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The board of directors of Nucor Corporation declared the regular quarterly cash dividend of $0.3775 per share on Nucor’s common stock.  

This cash dividend is payable on August 11, 2017 to stockholders of record on June 30, 2017, and is Nucor’s 177th consecutive quarterly cash dividend.

Published in the July 2017 Edition of American Recycler News

Bunting® Magnetics Co., a leader in moving, removing and holding metal through a line of metal detection and magnetic separation equipment, has appointed David Bocanegra as its newest member of the international sales team supporting existing customers and generating sales throughout Mexico. Bocanegra joins Bunting Magnetics with 10 years of sales and engineering experience. Bocanegra’s focus will be face-to-face customer contact, training distributors and providing on-site customer support and advice on solving metal contamination problems.

Based in Querétaro, Mexico, Bocanegra will be responsible for selling the complete line of Bunting products including magnetic separation, metal detection and recycling equipment throughout Mexico.

After studying robotics engineering in Mexico City, Bocanegra spent 10 years in the automation industry in engineering and quality. Prior to joining Bunting Magnetics, Bocanegra held a senior sales position for a multinational corporation focused in the packaging industry.

Published in the July 2017 Edition of American Recycler News

Untha shredding technology America, Inc. continues to grow and has added another member to its staff.  Located in Hampton, New Hampshire, Untha America is a division of the Austrian based Untha shredding technology GmbH, providers of size reduction equipment for the recycling industry.

Joining the U.S. team is Kenneth Tran as a sales engineer. Tran will service clients throughout the U.S. and Canada, and will specialize in those involved in the recycling of plastics. He will primarily be based at Untha’s Nashville, Tennessee office, but will also work out of the Hampton headquarters.  

Tran has an extensive background in recycling sales, especially in the area of equipment for recycling plastics. He notes that there is an extensive need for recycling equipment that can handle plastics in a multitude of industries.

Published in the July 2017 Edition of American Recycler News

ALLU Inc., based in Teterboro, New Jersey, named Scott Stogsdill as its new territory sales manager for the western U.S. He will be responsible for working with ALLU’s dealers in the Western U.S., as well as field sales activities.

Stogsdill brings decades of construction and technology sales experience to ALLU. Prior to joining the company, he served four years as sales manager, western U.S. and Mexico, for Sandvik Mining & Rock Technology’s Conveyor Products Division.

Published in the July 2017 Edition of American Recycler News

Gershman, Brickner & Bratton, Inc. (GBB) disclosed that Seth Myones has joined the firm as special principal associate – financial advisory services. He has over 30 years of experience in the waste and environmental services, industrial services and waste-to-energy with in-depth strategic, commercial, operational, and technical expertise.

Myones is a progressive, integrity-driven senior executive with extensive execution experience and skill in establishing and heading world-class business and operations, both domestically and globally, and expertise in project & debt financing and restructuring. He also has a strong history in profit & loss leadership roles and in significantly growing enterprise value by improving revenues and operating margins through greenfield, organic growth, and mergers and acquisitions business development activities as well as tightly managing operating costs including instituting process and continuous improvement initiatives and organizational restructurings.

Myones recently served as an operating advisor at Pegasus Capital Advisors, a private equity firm, on its recycling and environmental services portfolio companies and related industry opportunities. He was previously employed by Covanta Energy Corporation for more than 25 years in profit & loss leadership roles and was a member of the senior executive team for over 15 years, with roles as chief operating officer, president – Covanta Americas, and senior vice president of business.

Published in the July 2017 Edition of American Recycler News

The Timken Company board of directors has elected Elizabeth A. “Ann” Harrell a director of the company, effective August 1, 2017, for a term that expires at its May 2018 annual meeting. The election will bring The Timken Company board to 12 members.

Harrell is a retired major general, serving more than 30 years with the U.S. Air Force. During her military career, Harrell held a wide range of positions in the U.S., Germany and South Korea specializing in aircraft fleet maintenance and sustainment. As the director of maintenance and logistics stationed at Langley Air Force Base, Virginia, she was influential in the planning and execution for F-22 and F-35 platforms and worked closely with manufacturers in the civilian sector to develop airframes, engines and components for aircrafts.

Harrell is a member of the Advisory Board for the Museum of the United States Air Force and has also served on the General Electric Corporation Senior Advisory Committee for its Internal Veterans’ Network.   

She holds a bachelor’s degree in history from Emory University and a master’s degree in human resource management from Troy State University. Harrell is also a distinguished graduate of the Squadron Officer School at Maxwell Air Force Base, Alabama.

Published in the July 2017 Edition of American Recycler News