Beverly Eaves Perdue
Governor
State of North Carolina
Office of the Governor
20301 Mail Service Center • Raleigh, NC 27699-0301
April 16, 2012
Contact: Chris Mackey
Office: (919) 733-5612
Metal Processor to Create 44 Jobs in Wayne County
State Grant Helps Company Expand its Service Center in Pikeville
RALEIGH - Gov. Bev Perdue today announced that Joseph T. Ryerson & Son Inc., a leading distributor
and processor of metals, will expand its presence in Pikeville by moving into a second building and
growing its fabrication facility. The company plans to create 44 jobs and invest S3 million over the next
three years in Wayne County. The project was made possible in part by a $ 100,000 grant from the One
North Carolina Fund.
“One of the best ways to create new jobs is to create an environment that helps existing companies
expand,” Gov. Perdue said. “Ryerson is expanding in Wayne County because our investments in
education, transportation and infrastructure have built a skilled and motivated workforce and a supportive
business climate, especially for the manufacturing industry.”
Ryerson, based in Chicago, Ill., processes and distributes metals that include stainless and carbon steel,
aluminum products, brass and copper. The company sells these metals in sheets, coils, plates, bars and
other shapes, as needed by their customers. Ryerson also fabricates parts for various industries including
rail cars, heavy equipment, agricultural equipment, wind turbines and others. In addition to the Pikeville
facility, the company has service centers in Charlotte, Greensboro and Youngsville.
Salaries will vary by job function, but the average wage will be $33,540. The average annual wage in
Wayne County is $29,848.
“This new facility along with the burning and fabrication equipment will give us the resources necessary
to grow our plate and fabrication business in the Southeast. Wayne County is an ideal location with its
proximity to steel suppliers, highways and a solid labor pool” said Brad Ford, Ryerson’s Vice-President
and General Manager for the Carolinas Virginia Market.
The One NC Fund provides financial assistance, through local governments, to attract business projects
that will stimulate economic activity and create new jobs in the state. Companies receive no money up