Los Angeles-based Kramer Metals Inc. has announced it has merged its nonferrous operations with Wilmington, California-based G. Harris International to form Spectrum Alloys LLC. “The merger unites two of the most well-respected, experienced and knowledgeable families in the nonferrous scrap recycling business,” the company states in a press release announcing the merger.
“Spectrum Alloys builds on the synergies that both companies have developed over the last several generations of operations,” says Doug Kramer, president of Spectrum Alloys. “It combines the significant processing capabilities and industrial scrap business of Kramer Metals with the commercial and wholesale business of G. Harris to form a stronger company with unlimited growth opportunities.”
The merger of the two companies makes Spectrum Alloys one of the largest regional buyers and exporters of copper and brass scrap on the West Coast, according to the new firm. In addition, the company will be engaged in purchasing what it calls select grades of aluminum and will “place a strong emphasis on purchasing nickel chrome iron, nickel refinery and stainless steel.”
Spectrum Alloys began operations on Sept. 1, 2017. It currently employs 30 workers and operates out of Kramer Metals’ nonferrous location in south Los Angeles.
The new company also has announced that Robb Cohn has joined the firm in the role of senior trader. “We are excited that Robb chose to join our team, and his presence here builds on the synergies that both companies have developed over the last several months [as] we have been ramping up operations,” says Doug Kramer. “We’re really excited to grow this business, and Robb will play an important role in that process.”
Spectrum Alloys LLC indicates its staff possesses more than 200 years of combined experience in buying, processing, marketing and selling scrap metal grades, including stainless steel, nickel and nickel-based alloys, corrosion-resistant alloys, nickel-copper, nickel-chrome, cobalt and cobalt-bases alloys, heat-treat alloys, titanium, tungsten and high-performance alloys.
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