring Production Metals, a specialty steels distributor based in Monroe, Connecticut. The acquisition, announced on August 2, broadens Ryerson’s portfolio, adding a variety of aluminum, stainless steel, and brass products, which Production Metals supplies across the New England region.

Production Metals is known for offering a range of alloys in various forms, including bars, plates, tubes, sheets, and angles. This acquisition is particularly significant for Ryerson as it enhances the company’s exposure to key industries such as aerospace, defense, and semiconductors—sectors that are central to Production Metals' customer base.

While the financial terms of the deal have not been disclosed, Ryerson emphasized that the addition of Production Metals aligns with its strategic goals of expanding its footprint in high-demand markets and diversifying its product offerings.