NEW YORK Sadoff Iron
& Metal Co. will relocate its Lincoln, Neb., scrap
processing operation to a larger site nearby after having
"outgrown" its existing facility, chief executive officer Mark
Lasky told AMM.
The new site, a 13-acre
brownfield location in Lincoln Airpark, will replace the
companys existing 2.5-acre split-location site early next
year, Lasky said. "The plan is to break ground in September
2012, and were hoping for project completion in March
The new site will include a
15,000-square-foot nonferrous metal warehouse, a
7,000-square-foot work section for an industrial production
scrap baler and an additional covered roof area for scrap metal
dropoffs, Sadoff said in a statement announcing the
The new facility, which will
process both ferrous and nonferrous metals, will allow the
company to better serve the industrial and scrap retail markets
in the region, the company said.
"We have plans to go after
industrial business more aggressively (from the new site).
Its not something weve been focusing on," Lasky
said, declining to name specific volume targets.
The company also will look at
expanding into additional grades and processing technologies
after moving to the new site, including the possible purchase
of vehicle bodies, Lasky said.
The new site will be built in
partnership with the Lincoln Airport Authority, Sadoff said,
noting that the authority will issue industrial revenue bonds
to cover the cost of the project, which will be repaid by
Sadoff via a long-term lease agreement.
Sadoff, which operates six
Wisconsin facilities in addition to the Lincoln site, is a
subsidiary of Fond du Lac, Wis.-based Sadoff & Rudoy