NEWSWORTHY
>>SCRAP INDUSTRY NEWS
Metalico Completes Deals for Two Ohio Scrap Recyclers
>>ELECTRONICS RECYCLING
LifeSpan Seeks Certifications
Metalico Inc., headquartered in Cranford, N.J.,
has purchased the operating assets of Youngstown
Iron & Metal and Atlas Recycling, both located in
Youngstown, Ohio.
The acquisition includes all inventory, equipment
and real estate owned by the affiliates of the sellers
and used in their businesses. The purchase price
was not disclosed.
Acquired assets include a Newell 80-104 auto
shredder located directly adjacent to Youngstown
The shredder yard is supported by three other nearby locations, including a
ferrous and nonferrous feeder yard in Warren, Ohio, and related transportation and
maintenance facilities.
During the last two years, Youngstown Iron & Metal averaged $50 million of annual revenue and sold an annual average of 105,000 gross tons of scrap steel and
about 15 million pounds of nonferrous products. The company’s operations complement Metalico’s Akron, Ohio, scrap operations, while Metalico’s Pittsburgh regional
scrap operations are only 70 miles from the new facilities. The location will draw on
Metalico’s extensive network of scrap suppliers and its capital resources to increase
operating capacity and utilization at the shredder and elsewhere in the operations,
according to a press release from Metalico.
“The Youngstown purchase is consistent with Metalico’s expansion strategy of
penetrating geographically contiguous markets and extracting the operating synergies
that surface in consolidation,” says Carlos Aguero, Metalico president and CEO.
“As a result of the weak economy and the tight credit conditions today for smaller,
family-owned companies, we are finding realistically valued acquisition opportunities
in markets we target for expansion,” he adds.
>>ELECTRONICS RECYCLING
Two Nonprofits Partner on Electronics Recycling Clearinghouse
Two nonprofit organizations, the National Center for Electronics Recycling (NCER),
Parkersburg, W.Va., and the Northeast Recycling Council Inc. (NERC), Brattleboro, Vt., have announced the formation of the Electronics Recycling Coordination
Clearinghouse (ERCC), based in Parkersburg. The ERCC’s goal is to serve as a forum
for coordination and information exchange among state and local agencies that are
implementing electronics recycling take-back laws.
The NERC will administer the ERCC, while the NCER will act as manager.
“Despite the patchwork of state requirements on electronics recycling, the ERCC
will play a valuable role in reducing administrative overlap and simplifying compliance efforts for manufacturers and other impacted stakeholders,” says Jason Linnell,
NCER executive director.
The governance, dues structure and basic activities of the ERCC are modeled
on the successful organization currently managed by NERC known as the Toxics in
Packaging Clearinghouse.
More information will be available at www.electronicsrecycling.org/ercc.
LifeSpan Technology Recycling, based in
Newton, Mass., has begun the process
of obtaining Recycling Industry Operating Standard (RIOS) certification developed by the Institute of Scrap Recycling
Industries (ISRI), which incorporates the
U.S. Environmental Protection Agency’s
(EPA) Responsible Recycling (R2)
standards. The company also is seeking
ISO 14001 certification. The company
currently holds certifications from the
International Association of Electronics
Recyclers, which has been incorporated
into ISRI, and the National Association
for Information Destruction (NAID).
LifeSpan has engaged SGS Group, a
management systems certification body,
to oversee the certification process.
RIOS is the scrap recycling industry’s
standard for integrated quality, environmental, health and safety management
(QEHS) systems. ISRI developed RIOS to
provide a framework for effectively managing recycling operations and achieving
measurable continual improvement in
QEHS performance.
R2 is a set of voluntary practices
specific to electronic recyclers and their
management of environmental, worker
health, safety and security issues. The
R2 framework was facilitated by the
EPA in an open, multi-stakeholder forum
that included input and consensus from
electronics manufacturers, recyclers,
governmental entities and nonprofit
organizations.
ISO 14000 is a global standard for
environmental management systems
that seeks to reduce a company’s environmental footprint, pollution and waste.
16 RECYCLING TODAY // FEBRUARY 2010
www.RecyclingToday.com
