PITTSBURGH Steel City Recycling LLC, a conglomerate of
industry veterans, has acquired Sims Metal Management
Ltd.s shredder plant in Birmingham, Ala., and a scrap
processing yard in West Point, Miss., to serve as its flagship
for the launch of a regional effort.
The deal had been in the works for some time (
amm.com, April 8
Sims Metal has officially exited the Birmingham market but is
still active in the Alabama and Mississippi markets, a
company spokesman told AMM
Birmingham-based Steel City Recycling is a joint venture that
comprises Danny, Rick and Marty Rifkin of Waterloo, Ind.-based
MetalX LLC; George and Paul Dreher of Birmingham-based
Jefferson Iron & Metal Brokerage Co.; and John and John W.
Marynowski of Atlanta-based Intonu LLC.
The three families also hold a stake in ARC Alabama LLC, a
recycling entity that can process 250,000 tons per year of auto
Were looking forward to an opportunity to build a
solid new business in the South. Despite tough conditions, we
think our focus on business fundamentals, customer service, and
our employees will result in the growth of a great
company, John Marynowski said.
Chuck Miller, who will serve as the companys president,
most recently worked as a regional manager for Commercial
Metals Co.s recycling division. Miller will initially
focus on the processing capabilities that were part of the
A 6,000-horsepower shredder, two Harris shears, an HRB-type
nonferrous baler, and a wire-chopping line to recover aluminum
and copper from insulated wire and cable were included in the
Industrial customers and consumers will be serviced through a
fleet of trucks, trailers and containers. The two facilities
will initially employ 60 workers but may have as many as 100
employees within a few years.
We expect the purchase of these facilities to establish a
foundation for the growth of a leading regional scrap company.
Were also very proud to be able to provide new jobs in a
still-difficult environment, Paul Dreher said.
The scales will open July 29. The company received approval
from the Birmingham City Council for a scrap metal processors
license July 23 and a business privilege license was obtained
in West Point July 10.