Allmetal Recycling, headquartered in Wichita, Kansas, has announced the acquisition of McPherson Metals, McPherson, Kansas. The purchase takes the number of yards Allmetal operates to seven.
Clint Cornejo, Allmetal Recycling co-owner and general manager, says the deal closed in mid-December of last year and that the acquired yard is being rebranded as Allmetal Recycling – McPherson.
Cornejo says he and the yard’s former owner, Gary Graber, have had a professional relationship for more than 10 years since McPherson Metals was established.
RELATED: Image conscious
“McPherson adds more peddler trade business as well as refinery business and industrial manufacturing within the local community and surrounding areas” to Allmetal’s existing business, he says. “It will allow our service to existing customers to be more efficient as we continue to look for more growth opportunities."
All 12 of the former McPherson Metals employees now work for All Metal, giving the company 190 employees overall.
Cornejo says because Allmetal had been working with Graber since McPherson Metals was established, the yard already used some of the practices Allmetal uses, which is facilitating the integration process.
“We will put our touch on some things they do, but there’s not a whole lot to do,” he adds.
As a result of the purchase, Allmetal is gaining some new industrial accounts as well as local retail scrap sellers in an area that Conejo describes as “a good size and growing community." McPherson Metals also had a relationship with a refinery in the area, which Allmetal will now service.
Cornejo says the company’s Salina, Kansas, yard is its most northern yard, with the McPherson location falling “right in line logistically … into the map where we want to grow.”
The new yard has about 50 containers that Allmetal will be painting its signature orange color, he says. It also operates three roll-off trucks, two semis and handful of scrap trailers, as well as shears, balers material handlers.
Cornejo says Allmetal expects to announce additional acquisitions in the year ahead.
Latest from Recycling Today
- ReElement, Posco partner to develop rare earth, magnet supply chain
- Comau to take part in EU’s Reinforce project
- Sustainable packaging: How do we get there?
- ReMA accepts Lifetime Achievement nominations
- ExxonMobil will add to chemical recycling capacity
- ESAB unveils new cutting torch models
- Celsa UK assets sold to Czech investment fund
- EPA releases ‘National Strategy to Prevent Plastic Pollution’