Trademark Metals Recycling (TMR), a wholly owned subsidiary of The David J. Joseph Co. (DJJ), a Cincinnati-based subsidiary of Nucor Corp., has purchased the assets and business of Gulf Coast Metals, headquartered in Tampa, Fla.
Gulf Coast Metals, established in 1981, operates four facilities in Florida, including a secondary aluminum melting operation in Tampa, which the company says is the state’s largest secondary aluminum melting operation.
Gulf Coast’s three other recycling facilities are located in Gainesville, Sarasota and Tampa. All three locations provide full-service metal recycling, buying all grades of ferrous and nonferrous scrap metal.
According to a DJJ news release, the addition of the four locations is consistent with TMR’s growth strategy and demonstrates DJJ’s commitment to expanding its existing regional recycling platforms.
The secondary aluminum melting operation will allow TMR to convert aluminum scrap into value added products. The smelter consumes a wide range of aluminum scrap, including used beverage cans (UBCs), old sheet, cast, painted siding and other types of aluminum scrap. The finished products consist of spec aluminum alloys in the form of sows, ingots and cones that are supplied primarily to the aluminum and steel industries.
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