Chicago-based Kreher Steel Co. has acquired Canonsburg-based Ritchey Metals Co. The deal expands Kreher's manufacturing footprint and adds more than 120,000 tons of annual alloy output capacity.
"This acquisition aligns with our long-term strategy to strengthen our manufacturing and processing capabilities and will provide us with the opportunity to serve customers across various additional industries," Kreher CEO Scott Stephens said. "We are committed to ensuring a smooth transition for Ritchey’s employees and maintaining the quality and efficiency their customers and suppliers have come to expect."
Ritchey Metals produces zinc and aluminum alloys and is the largest zinc-aluminum steel coatings alloyer in North America. It employs more than 100 workers at two facilities in Western Pennsylvania.
