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Ryerson acquires Southern Tool Steel

Metals distributor and processor Ryerson Holding Corp., Chicago, has acquired Southern Tool Steel (STS), a privately owned metals service center company based in Chattanooga, Tenn., specializing in bar and plate processing.

STS has two locations and about 90 employees serving the southeastern U.S. Its customer base includes machine shops, tool and die shops, energy providers, automotive manufacturers, appliance manufacturers, and aerospace parts manufacturers.