Universal Scrap Buys Premier Metals Recycling

Allan Gerlat, News Editor

February 23, 2012

1 Min Read
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Universal Scrap Metals (USM) has bought Premier Metals Recycling for an undisclosed amount.

USM bought the scrap copper processor to add copper recycling capability to the ferrous, non-ferrous, electronic and composite scrap recycling it handles along with its other companies: USM Processing, USM Recycling and USMe Electronic Assets Recycling, the company said in a news release. Both Universal Scrap and Premier Metals are based in Chicago.

Premier President Todd Fingerman will head the expanded USM copper operation as director of copper processing. The Premier chopping operation, which includes upgraded equipment, will be located in a newly built-out processing space at the USM headquarters.

USM said the acquisition will make shopping easier for customers. “We are excited about the benefits we will gain from the synergy between our two companies’ operations,” said Jason Zeid, vice president of USM and president of each of the other USM companies.

 

About the Author

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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