Roseville, Michigan-based GLR Advanced Recycling has launched GLR America, a nonferrous metals brokerage division.
GLR America specializes in export and domestic full-truckload and container-load quantities, servicing the entire United States and Canada. GLR America also purchases mixed nonferrous loads and offers creative payment structures to help suppliers in the current pandemic.
GLR Advanced Recycling President and CEO Michael Bassirpour says of the new division, “During these uncertain times in the world, we thought it was necessary to leverage the relationships and trust we have built throughout the years with our consumers and suppliers to vertically grow our business while helping our customer base. With our 93 years in business coupled with our partners at Padnos, we firmly believe that we have the best consumers in the world, which gives us the ability to quote suppliers the highest numbers possible while having the financial strength and credibility to establish trust.”
GLR Advanced Recycling has six locations throughout Michigan focused on nonferrous wholesale buying as well as buying auto bodies. The company says it bought more than 50,000 auto bodies in 2019 and is projecting to buy 70,000 in 2020.
Jay Mentzel, vice president of metals for GLR Advanced Recycling, will head GLR America. He can be contacted at 586-359-9521 or at email@example.com.
In 2018, Holland, Michigan-based Padnos announced it had acquired “a significant interest” in GLR Advanced Recycling, with a news release announcing the move describing it as a strategic partnership.