Trinity Metals purchases building in Indianapolis

Company previously leased the property.

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April 24, 2018
Edited by DeAnne Toto
Financial Nonferrous

Trinity Metals, headquartered in Indianapolis, says April 17, 2018, it finalized the purchase of a 70,500-square-foot specialty metals processing facility it previously had leased. The building houses value-added processing equipment and processes 40 million pounds of aluminum and other nonferrous scrap metals per year, the company says.

Trinity Metals is a processor and wholesaler of nonferrous, ferrous, specialty metals and e-scrap and has been operating since August 2001.

Wade Conner, CEO of Trinity Metals, says, “Trinity is very pleased with this acquisition. It consolidates all of Trinity’s operations under one umbrella and gives us long-term control over all of our Indianapolis operations.”

He continues, “Trinity had leased this property for many years and, when the owner expressed an interest to sell, we seized the opportunity.”

Conner thanks senior partner, Hari Agrawal (owner of CNA Metals in Houston), for his support and help in the purchase. “It would not be possible for Trinity to be where it is today without his support and willingness to reinvest in the company.”