Ryerson acquires Fanello Industries

Ryerson Holding Corp., Chicago, a value-added processor and distributor of industrial metals, has acquired Fanello Industries, a privately owned metal service company located in Lavonia, Ga.

Fanello supplies blanking, stamping, laser cutting, bending, and machining services to companies in the southeastern U.S. The company employs about 150 people. It will continue to do business under its own brand name.