GLE Scrap Metal acquires interest in Mallin Cos.

GLE Scrap Metal Inc., a ferrous and nonferrous scrap processing and trading company headquartered in Casselberry, Florida, has acquired an interest in Kansas City, Missouri-based scrap recycler Mallin Cos. Inc. The transaction took effect Dec. 31, 2024.

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Both companies are family-owned. Mallin Cos. Is a 96-year-old, fourth-generation family business operating two aluminum wire recycling lines in Kansas City, while GLE is a first-generation family company with 20 years of industry experience. GLE operates six full-service metal recycling centers in Michigan and Florida, a brokerage and trading division, an insulated copper wire recycling plant and Great Lakes Electronics Corp., its R2- (Responsible Recycling-) certified electronics recycling arm.

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According to the companies, Mallin Cos.’ operations will remain in Kansas City and will retain its existing leadership and employees. Mallin Cos. President Zach Mallin will continue to head the firm and will have the full support of GLE and its affiliates.

The companies say they have built a “wonderful working relationship over many years,” have similar values and share a passion for growth in the recycling industry. They say their new partnership will allow Mallin Cos. to achieve synergies to stay competitive and continue its leadership in insulated aluminum, aluminum conductor steel reinforced (ACSR) and underground residential distribution (URD) cable processing.

“This partnership will allow Mallin to best serve its team members', its customers' and its consumers’ needs into the future,” the companies say.