Industry News

Metal Source expands footprint with the acquisition of Imperial Aluminum in Alabama

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Update time : 2024-08-07 14:56:21
Gebhart Holdings, Metal Source's parent company, has announced the acquisition of Imperial Aluminum's assets in Scottsboro, Alabama. This strategic purchase marks Metal Source's first location outside Indiana, enhancing its capabilities and market reach. However, the financial details of the transaction have not been disclosed.

The newly acquired facility, which will be rebranded as Metal Source, spans over 40 acres and employs approximately 80 full-time staff. With an impressive recycling capacity exceeding 100 million pounds annually, the site will produce a variety of aluminium alloys, zinc alloys, and aluminium deox cones.

Colin Denihan, Metal Source's Chief Commercial Officer, emphasised the strategic significance of the Alabama location in meeting the growing demand for recycled-content aluminium in the Southeast.

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