Reserve Management Group Purchases Akron Iron

Reserve Management Group (RMG), Twinsburg, Ohio, has purchased the assets of Akron Iron & Metal LLC, Canton, Ohio.
 
Akron Iron has been a long-time processor of all types of steel mill and foundry byproducts, including blast furnace iron, beach iron, steel pit scrap, steel skulls and tundish.

RMG will operate the former Akron assets as Reserve Iron Ohio, a wholly owned division of its Reserve Marine Terminals (RMT) business unit based in Chicago. The Canton operations will complement RMT’s existing business with increased access to suppliers and customers, according to RMG.

Reserve Management Group is a family of related recycling businesses with operations in Illinois, Wisconsin, Ohio, New York, Georgia, Florida and Maine. RMG’s business units focus on recycling ferrous and nonferrous metals, heavy media separation, auto shredder residue recovery, landfill reclamation and electronics recycling.