Vitezslav Halamka | stock.adobe.com
Ulm, Germany-based Wieland, a manufacturer of semifinished products in copper and copper alloys, has acquired Totall Metal Recycling, Granite City, Illinois, which processes a wide range of metal scrap and other recyclables. The transaction closed April 29.
Totall was formed in 1993 to provide toll processing of scrap wire. Today, the company purchases and recycles copper scrap, electronic scrap, lead, tin, zinc, aluminum, nickel, cobalt, titanium, residues and other recyclables. The company serves industrial clients throughout North America and currently processes approximately 100,000 tons of scrap per year.
Wieland says the company “perfectly integrates” into its North American operations being located near Wieland’s foundry in East Alton, Illinois, and its future recycling center in Shelbyville, Kentucky, which is expected to begin operations in 2023.
“The integration of Totall Metal Recycling’s experienced team and partner network expands our recycling capabilities and accelerates the execution of our sustainability and recycling strategy, especially in terms of material processing capabilities,” Wieland CEO Erwin Mayr says. “I am happy that the leadership team will remain in place, continue to drive the successful development of Totall Metal Recycling and also contribute to Wieland’s recycling agenda overall. Furthermore, this acquisition once more underscores Wieland´s commitment to continue to invest and grow in North America.”
Latest from Recycling Today
- Fleetio launches AI capability to accelerate fleet maintenance approvals
- The Metals Agency receives approval for export credit insurance
- Recycle Ann Arbor extends drop-off station operating hours
- Sybilion seeks to help manufacturers confidently address volatility
- Rio Tinto, Prysmian partner on low-carbon aluminum solutions for data centers
- Unilever criticized for plastics approach
- USTR to study additional steel, aluminum tariffs
- Electrified Materials adds processing capacity