PITTSBURGH TNT Metals & Recycling will open a feeder yard in Philadelphia next week, targeting the peddler trade and small industrial accounts.
"They say the Philly area is competitive, so we plan to focus on building our reputation through word of mouth by offering fair prices. We are situated in a good spot," operations manager John DiAraneo told AMM.
The business will purchase ferrous, nonferrous and electronic scrap, but plans to specialize in catalytic cores and converters. Material will be resold directly to smelters and refiners
To procure automotive scrap, workers will visit local businesses within a 40-mile radius that generate alternators, starters and cores. "We have a mobile scrapyard, which is a truck with a certified scale right on it, and can go directly to customers. ... A lot of time, the customer doesnt have time to come to us so we will make it convenient," DiAraneo said. "Our business model will be to focus on the customer. A lot of guys forget about how important customers are along the way."
TNT Metals said it plans to educate the peddler trade on how to maximize their payout on scrap by showing customers how to segregate metals.
The company has an 80,000-square-foot indoor facility with an adjacent one-acre outdoor parcel. Future plans call for the installation of a 70-foot truck scale and the purchase of autos once the companys customer base increases, DiAraneo said.