Allied Alloys acquires Blue Alloys

Allied Alloys, based in Houston, has announced its Sept. 1, 2014, acquisition of Blue Alloys, a stainless steel and specialty alloys processor based in LaGrange, Kentucky. The former Blue Alloys has been renamed Allied Alloys Midwest.
 

Allied Alloys Midwest is an ownership group comprising the former management of Blue Alloys, members of Allied Alloys and Andrew Yaffe. This collaboration gives Allied Alloys a fifth processing facility and allows the company to extend its commitment to customer service into the Midwest, according to the company.
 

The LaGrange facility joins Allied Alloys’ existing facilities in Houston, Dallas and Los Angeles, allowing Allied Alloys to extend its ability to serve domestic and international customers and suppliers.
 

“We are thrilled with the investment by the members,” says Steve Jones, president of Allied Alloys Midwest. “We look forward to elevating the experience of our consumers and expanding our reach through new synergies and product development.”
 

Mitch Greenberg, co-founder of Allied Alloys, adds, “Through this collaboration with Allied Alloys Midwest we will better serve and offer more outlets to the recycling sector. Our mission is enhanced by our diversified ownership’s legacy of excellence and international reach.”
 

Allied Alloys Midwest brings together the knowledge and experience of Andrew Yaffe, Mitch Greenberg, Mukesh Turakhia, Adam Gutow-Ellis, Steve Jones and Terry Hancock.
 

Allied Alloys says it will continue to map out strategic growth domestically and internationally, bridging the gap for secondary nickel units, air-melt and vacuum alloys.