Dive Brief:
- Alter Trading Corp. announced that it acquired the assets of Wausau Scrap and Recycling Corp. (WSRC).
- Based in Wassau, WI, WSRC processes ferrous and nonferrous scrap metal; it was founded in 1951.
- The deal was finalized on January 20.
Dive Insight:
Alter Trading Corp. recycles, brokers and processes scrap metal. The firm is based in St. Louis and operates around 50 scrap recycling facilities across the Midwest.
After inking a deal to buy Nebraska-based Columbus Metal Industries in September 2013, Alter became one of the largest metal recycling firms in the state. The company touted the acquisition of the six facilities as “strategically located,” and said the properties will enhance its operations.