NEW YORK United Alloys & Metals Inc. is relocating its Los Angeles operations to a larger site, with an eye toward growing its business by 20 percent.
The high-temperature alloy and stainless steel recycling company, a division of Rochester, Pa.-based Cronimet Holdings Inc., is moving to a site in Santa Fe Springs, Calif., after having outgrown its current location in southern Los Angeles.
"Right now our goal is to be moved by the end of summer," United Alloys & Metals president John Churley told AMM April 8.
The company could grow its business by 20 percent with the efficiencies offered by the expanded site, he said late last year in a letter to the Santa Fe Springs (Calif.) Planning and Development department. "We have the supply and demand base to grow our business as much as 100 percent."
The company plans to expand its work force up to around 60 full-time employees from its current base of 50 as part of the move. The new facility covers 3.38 acres and already houses a 75,500-square-foot freestanding building.
The company received a conditional use permit for the new facility in March.
Cronimet Holdings is owned by Karlsruhe, Germany-based Cronimet Holding GmbH.