Deal makes Alter the largest metals recycling company in Nebraska.
Alter Trading Corp., St. Louis, has acquired Columbus Metal Industries, based in Nebraska. Alter says the acquisition will result in it becoming the company the largest metals recycling firm in Nebraska.
“We are pleased to welcome Columbus Metals Industries (CMI) into the Alter family,” says Jay Robinovitz, Alter’s president and chief operating officer. “The addition of the six CMI facilities strategically located along the I-80 corridor, including its two shredders (in Columbus and Kearney, Neb.), two auto parts facilities and its strong team of dedicated employees makes this an excellent addition to Alter’s western region.”
Adds Mike Vail, Alter’s vice president of operations, “This combination of two strong companies expands our processing capabilities and will allow Alter to offer superior service to customers throughout the region and beyond.”
With the addition of the CMI recycling locations, Alter Trading will have 10 collection and processing locations in Nebraska and a total of 51 metal recycling facilities in the United States.