NEW YORK Garey
Rittenhouse has been dismissed as vice president
of nonferrous trading at PSC Metals Inc., he told
Rittenhouse said he and three
other employees were "laid off" following an issue involving
unpaid receivables from Providence, N.C.-based recycler Hayes
Iron & Metal Inc., which filed for Chapter 11 bankruptcy
protection in February (
amm.com, Feb. 6).
"While my departure from the
company was unexpected, I understand PSCs course of
action as a response to the recent bankruptcy of Hayes Iron
& Metal," Rittenhouse told AMM. "Decisions such as
this one are difficult for the company and the individuals who
Rittenhouse, who had been with
Mayfield Heights, Ohio-Based PSC Metals since March 2010, was
dismissed May 17, along with Jason Loveland, Dale Ferrero and
Brandon Bice, he said. All three were members of
Rittenhouses trading team.
PSC Metals didnt respond
to requests for comment.