NEW YORK David J. Joseph Co. (DJJ) will shut down a scrap recycling facility in New Mexico this week in response to difficult market conditions, a DJJ spokeswoman confirmed.
The facility in Albuquerque, N.M., part of DJJ-owned Western Metals Recycling LLC (WMR), opened in late January last year.
WMR suspended operations at its Albuquerque scrap recycling facility Nov. 16, according to the spokeswoman for DJJ, a wholly owned subsidiary of Charlotte, N.C.-based steelmaker Nucor Corp. "Nov. 16 was the last day WMR accepted scrap at the 4550 Broadway Blvd. SE recycling facility. The target date for the final closure of the recycling facility is Dec. 14," she told AMM.
The news comes within a week of the group confirming it had shut down a shredder in Henderson, Ky., operated by DJJ-owned River Metal Recycling LLC (amm.com, Dec. 6).
The Albuquerque yard, which offered processing activities like sorting, shearing and baling of ferrous and nonferrous scrap, and mobile site work like light demolition, is adjacent to sister company U-Pull-&-Pay LLC, which spans about 50 acres in Bernalillo County, N.M. (amm.com, Jan. 25, 2011).
During the plants launch in January 2011, DJJ said it would look to install an auto shredder at the Albuquerque facility as part of a second phase of expansion. However, that plan didnt materialize, AMM has been told.
Meanwhile, U-Pull-&-Pay will continue to operate its self-serve used auto parts facility, the DJJ spokeswoman said. All but two of the Albuquerque scrapyard employees are transferring to the U-Pull-&-Pay operation, she added.