Printer Friendly

PSC continues acquisition pattern.

PSC Metals Inc., headquartered in Mayfield, Ohio, has purchased Causey Enterprises LLC, a scrap recycler located in Bowling Green, Ky., and Knoxville Recycling Co., in South Knoxville, Tenn.

Causey Enterprises processes ferrous and nonferrous metals. Knoxville Recycling purchases ferrous and nonferrous scrap metal, operating on a 15-acre site.

Throughout the past year, PSC has made a number of moves in an effort to strengthen its position in the Southeast United States, including refurbishing the former M. Cohen barge dock in Nashville and acquiring Gadsden Iron and Metal in Gadsden, Ala.

With the Causey acquisition, PSC Metals says it now has a feeder yard in Kentucky that will allow it to improve its service in the Ohio Valley area, which includes Kentucky and Tennessee.

PSC expects to introduce transportation equipment to its new Greenfield site in Bowling Green so it can expand its industrial scrap services. The company also announced that Kelly Baker was appointed manager of the Bowling Green facility.

As a result of the Knoxville Recycling purchase, PSC Metals' Tom McKelvy says the company will further its ability to support Ameristeel and serve more customers in the Greater Knoxville area. The purchase will also drive more business to a shredder PSC Metals already operates in Knoxville, he says.

McKelvy says PSC Metals plans to add a warehouse on the Knoxville Recycling site that will be used for nonferrous materials.
COPYRIGHT 2005 G.I.E. Media, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Recycling Today
Date:Sep 1, 2005
Previous Article:Tube City and AK Steel ink scrap deal.
Next Article:Metal Management's earnings dip.

Related Articles
Top 20: nonferrous scrap processors. (Top 20).
20 largest ferrous scrap processors: the nation's largest ferrous scrap recyclers vie to feed the world's hunger for metal.
Global warming.
PSC Metals acquires Alabama yard.
Chasing al.
PSC upgrades facility.
PSC Metals Inc.
Top 20 nonferrous scrap processors: shipping aluminum and copper scrap is a vital activity for some of the nation's largest recycling companies.
Wendt announces shredder sales.
PSC enters the acquisition fray.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters