Sims Metal Management has announced that its Sims Group Australia Holdings Ltd. subsidiary has signed an agreement to purchase the assets of Australia-based company Commercial Metal Recycling Services (CMRS).
CMRS operates a network of eight yards across Queensland, Australia. Additionally, CMRS operates three locations in Brisbane, and five regional centers in Townsville, Cairns, Toowoomba, Gladstone and the Sunshine Coast of Australia.
In a release announcing the purchase, SimsMM says that CMRS collects about 75,000 metric tons of ferrous scrap and 7,000 tons of nonferrous scrap per year.
Darron McGree, managing director of SimsMM Australia, says “CMRS is a good strategic fit for our Queensland metal recycling business due to its diverse geographic footprint and strong local capability.”
Latest from Recycling Today
- Ocean freight interruptions poised to continue
- Danieli to supply shredder to Australian company
- Equipment from the former Alton Steel to be auctioned
- Novelis resumes operations in Greensboro, Georgia
- Interchange 360 to operate alternative collection program under Washington’s RRA
- Waste Pro files brief supporting pause of FMCSA CDL eligibility rule
- Kuraray America receives APR design recognition for EVOH barrier resin
- Tire Industry Project publishes end-of-life tire management guide
