Skip to main content

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.

Don't hesitate to contact us to share your input and ideas. Subscribe to the magazine or (free) newsletter.

You might find this interesting too

Bank backs scrap trader’s acquisition strategy
Sustainable ship recycling pilot in Germany
Jump in steel production

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €169 (normal rate is €225) Subscribe