Conversion Resources Adopts American I&M Name

Cleveland area nonferrous scrap recycler Conversion Resources LLC is changing its name to American Iron & Metal Cleveland LLC.

Conversion Resources, founded in 1983 and located in Macedonia, Ohio, was purchased by Montreal-based American Iron & Metal (AIM) in 1999. The name change has been made to rebrand the location as part of the AIM group of companies, according to an AIM news release.

AIM has more than 40 operating facilities throughout North America. The company concentrates on ferrous and nonferrous metal recycling, demolition, manufacturing and transport businesses. With annual sales in excess of $1.6 billion and 2,000 employees, AIM describes itself as one of the world’s largest privately held metal recycling companies.

American Iron & Metal Cleveland LLC operates from a nearly 80,000-square-foot facility in Macedonia. It offers scrap metal recycling programs for manufacturers as well as risk management for generators of nonferrous scrap, including red metals, aluminum and high-temperature alloys.