New Mexico firms buy car shredder

USA – A merger of three US scrap recycling firms in the New Mexico city of Albuquerque has been concluded with the acquisition of a new 4000 HP car shredder from Metso Texas. Albuquerque Metals Recycling and Acme Iron & Metal have merged with Ace Metals Inc. to form what the companies are calling the state’s largest scrap metal processor. The shredding plant will feature a ferrous and non-ferrous downstream system boasting magnetic separation equipment from SGM Magnetics Corp. and sensor sorting technology from Steinert.