MetalX Opening Metal Recycling Facility

Allan Gerlat, News Editor

November 15, 2012

1 Min Read
MetalX Opening Metal Recycling Facility

A new firm, MetalX, is opening a metals recycling facility in Waterloo, Ind.

The facility will process ferrous and nonferrous scrap metal for recycling into new metal products and is located on a 70-acre site in Waterloo, which also is the headquarters for the startup company.

The company expects the new operation to employ 75 people by next spring and more than 200 in three years. MetalX also plans to accelerate growth by making strategic acquisitions, according to a news release.

The new company is a return to the scrap metal industry for the Rifkin family. “We are excited to return to the scrap businsess,” said Danny Rifkin, president and CEO of Metal X. “We followed the metal sector during our hiatus and believe the effects of consolidation and the recession have created new opportunities.”

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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