Ryerson Holding Corp., Chicago, announces that it has acquired the Laserflex Corp., which specializes in laser fabrication and welding, and further enhances Ryerson’s existing fabrication and metals processing capabilities. Laserflex employs more than 100 at its two locations in Columbus, Ohio, and Wellford, South Carolina, and has annual revenue of approximately $25 million.
“Laserflex and Ryerson share a passion for creating great customer experiences in the advanced fabrication of metal parts for a wide variety of original equipment manufacturers,” says Eddie Lehner, Ryerson’s President and Chief Executive Officer. “Laserflex is an integral fit to our strategy focused around speed, scale, value-added culture, and analytics.”
“The Laserflex management team has built an excellent company over the past 20 years,” added Kevin Richardson, Ryerson’s President, South-East Region. “We have worked closely with them as both a customer and a supplier of value-added services.”
“Our Laserflex team looks forward to growing and expanding our laser processing and other precision metal fabrication services throughout Ryerson’s expansive commercial network,” says Ken Kinkopf, President and Chief Executive Officer of Laserflex.
