
Fresno-based metal fabricator and full-service machining firm Excelsior, Inc. has been acquired by Global metal distribution Ryerson. Excelsior image
Written by Alex Scott
Chicago-based Ryerson Holding Corp. announced Tuesday its acquisition of Fresno-based Excelsior, Inc.
Excelsior specializes in full-service metal fabrication and machining, with advancing processing capabilities including machining centers, laser and waterjet cutting, welding and complex assemblies, according to a news release.
Terms of the deal were not disclosed by Ryerson, an industrial metal distributor with about 4,000 employees in about 100 global locations, including Fresno. Ryerson trades on the New York Stock Exchange under the symbol RYI.
“Excelsior has built a strong reputation for advanced processing and customer service,” said Steve Bosway, Ryerson’s president, West region. “This acquisition strengthens the Ryerson network of value-added service centers, allowing us to provide better experiences and an extended suite of metal processing solutions for customers in the Western United States.”
Excelsior offers a range of manufacturing services centered around five main divisions: forming, machining, welding, fabrication and field installation. The firm is a licensed general contractor with projects throughout the Western U.S.
“Since 1996, Excelsior has served customers with the equipment and expertise to exceed their expectations,” added Ray Roush, Excelsior’s CEO and founder. “We are pleased to continue that legacy as the newest member of the Ryerson Family of Companies.”