Allan Gerlat, News Editor

July 18, 2013

1 Min Read
Sims Metal Sells Aerospace Recycling Unit

Sims Metal Management Ltd. has sold recycling firm Metal Management Aerospace Inc. to ELG Utica Alloys Inc. for an undisclosed amount.

Metal Management Aerospace, based in Hartford, Conn., specializes in recycling titanium alloys and high temperature metals, according to a news release. Sims Metal said the aerospace operations did not fit with its core business because of the unique aspects of its processing capabilities and associated commodities.

ELG Utica Alloys is based in Utica, N.Y.

Sims Metal Management is based in Sydney, Australia, and is the parent of Chicago-based Sims Recycling Solutions. Sims Metal expects to take a pre-tax loss of about $9 million because of the transaction.

 

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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