Platts recognizes New York-based company as one of the top scrap recycling companies in the world.
Platts, a magazine covering the metals and metals recycling industry, has named Upstate Shredding-Ben Weitsman, Owego, N.Y., one of the world’s leading scrap metal companies. Finalists will be honored at a ceremony May 23, 2013, in London. According to Upstate, the competitive awards program honors excellence and accomplishments in the global metals industry.
Adam Weitsman, owner of Upstate, says he believes this nomination is further proof of his company's commitment to exceptional operations and dynamic growth strategies. “I am honored that our company is recognized as one of the top-five scrap companies from around the globe and that industry observers rank us amongst some of the marquee names in the scrap metal recycling world.”
Nominees were considered from across the globe. Judges selecting the finalists and winners of each category carefully examine the finalists' achievements, financial results, leadership, integrity, job growth and operational excellence before announcing in May which scrap company is considered to be the industry leader.
“By making sound decisions and by assembling some of the hardest working people in the scrap industry, we’ve had an amazing period of growth,” Weitsman says. “Our success will continue for many years to come, and being named a finalist for this award is recognition of that effort.”
Upstate Shredding’s operations include more than a dozen retail yards and a large auto shredding operation. The company also is opening a retail scrap yard and export facility at the Port of Albany in New York that will be used to ship to domestic and international markets.
The company says it expects to process more than 1 million tons of ferrous and 200 million pounds of nonferrous by 2014 and also hopes to reach its goal by then of $1 billion in annual debt-free sales.