Carolina Metals Group, Spartan Recycling Group to merge

Carolina Metals Group (CMG), with locations in Dallas and Grover, North Carolina, and Spartan Recycling Group, Spartanburg, South Carolina, have announced they will merge their respective scrap metal processing businesses in a transaction expected to close Jan. 1, 2025. The new entity will be known as Southeast Recycling Group (SRG).

SRG will employ more than 100 people with nearly 100 acres of processing area at three locations in North Carolina and South Carolina.

The merger brings together scrap metal industry veterans Paul, Steve and Ken Siegel of Spartan with Michael Aho, Matt Miller and Mike Sordi from CMG. All six men, who have 175 years of combine industry experience, will share equal leadership roles in the new company.

“We are excited to partner with Spartan and expand our growth in the Southeast,” CMG Vice President Aho says. “Together, we will be able to provide a higher level of quality and customer service.”

Spartan President Paul Siegel adds, “CMG has a strong management team who have built an outstanding organization. We share common goals, and our merger is a great fit. We look forward to working with our new partners to provide opportunity for our employees, suppliers and consumers.”

The partners at CMG trace their industry roots back to the 1990s, when they worked together at State Line Scrap Metals in Gastonia, North Carolina, before it was acquired by Nucor Corp. in 2012. They opened CMG in 2013.

Spartan’s history goes back 50 years when Marvin Siegel entered the scrap business in Spartanburg. His three sons followed in 1990. The Siegels co-founded Carolinas Recycling Group, which eventually grew to more than 20 facilities and 500 employees before it was acquired by Steel Dynamics in 2008. They began operating Spartan Recycling Group began in 2014.