Metalico Corporate Office
186 North Avenue East
Cranford, NJ 07016
Metalico intends to be the recognized leader for performance and innovation in the metals recycling and fabrication industry. In addition, the Company strives to be viewed as the best in the eyes of our business constituents, employees, shareholders, and the community at large.
Metalico aims to become the preeminent, vertically integrated, regionally focused metals recycler. We work in partnership with our suppliers and consumers to be the recognized leader in all the markets where we operate.
Metalico is a leading full-service, broadly diversified scrap metal recycler, principally operating in the Northeastern United States. Our scrap operations source, buy, process, and sell four distinct groups of commodity metals for use in the manufacture of new products:
We recycle scrap steel and iron, which is sold primarily to domestic mills and foundries.
We recycle non-ferrous metals, principally aluminum, copper, lead, and nickel-based steel and high temperature alloys. These products are sold to domestic manufacturers and, to a lesser extent, to the export markets.
We buy catalytic converters and recover platinum, palladium, and rhodium, known as Platinum Group Metals (PGM's). These precious metals are typically refined and reused by industry in emissions control devices.
Metalico also recycles minor metals including molybdenum, tungsten, and tantalum, which are used in specialty steels, electronics, and high-technology-based products.
Metalico also is a leading fabricator of non-battery lead-based products, manufactured principally for commercial, industrial, and radiation shielding applications nationwide. Its facility in Syracuse, New York, converts aluminum scrap into deoxidizing cones, an additive used in the steel-making industry.
Metalico today employs 800 people in 30 operating locations across 10 states. Headquartered in Cranford, New Jersey, Metalico trades under the stock symbol MEA on the NYSE Amex.
Metalico's strategy is to grow by acquisition, and more recently, through emphasis on organically developed internal initiatives.
Metalico executes this strategy by carefully locating platform businesses to acquire that we can leverage to increase market penetration by adding tuck-in acquisitions to enhance our competitive advantage. We then look to exploit synergies in transportation, cross-selling among operations and working to realize operating efficiencies.
The Company looks to mitigate commodity price risk by diversifying across several commodity metals and through rapid turnover of its inventories. Metalico seeks to have a dominant position in the markets in which it operates, and to be the standard-bearer for customer service and quality assurance in the value-added products that we fabricate.We seek internal growth and expansion opportunities in contiguous geographic markets in order to maximize market share and profitability.
Recycling of Metals:
Metalico operates both ferrous and non-ferrous scrap metal recycling facilities in New York, Pennsylvania and Ohio, serving both U.S. and Canadian markets. All forms of metal scrap are purchased from manufacturers, small scrap dealers, demolition contractors, and peddlers.
The scrap is sorted and prepared for sale to mills, furnaces and foundries. Refractory metals, principally molybdenum, tungsten and tantalum, are recycled at our Tranzact facility in central Pennsylvania. Three of our facilities, located in Newark, NJ, Austin, TX, and Gulfport, MS, process used catalytic converters, recycling platinum, palladium, and rhodium, known as PGM's (Platinum Group Metals). Metalico operates an automobile shredder located on Neville Island near the city of Pittsburgh which serves as the platform for the Southwestern Pennsylvania operations.
The latest acquisition, Goodman Services, Inc., operates a full service metal recycling facility in both Bradford, PA and Jamestown NY, as well as a mill services operation in Canton, OH.
Metalico has earned a reputation for professionalism and trust with consumers and other large metal buyers. Mills and metal buyers know that Metalico delivers quality materials with exceptional reliability. This means that scrap suppliers can rely on Metalico to accept materials at a fair price, in both up and down markets.
Lead Product Fabrication:
Metalico's commitment to customer service and product variety, through its Mayco Industries division, has made it the largest lead and lead alloy fabricator in the United States. In Birmingham, Alabama, Mayco produces lead and lead alloy sheet on its new mill, now the largest lead rolling mill in the world.
Mayco has been providing lead products and services to the nuclear energy sector for over 50 years, and can produce lead pours for casks and containment in any size up to 120,000 pounds. Radiation shielding products for the medical and industrial community include customized plate, sheet, interlocking lead brick, lead lined doors and wallboard, lead wool and and lead oxide glass. Mayco is also a leader in lead roof flashings, lead wool, pipe sleeves and cast iron/pipe toilet lead bends.
Mayco manufactures two of the leading brands of reload shot for recreational trap and skeet shotgun users - Lawrence Brand Shot and West Coast Shot. Mayco manufactures came lead in over 100 sizes for the stained glass window industry under the Premier Lead Came brand.
Mayco manufactures lead sheet plate and brick for engineered balance systems in planes, bridges and ships including the US Navy Fleet. Lead has significant chemical resistance to many industrial grade chemicals, and therefore is used extensively in the chemical processing industry in the form of pipe and tank liners. Mayco manufactures lead alloy plate and shaped extrusions in support of the copper, zinc and chrome electro-plating industry.