ALERIS INTERNATIONAL
The recently combined IMCO Recycling and Commonwealth Industries has chosen Aleris International Inc. as its new name, suburban Cleveland as its new headquarters and Steven J. Demetriou, previously president and CEO of Commonwealth, as chairman and CEO of the company.
The combined company announced the finalization of the IMCO-Commonwealth merger and the Aleris International Inc. name in early December. The company’s stock is now trading on the New York Stock Exchange under the ticker symbol ARS.
Commonwealth stockholders are entitled to receive 0.815 shares of Aleris (formerly IMCO) common stock for each of their shares of Commonwealth common stock.
"Today marks the creation of a new vertically integrated aluminum company with approximately $2.3 billion in pro-forma sales," Demetriou says.
Aleris expects to employ approximately 100 employees in its suburban- Cleveland headquarters.
The company has 29 production locations in the United States and Europe and employs approximately 3,200 people. More information is avialable at www.aleris.com.
HEIL ENVIRONMENTAL INDUSTRIES LTD.
Collection truck provider Heil Environmental Industries Ltd., Chattanooga, Tenn., has named Buck Buchanan as its director of key accounts.
Heil has employed Buchanan since 2001. He has served as the account manager for Allied Waste Industries and then Republic Services, two key national solid waste and recycling accounts.
"My goal is to continue to acquire new accounts while at the same time ensuring that our current customers keep receiving the best service and support in the industry," Buchanan says.
Prior to working for Heil, Buchanan was an officer in the U.S. Air Force and worked in other business-to-business capital equipment sales positions in the United States and internationally.
Heil makes refuse and recycling collection truck bodies, including models with automated collection technology and front-loader, side-loader and rear-loader models.
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