PSC Metals Inc. has announced the acquisition of the assets of Wooster Iron & Metal Co., a holding company with three locations: Alliance, Youngstown and Elyria, Ohio; and Aliquippa, Pa. Also a part of the WIMCO Group is Joyce Iron & Metal Co., Columbus, Ohio.
The company hopes to close the acquisitions by the end of next month.
PSC Metals plans to retain all of the approximately 180 employees of the newly acquired companies. Key associates of WIMCO include the following:
David Spector, former WIMCO President, who now becomes PSC Metals Vice President – Buying, Northeast Region.
Mark Shapiro, former WIMCO Vice President, who becomes General Manager – Non-Ferrous Northern Region.
Sam Linnick, former WIMCO Vice President, who becomes General Manager – Wooster Operations.
Paul Garrett, former owner of Joyce Iron & Metal, who now becomes General Manager – Columbus Operations.
WIMCO’s operations include ferrous and non-ferrous scrap metal services. With the addition of WIMCO’s shredding facility in Wooster, Ohio, PSC Metals will operate nine shredders.
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