Ryerson Holding Corporation, a leading value-added processor and distributor of industrial metals, held a groundbreaking ceremony for its new 900,000 sq.ft. state of the art facility – a service center facility and headquarters for its wholly-owned subsidiary, Central Steel & Wire (CS&W).
Located in University Park, Illinois which is a southern suburb of Chicago, the new facility will provide over 300 jobs and will feature expanded bar and tube processing equipment. The facility is expected to be operational by the middle of 2023.
“We have been creating and providing family wage jobs for a combined 293 years as Ryerson was founded in Chicago in 1842 and CS&W was founded in Chicago in 1909. How many things do you know that have lasted that long?” asked Eddie Lehner, Ryerson President & CEO, in a speech delivered at the ceremony. “It speaks to the durability, resiliency and potential that brings us all here today. Our mission, our passion and our purpose is to provide great experiences for our customers, employees, shareholders, suppliers and communities. Great experiences never go out of style and we need them now more than ever.”