River Metals Recycling purchased the assets and business of Xenia Iron & Metal. The acquired company, founded 90 years ago, is located close to Cincinnati. Xenia also operates Greensburg Recycling Inc., a scrap yard in Indiana.
River Metals will operate the Xenia, OH and Greensburg, IN scrap yards under the RMR name, but plans to continue to use the Xenia Iron and Metals and Greensburg Recycling names during a transition period. RMR expects to expand the business at both locations.
RMR, a wholly owned venture of The David J. Joseph Co., is headquartered in Fort Mitchell, KY.
River Metals, formed in 1998, claims it is the largest scrap processor in Kentucky, as well as the greater Cincinnati area. Over the past three years, RMR purchased Somerset Scrap, Tri-State Industrial Services, and Xenia Iron & Metal. The result is that RMR now has facilities in a four-state area: Henderson, Livermore, Louisville, Newport (Cincinnati), Owensboro, Paducah, and Somerset, Ky.; Metropolis, Ill.; Xenia, Ohio; and Greensburg, Indiana.
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