River Metals Recycling (RMR), a wholly-owned subsidiary of The David J. Joseph Company (DJJ), has finalized the acquisition of substantially all of the metal recycling assets of Industrial Services of America, Inc. (ISA) pursuant to the definitive agreement executed on August 19, 2019.
ISA operates four metal recycling facilities in Kentucky and Indiana, including an automobile shredder and self-serve auto parts yard in Louisville, Kentucky. RMR operates 11 locations in Kentucky, Ohio, Tennessee, Indiana, Illinois and Alabama including automobile shredders in Newport and Louisville, Kentucky.
The addition of these locations is consistent with DJJ’s strategy and the commitment to grow its regional recycling platforms. The acquisition also supports an expanding consumer base of ferrous and nonferrous scrap customers in the region.