Business Briefs

Nucor affiliates acquire two recycling businesses

Nucor Corporation announced two acquisitions on behalf of The David J. Joseph Company. The addition of these new recycling locations, representing a 10 percent growth in capacity, is consistent with Nucor’s growth strategy and demonstrates their commitment to expanding the regional recycling platforms supporting their steel mills.

Advantage Metals Recycling (AMR) completed the purchase of Grossman Iron and Steel located in St. Louis, Missouri. This acquisition brings AMR’s total number of recycling facilities to 12.

Trademark Metals Recycling LLC (TMR) has agreed to purchase the assets of Garden Street Iron & Metal Inc. located in Fort Myers, Florida. This acquisition brings TMR’s total number of recycling facilities to 26.

Published in the November 2021 Edition

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