Ryerson

Desktop Metal Announces Sale of Production System P-50 and Super Fleet of Metal Binder Jet Systems to FreeFORM Technologies

Retrieved on: 
Monday, September 11, 2023

Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the sale of a Production System P-50 and a full fleet of metal binder jet systems to FreeFORM Technologies.

Key Points: 
  • Desktop Metal, Inc. (NYSE: DM), a global leader in additive manufacturing technologies for mass production, today announced the sale of a Production System P-50 and a full fleet of metal binder jet systems to FreeFORM Technologies.
  • View the full release here: https://www.businesswire.com/news/home/20230911784813/en/
    FreeFORM Technologies President Nate Higgins, shown in front of a Desktop Metal X25Pro, now operates the world’s largest fleet of 25 Desktop Metal binder jet 3D printers, which transform metal powder into complex end-use parts.
  • The Pennsylvania-based FreeFORM is also slated to take delivery of a Production System P-50, the world's fastest metal binder jet system with Single Pass Jetting (SPJ) technology.
  • Desktop Metal now has hundreds of Super Fleet customers worldwide delivering final production of metal, polymer, and ceramic parts with our binder jet additive manufacturing systems.

Desktop Metal Announces Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 3, 2023

Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Desktop Metal, Inc. (NYSE: DM) today announced its financial results for the second quarter ended June 30, 2023.
  • See “Non-GAAP Financial Information.”
    As announced on May 25, 2023, Stratasys and Desktop Metal entered into a definitive agreement whereby the companies will combine in an all-stock transaction valued at approximately $1.8 billion.
  • Following the closing of the transaction, legacy Desktop Metal stockholders will own approximately 41% of the combined company, and existing Stratasys shareholders will own approximately 59% of the combined company, in each case, on a fully diluted basis
    Desktop Metal will host a conference call on Thursday, August 3, 2023 to discuss second quarter 2023 results.
  • Participants may access the call at 1-888-999-3182, international callers may use 1-848-280-6330, and request to join the Desktop Metal financial results conference call.

Ryerson Announces Upcoming Investor Conference Participation Schedule

Retrieved on: 
Thursday, March 9, 2023

Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China.

Key Points: 

Wabash Supports Growth via Enhanced Supply Surety with New Ryerson 10-Year Agreement for Steel Components

Retrieved on: 
Wednesday, January 18, 2023

Under this agreement, Ryerson will be a key supplier to Wabash for steel, stainless steel and aluminum products used across Wabash’s full portfolio.

Key Points: 
  • Under this agreement, Ryerson will be a key supplier to Wabash for steel, stainless steel and aluminum products used across Wabash’s full portfolio.
  • This mutually beneficial agreement will focus on generating long-term value by optimizing the supply footprint and collaborating on innovation and continuous improvement.
  • “Ryerson is honored to enter into this agreement with Wabash,” said Jeff Redfield, Ryerson’s president, North Region and Canada.
  • Our value-added network of interconnected service centers has enabled Ryerson to reach Wabash wherever they are located.

Ryerson Celebrates 180 Year Anniversary and Provides Strategic Outlook At Investor Day

Retrieved on: 
Tuesday, November 8, 2022

Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China.

Key Points: 
  • 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 has around 4,000 employees in approximately 100 locations.
  • Ryerson does not intend to solicit, and is not soliciting, any action with respect to any Security or any other contractual relationship with the Ryerson.
  • Moreover, we caution against placing undue reliance on these statements, which speak only as of the date they were made.

TKO Miller Advises Howard Precision Metals, Inc. on its Sale to Joseph T. Ryerson & Son, Inc.

Retrieved on: 
Friday, September 2, 2022

MILWAUKEE, Sept. 2, 2022 /PRNewswire/ -- TKO Miller is pleased to announce the sale of Howard Precision Metals, Inc. (Howard), a value-added distributor of high-quality, precision-cut aluminum plate and extruded bar products, to Joseph T. Ryerson & Son, Inc. (Ryerson), a U.S. distributor of industrial metal products.

Key Points: 
  • MILWAUKEE, Sept. 2, 2022 /PRNewswire/ -- TKO Miller is pleased to announce the sale of Howard Precision Metals, Inc. (Howard), a value-added distributor of high-quality, precision-cut aluminum plate and extruded bar products, to Joseph T. Ryerson & Son, Inc. (Ryerson), a U.S. distributor of industrial metal products.
  • Founded in 1928, Howard is a third-generation, family-owned, distributor of high-quality aluminum products cut at extraordinarily tight tolerances.
  • Ryerson is a leading value-added processor and distributor of industrial metals, with operations inthe United States,Canada,Mexico, andChina.
  • TKO Miller aims to bring value to clients by combining outstanding people with a results-oriented, flexible approach to transactions.

Ryerson Announces Increase in Revolving Credit Facility Aggregate Commitments and Extension

Retrieved on: 
Thursday, June 30, 2022

CHICAGO, June 30, 2022 /PRNewswire/ --Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today that it has amended its existing asset-based revolving credit facility (as amended, the "Amended Credit Facility") to, among other things, increase the aggregate commitments to $1.3 billion from $1.0 billion and extend the maturity from November 2025 to June 2027.

Key Points: 
  • CHICAGO, June 30, 2022 /PRNewswire/ --Ryerson Holding Corporation (NYSE: RYI) (the "Company" or "Ryerson") announced today that it has amended its existing asset-based revolving credit facility (as amended, the "Amended Credit Facility") to, among other things, increase the aggregate commitments to $1.3 billion from $1.0 billion and extend the maturity from November 2025 to June 2027.
  • The Amended Credit Facility is secured by the inventory and accounts receivable of the Company's U.S. and Canadian operating subsidiaries.
  • Under the Amended Credit Facility, Ryerson will receive pricing benefits if certain financial metrics are achieved.
  • As a result of the refinancing, Ryerson will be able to lower its borrowing costs and significantly increase available liquidity.

Ryerson Holds Groundbreaking Ceremony for New Central Steel & Wire Facility

Retrieved on: 
Monday, June 6, 2022

CHICAGO, June 6, 2022 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, held a groundbreaking ceremony on June 1 for its new 900,000-square-foot state-of-the-art facility a service center facility and headquarters for its wholly-owned subsidiary, Central Steel & Wire ("CS&W").

Key Points: 
  • CHICAGO, June 6, 2022 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, held a groundbreaking ceremony on June 1 for its new 900,000-square-foot state-of-the-art facility a service center facility and headquarters for its wholly-owned subsidiary, Central Steel & Wire ("CS&W").
  • The facility is expected to be operational by the middle of 2023.
  • asked Eddie Lehner, Ryerson President & CEO, in a speech delivered at the ceremony.
  • Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China.

Ryerson to Host Earnings Call on Thursday, May 5th to Discuss First Quarter 2022 Results

Retrieved on: 
Thursday, April 14, 2022

CHICAGO, April 13, 2022 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss first quarter 2022 financial results for the period ended March 31, 2022, on Thursday, May 5th, at 10 a.m. Eastern Time.

Key Points: 
  • CHICAGO, April 13, 2022 /PRNewswire/ -- Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, announced today that it will host a conference call to discuss first quarter 2022 financial results for the period ended March 31, 2022, on Thursday, May 5th, at 10 a.m. Eastern Time.
  • The live online broadcast will be available on the Company's investor relations website, ir.ryerson.com.
  • Ryerson will report earnings after the market close on Wednesday, May 4th.
  • Ryerson is a leading value-added processor and distributor of industrial metals, with operations in the United States, Canada, Mexico, and China.

RSC Announces Inaugural Winners of the Justice Rosalie Silberman Abella Prize

Retrieved on: 
Monday, April 11, 2022

OTTAWA, April 11, 2022 (GLOBE NEWSWIRE) -- The Royal Society of Canada (RSC) has awarded the inaugural Justice Rosalie Silberman Abella Prize to a graduating student in 23 law schools in Canada.

Key Points: 
  • OTTAWA, April 11, 2022 (GLOBE NEWSWIRE) -- The Royal Society of Canada (RSC) has awarded the inaugural Justice Rosalie Silberman Abella Prize to a graduating student in 23 law schools in Canada.
  • We are very proud of the inaugural winners of the Justice Rosalie Silberman Abella Prize, who represent the values of equality and equity we need in our country as we move forward, said RSC President Dr. Jeremy N. McNeil.
  • The RSC established the Prize in honour of Justice Rosalie Silberman Abella, a changemaker celebrated for her visionary intellectual contributions and commitment to building equality and equity across Canadian society and beyond.
  • The Prize in the amount of $1,000 is presented annually to a graduating law student in every law school in Canada.