NEW YORK Rochester Aluminum Smelting Canada Ltd. has acquired aluminum scrap processor Greenway Industries Corp.
Concord, Ontario-based Greenway Industries is equipped with two tilting rotary furnaces to which Rochester Aluminum Smelting will add an additional furnace, scheduled to go online in the second quarter, the company said Jan. 7.
"Greenways 55,000-square-foot facility is located on our 10-acre plot of land and is next to our smelting operation," Rochester Aluminum Smelting president Jerry Golden told AMM. "This acquisition will give us the opportunity to provide tolling services to our existing customers and increase our own casting abilities."
Golden added that his son, Simon, will head up operations at Greenway Industries, which will continue to function as a wholly owned and separate entity, and integrate the facility into Rochesters smelting operations.
Greenway Industries will continue to offer tolling services to aluminum plants, Golden said, adding that a single rotary will be dedicated to supplying Rochesters deoxidized aluminum, or deox, operation with molten metal and sows, adding about 3 million pounds per month to Rochester Aluminum Smeltings casting capabilities.
Rochester Aluminum Smelting, also based in Concord, is an integrated secondary aluminum smelter that produces a range of products for the steel and die casting industries throughout North America.