Waste360 is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Need to Know

Allmetal Recycling has Acquired Heavy Metal Recyclers

Article-Allmetal Recycling has Acquired Heavy Metal Recyclers

Timothy Swope / Alamy Stock Photo metal scrap.jpg
Heavy Metal Recyclers, a company known for metal buying and demolition business in Pratt, Kansas has been acquired by Allmetal Recycling.

Heavy Metal Recyclers, a company known for metal buying and demolition business in Pratt, Kansas has been acquired by Allmetal Recycling. Heavy Metal Recyclers also have locations in Kingman, Great Bend, and Medicine Lodge, Kansas.

Abe Peters, Heavy Metal Recyclers Owner, decided to sell his company after 12 years to a larger and reputable buyer.

The previous Heavy Metal Recyclers locations will be rebranded as Allmetal Recycling, bringing the number of yards Allmetal owns to 10. And according to Clint Cornejo, co-owners of Allmetal Recycling, all previous Heavy Metal Recyclers employees stayed on after the acquisition, increasing the total number of employees for Allmetal to 255.

“We established a good working relationship with brothers Abe and Jake over the past eight to 10 years,” Cornejo adds. “The Pratt, Kingman and Great Bend markets were areas they had built their brand. They bought the majority of the ferrous and nonferrous metals in those areas in which they would direct sell most of those items. That being said, those were volumes we were not buying prior to this acquisition. The [Heavy Metal Recyclers] acquisition was good for Allmetal because it gave us additional volume, ferrous and nonferrous and also gave three additional locations that would allow us to grow our brand and become more aggressive in those communities and across the state, particularly central Kansas.”

Read the full article here.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish