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The Institute of Scrap Recycling Industries (ISRI), will honor retired ISRI executive director Dr. Herschel Cutler and recently retired Caraustar executive Crawford Carpenter, with the 2017 ISRI Lifetime Achievement Award. The awards will be presented during ISRI’s annual convention and exposition.

Johnson Controls, finalized an agreement covering North America, China and Europe for a cutting edge electrochemical battery recycling technology. Under terms of a multi-faceted deal, the company is investing in Aqua Metals.

The board of directors of The Timken Company, a global leader in bearings and mechanical power transmission products, declared a quarterly cash dividend of $.26 per share. The dividend is payable on March 3, 2017, to shareholders of record as of February 22, 2017.

This marks the 379th consecutive quarterly dividend paid on the common shares of the company since The Timken Company joined the New York Stock Exchange in 1922, one of the longest running dividend records among NYSE-listed companies.

Published in the March 2017 Edition of American Recycler News

For the past eight years, Gershow Recycling has opened its Medford facility to local FIRST® (For Inspiration and Recognition of Science and Technology) Long Island robotics teams, including coaches, students and their parents, to enable the teams to collect aluminum scrap metal.

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 2,686,000 net tons (NT) of steel in December 2016, including 2,146,000 net tons (NT) of finished steel (down 4.3 percent and up 0.6 percent, respectively, vs. November final data).

Nucor Corporation announced consolidated net earnings of $159.6 million, or $0.50 per diluted share, for the fourth quarter of 2016 and $796.2 million, or $2.48 per diluted share, for fiscal 2016.