Allied Alloys, a privately held metal recycling and processing company based in Houston, has acquired Nico Alloys of California. Nico Alloys specializes in the processing of nickel-based scrap metal, with operations in Los Angeles and a corporate office in Northern California. Allied says the acquisition will provide it with a West Coast presence, helping the company to better serve customers in the Far East and Asia.
"The addition extends the gateway to the West, experienced talent and a great reputation," says Jeremy Blachman, COO and CFO of Allied Alloys. "It is a strategic addition to the nickel-based scrap metal processing and blending that we already perform, with the addition of new capabilities that will extend our industry leadership."
Larry Levine, founder and majority owner of Nico Alloys, comments, “We are so happy to be part of the Allied Alloys family. The knowledge, expertise and experience that Allied Alloys has will benefit our suppliers and customers.”
Denyse MacMillan, a partner at Nico Alloys, adds, "Allied is a recognized leader in the scrap metal industry, and we are proud to be a part of their team."
Allied Alloys is a full-service metal recycling and processing company that has an international brokerage alliance with Titan Metals, based in Houston. Allied operates four facilities as well as a Dallas location and specializes in custom blends for stainless and specialty mills. Key services and facilities offered by Allied include an in-house laboratory, detailed traceability of materials, customized programs and extensive warehouse space for processing and storage, the company reports. The operation serves buyers and sellers around the world.
For further information about Allied Alloys, call Nidhi Turakhia at 713-643-6966 or email email@example.com.