# Ryerson acquires Fanello Industries metal service company

Ryerson Holding Corporation acquired Fanello Industries, a privately-owned metal service company in Lavonia, Georgia. Fanello provides blanking, stamping, laser cutting, bending, and machining metal solutions and employs approximately 150 people with annual revenue of about $20 million.

- Type: Acquisition
- Announced: 2018-04-04
- Where: Lavonia, Georgia, United States
- Jobs: 150
- Status: completed
- Products: metal stamping, machining, tool and die solutions, laser cutting, bending
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Ryerson Holding Corporation](https://endata.com/companies/31102.md) (acquirer)
- [Fanello Industries](https://endata.com/companies/31103.md) (target)

## Sources

- [ir.ryerson.com](https://ir.ryerson.com/news/news-details/2018/Ryerson-Acquires-Fanello-Industries/default.aspx), 2018-04-04: "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."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.