Metal management
Encyclopedia
Metal Management was founded in 1983 and re-incorporated in Delaware in June 1986. Metal Management entered the scrap metal recycling industry on April 11, 1996, through its merger with EMCO Recycling Corp.
and non-ferrous metals. The company owns or operates recycling facilities in sixteen U.S. states. It resells the scrap metal it processes to both domestic and foreign customers.
From 1996 to 1998, the company underwent a significant expansion, employing the strategy of acquiring and integrating regional metal recyclers throughout the United States.Metal Management has emerged as the most diverse ,well run business of its kind in North America.
In 2007, they announced that they would be merging with Australia-based Sims Group
at a rate of $1.8 Billion USD.
Overview
Headquartered in Chicago, Illinois, Metal Management is involved in dismantling, purifying, processing, and recycling ferrousFerrous
Ferrous , in chemistry, indicates a divalent iron compound , as opposed to ferric, which indicates a trivalent iron compound ....
and non-ferrous metals. The company owns or operates recycling facilities in sixteen U.S. states. It resells the scrap metal it processes to both domestic and foreign customers.
From 1996 to 1998, the company underwent a significant expansion, employing the strategy of acquiring and integrating regional metal recyclers throughout the United States.Metal Management has emerged as the most diverse ,well run business of its kind in North America.
In 2007, they announced that they would be merging with Australia-based Sims Group
Sims Group
Sims Metal Management is a global Australian-based company that specializes in metal recycling, formerly known as Sims Group.Sims Metal Management is the world’s, as well as North America’s and Australasia’s, largest metals and electronics recycler...
at a rate of $1.8 Billion USD.
See also
- Wrecking yardWrecking yardA scrapyard or junkyard is the location of a dismantling business where wrecked or decommissioned vehicles are brought, their usable parts are sold for use in operating vehicles, while the unusable metal parts, known as scrap metal parts, are sold to metal-recycling companies...
- ScrapScrapScrap is a term used to describe recyclable and other materials left over from every manner of product consumption, such as parts of vehicles, building supplies, and surplus materials. Unlike waste, scrap has significant monetary value...
- Scrap metalScrap MetalScrap Metal were a band from Broome, Western Australia who played rock music with elements of country and reggae. The members had Aboriginal, Irish, Filipino, French, Chinese, Scottish, Indonesian and Japanese heritage. The band toured nationally as part of the Bran Nue Dae musical and with...
- Sims GroupSims GroupSims Metal Management is a global Australian-based company that specializes in metal recycling, formerly known as Sims Group.Sims Metal Management is the world’s, as well as North America’s and Australasia’s, largest metals and electronics recycler...