Ryerson

Leading distributor and processor of metals.

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Headquarters:
2621 W. 15th Place
Chicago, IL 60608
Employees: 5,300
CEO: Neil Novich
Stock Symbol: RYI

Website: http://www.ryerson.com

Career Site

Ryerson is North America's leading distributor and processor of metals including aluminum, stainless steel, nickel alloys, brass and copper, carbon and plastics. The company serves customers through a network of service centers across the United States and in Canada, Mexico, and India. On January 1, 2006, the company changed its name to Ryerson Inc. from Ryerson Tull, Inc. and adopted the ticker symbol "RYI".

Ryerson offers a complete line of processing capabilities to produce anything from simple shapes to complex sub-assemblies. Customers can get raw materials transformed to finished parts all from one convenient source.

The company reported record revenues of $5.8 billion, a 75.1% increase from the previous year, aided by 41% increase in metal prices per ton. Net income was $104.1 million.

History

In 1842, Joseph T. Ryerson arrives in Chicago as an agent for a Pennsylvania ironmaster and leases a two-story building on the banks of the Chicago River - the beginning of Joseph T. Ryerson, Inc.

Before 1996, Ryerson was a wholly owned subsidiary of Inland Steel Industries.
- In June 1996, Ryerson completed an initial public offering of 13 percent of its stock.
- In February 1999, Ryerson merged with Inland Steel Industries, becoming an independent, publicly traded company.
- In January 2005, Ryerson acquired Integris Metals, Inc. from its shareholders Alcoa, Inc. and BHP Billiton.

Benefits

Eligibility for most benefits begins on the date of hire.

Medical
In most locations you will have a great deal of choice when it comes to healthcare insurance. Ryerson's Comprehensive Healthcare Plan operates as a PPO, offering you a choice of doctors and lower out-of-pocket costs when you go "in-network," yet retaining your flexibility to go "out-of network" at your discretion.
Depending on your location, you may have the opportunity to select one of many well-regarded HMOs.

Dental
Our dental plan offers preventative care and assistance with other treatments, including orthodontic care. You may see any dentist your wish, but through access to the Delta Dental network you may receive lower, negotiated rates when you see a network dentist.
401 (k)
Through the Ryerson Savings Plan you can immediately begin to build financial security for your future. There is no waiting period to begin your contributions, and the company will automatically match your contributions ­ dollar for dollar ­ up to the first 4% of base pay. Additionally, whether you choose to save your own money or not, the company will provide you with an annual contribution equal to 2% of base pay. Finally, when we meet or exceed our business goals, you will receive an additional contribution up to 10% of base pay.
Life Insurance
Our plan automatically provides a basic life insurance benefit equal to 2 ? times annual base pay at no cost to you. For those who want to supplement this coverage, Ryerson gives you the option to purchase optional life insurance for you and your dependents. Optional Accidental Death and Dismemberment insurance is also available for purchase.
Short and Long Term Disability
Ryerson provides short and long term disability coverage at no cost to you. The amount and duration of the benefit depends upon your length of service when the disability begins.
Vacation
A set amount of vacation is earned each year, based on years of service, beginning with 1 week after 6 months of service.
Holidays
Ryerson offers 9 paid holidays each year. The schedule varies slightly based on location.
Tuition Reimbursement
When you're enrolled in a company-approved degree program that is business related, your tuition and fees for course work will be reimbursed at a rate determined by your grade in the course.

Although benefit plans vary by location, all Ryerson locations offer some form of the following:
· Medical coverage
· Dental coverage
· Life insurance
· Retirement plan
· Paid vacation
· Paid holidays

Updated April 9, 2006

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