Alter Acquiring Samuels Recycling

Alter Trading, headquartered in St. Louis, has acquired Samuels Recycling Co., based in Wisconsin. The company, which employs 250 people, has seven locations in the Wisconsin area. The company provides both ferrous and non-ferrous metal recycling.

With the acquisition Alter will operate 28 scrap metal recycling facilities, as well as five trading offices, in seven states, as well as a sale representative office in China.

"This acquisition will only serve to enhance Alter's commitment to our consumers, our employees, the environment, and to the communities in which our facilities are located," said Robert Goldstein, CEO and president, Alter Trading Corp. "The dedication, integrity and commitment to quality that can be found at each Samuels Recycling location complements Alter's own high standards."

Michael Spear, president of Samuels, said, "It is with optimism and pride that we are able to align ourselves with a company of Alter's reputation for integrity and honesty as together, we continue our shared passion for reclaiming the past to provide a better future."

Alter Trading is ISO 9001:2000 and 14001:2004 certified.