Alter Acquires Iowa Company

Alter Trading Corp., St. Louis, has purchased the assets of All Metals Recycling of Ottumwa, Iowa. The acquisition of All Metals expands Alter’s presence in Iowa, notes the company in a news release.

All Metals Recycling began operating as an Alter company immediately after its early December 2013 purchase by Alter. All Metals was previously owned by Greg Goldizen, who will continue to be a supplier to Alter in his role as the owner of a separate business called Goldy’s Auto Salvage in Ottumwa.
 
“We are pleased to undertake this opportunity to serve Ottumwa and the surrounding community for their scrap metal recycling needs,” says Mike Vail, Alter’s vice president of operations for the region.

“We welcome the All Metals employees to the Alter organization and look forward to becoming an active part of the local business community,” comments Leman Schulz, Alter regional director of operations.

Alter, a privately held fourth-generation family firm, was founded in 1898. The company operates 52 metal recycling facilities, many of them ISO 9001 and 14001 certified. Alter has 1,220 employees and a presence in eight states, including five trading offices in the United States and one in Hong Kong.