Trademark Metals Recycling LLC (TMR), an operating division of the David J. Joseph Company (DJJ), has purchased the assets and business of Rice Iron & Metals, Valdosta, Ga.
TMR, headquartered in Tampa, Fla., operates more than 20 scrap metal recycling facilities in Florida. The company says it is the largest scrap metal recycler in the Southeast. DJJ, based in Cincinnati, is a subsidiary of steelmaker Nucor Corp., Charlotte, N.C.
In addition to purchasing Rice Iron & Metals, TMR also announced it has opened a new scrap metal recycling facility in Sanford, Fla.
According to a DJJ news release, the acquired location and the new facility will process both ferrous and nonferrous scrap metal. The company says the addition of the two facilities “demonstrates DJJ’s commitment to expanding its existing regional recycling platforms.”
In total, DJJ operates 61 scrap recycling facilities and seven U-Pull-&-Pay self-service auto parts stores in the United States.
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