Allmetal Recycling, Wichita, Kansas, has acquired Heavy Metal Recyclers, a metal buying and demolition business based in Pratt, Kansas. Heavy Metal Recyclers has additional locations in Great Bend, Kingman and Medicine Lodge, Kansas.
According to a report from the Pratt Tribune, Heavy Metal Recyclers Owner Abe Peters decided to sell his company to a larger, reputable company. Peters started Heavy Metal Recyclers 12 years ago to recycle both ferrous and nonferrous materials.
Clint Cornejo, co-owner of Allmetal Recycling, tells Recycling Today that the deal closed March 10, and Allmetal took over Heavy Metal Recyclers’ business March 13. The Heavy Metal Recyclers acquisition adds three yards to Allmetal’s existing business, making the company’s yard count 10 locations. Those three locations will be rebranded as Allmetal Recycling.
Cornejo says all Heavy Metal Recyclers employees stayed with Allmetal after the acquisition, which increased Allmetal’s total employee count to 255 employees.
RELATED: Allmetal Recycling adds 7th location
“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.
“We plan to continue to provide quality customer service to the existing customer and add roll-off boxes to handle potential new industrial customers. We’re able to offer more aggressive pricing to some of the manufacturers since we have locations in those areas, as well as the retail trade business. We plan to upgrade our rolling stock (trucks and trailers) as well as some of the equipment in the yards. Each yard will have improvements made from signage, pavement and building improvements.”
In addition to the acquisition of Heavy Metal Recyclers, Allmetal has also purchased the assets of Alpert and Alpert’s Wichita division April 1. Cornejo says that division serviced industrial accounts in and around the Wichita area. “I can’t say we’re done acquiring companies because we are always looking for opportunities,” he adds. “Our next step is to upgrade our auto shredder to handle our additional volume shred, auto bodies and unprepared metals.”
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