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Home arrow Archives arrow News arrow PSC Metals Gains New Recycler
PSC Metals Gains New Recycler Print E-mail
Released on Thursday, January 18, 2007

PSC Metals Inc., Mayfield Heights, Ohio, announced the acquisition of the ferrous and nonferrous assets at the Akron and Barberton, Ohio, facilities of Ravenna Salvage Inc., which had conducted business as Akron Recycling.

According to a company press release, PSC has announced a series of moves in recent months. Benjamin M. Blemker, president and chief executive officer, said the two facilities will provide additional volume for PSC’s new Canton, Ohio-based shredder. Blemker said the acquisition also will complement PSC’s recent investments in nonferrous operations in Canton and Cleveland.

Akron Recycling, founded in 1995, has approximately 45 employees and will operate under the PSC Metals banner. Under terms of the agreement, Akron Recycling’s owner, Don Schnackel, will retain Akron’s iron-processing business, which now will be called Akron Iron & Metal LLC.

Last year, PSC upgraded its Canton location into a full-service nonferrous operation. It built a dedicated structure for storing, processing and preparing larger volumes of nonferrous materials. It added new, computerized touch-screen technology that speeds customer transactions and reduces waiting time for nonferrous settlements.

PSC’s Cleveland yard will launch its nonferrous operations within several weeks. The company also has nonferrous operations in the Southeast and in Beaver Falls, Pa.

 
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