“One man’s trash is a another man’s treasure” is an old adage that would fittingly describe the operations of Metalico, Inc. The business is celebrated as one of the leading innovators in the industry of metals recycling. The recycled products of the company are then transformed into new items that enhance the way we lead our lives today.
The company is registered as a diversified scrap metal recycler that has a very strong focus and operations in the Northeastern region of the country. It continues to operate in 27 locations across 6 states. It is in Cranford, New Jersey that the business holds its corporate office. Its shares are marketed publicly on the New York Stock Exchange. It trades its common stocks using the ticker symbol MEA. The scrap operations of the business engage in the sourcing, buying, processing and marketing of various types of commodity metals.
Metalico, Inc. operates both ferrous and non-ferrous scrap metal recycling facilities in the states of Ohio, Pennsylvania and in New York. Their metal scraps are coming from small scrap dealers, peddlers, demolition contractors and manufacturers. It serves both the United States and Canada and focuses on four types of commodity metal groups: scrap steel and iron, non-ferrous metals (nickel-based steel, alloys, lead, aluminum and copper), minor metals (tungsten, tantalum and molybdenum) and platinum group of metals (catalytic converters and recover platinum, rhodium and palladium). They have a facility in Syracuse, New York that converts aluminum scraps into deoxidizing cones. These cones are used as additives in the steel-making industry.
Metalico, Inc. makes a difference in the world’s trash. Through its recycling facilities, they are able to start the process of creating other products from waste items. It advocates the preservation of natural resources, the saving of landfill usage and in the conservation of energy.
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