Metal Management Closes Deal

Scrap metal recycler expands its operations on the East Coast with acquisition.

Metal Management, Inc. has completed the acquisition of the scrap metal recycling assets of H. Bixon and Sons, located in New Haven, Conn. The Bixon assets will be immediately integrated into the existing operations of Metal Management Connecticut, Inc.

Albert A. Cozzi, vice chairman and CEO, noted, "H. Bixon and Sons has been in business for many decades and has provided valuable recycling services to its customers. We look forward to furnishing these services to their scrap metal generators and customers. The acquisition of Bixon is consistent with our strategy to acquire attractively priced businesses that provide incremental volumes to our existing operations."