Two recyclers merge in wake of lawsuit
Jul 02, 2014 | 04:20 PM
| Sean Davidson
NEW YORK Wise Metals Group LLC has merged its Wise Recycling LLC business with Source Recycling LLC after suing the company and three of its senior staff for alleged breach of contract, unfair and deceptive trade practices and misappropriation of Wise Recyclings trade secrets.
Muscle Shoals, Ala.-based Wise Metals Group announced July 1 that the two Clayton, N.C.-based recycling businesses have combined to form a new entity, Wise Recycling, that will comprise five Wise Recycling yards in Colorado, Florida, North Carolina and Virginia; Wises network of feeder locations in six states; Source Recyclings three yards in Maryland and North Carolina; and....
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