Agreement reached on sale
of Alcan division
Montreal— Alcan Inc. announced that it has reached agreement
on the principal terms of a sale of Pechiney Electrométallurgie
(PEM) to Ferroatlantica, S.L., Spain’s leading ferroalloys
and independent electrical power producer. The value of this transaction
net of closing adjustments is likely to exceed Euro 100 million.
“This agreement is compelling for Alcan and consistent
with our strategy of focusing on primary aluminum and divesting
non-core activities,” said Cynthia Carroll, president and
chief executive officer of Alcan Primary Metal Group. The parties
expect to enter into a definitive share purchase agreement following
the employee consultation process.
The transaction, which will ultimately be subject to relevant
regulatory authorities approvals, should be completed in the second
quarter of 2005.
Amanda Boren named marketing
coordinator for Heil’s Parts Central
Chattanooga, TN— Parts Central, a Heil company, has appointed
Amanda Boren to the newly created position of marketing coordinator.
In this role, Boren will manage all of Parts Central’s marketing
activities to promote its full line of refuse collection vehicle
replacement parts. These activities include assisting Parts Central
distributors with market intelligence, product analysis, pricing
and promotional activities.
Boren joined the Heil Environmental marketing department as
a market development specialist in February 2004. When she was
a market development specialist, Boren supported Heil distributors
through market research and literature fulfillment.
National Gypsum to recycle
National Gypsum Co. will buy drywall waste from new construction
sites and incorporate the material into the manufacture of new
Beginning this fall, the waste will be reclaimed from construction
sites in Massachusetts and New Hampshire by Gypsum Recycling International
of Denmark and sent to National Gypsum´s plant in Portsmouth,
“By reprocessing the material, National Gypsum will divert
waste wallboard, which would otherwise have been sent to landfills,
into a productive and environmentally friendly use,” said
Jerry Carroll, senior vice president at National Gypsum.
National Gypsum said the program could later expand throughout
ISRI appoints three new
The Institute of Scrap Recycling Industries appointed three new
staff members in the areas of federal and state advocacy, compliance
Eric Harris will serve as director of governmental and international
affairs, with responsibility for ISRI´s Clean Air Act program
and working on international issues and with members on transportation
issues. Jonathan Levy was appointed assistant director of legislative
and regulatory analysis. Anne Marie Horvath will fill a newly
created position, safety consulting program coordinator, assisting
members with a wide range of scrap yard safety issues.
ISRI represents more than 1,200 companies that process, broker
and consume scrap commodities.
Kaiser Aluminum elects
new council and treasurer
Houston, TX— Kaiser Aluminum announced that its board of
directors has elected John M. Donnan, as vice president, secretary
and general counsel, and Daniel J. Rinkenberger, as vice president
Donnan succeeds Edward F. Houff, who will remain as senior vice
president and chief restructuring officer. Houff now will focus
exclusively on completing the company’s restructuring and
emergence from Chapter 11. Rinkenberger assumes the treasurer
position from Kerry A. Shiba.
Halloran joins CMC’s
Secondary Metals Division
Irving, TX— Alan Postel, president of Commercial Metals
Company’s Secondary Metals Processing Division (SMPD), headquartered
in Irving, announced the naming of Brian Halloran as vice president
- International Development for the Division. In this new position,
Brian will be responsible for exploring potential recycling related
opportunities outside the U.S. for SMPD and will report directly
to Postel. In addition, Brian will also continue as red metals
manager and in that capacity will report to Bob Melendi, vice
president of marketing for SMPD.
Halloran was previously employed as an international scrap metals
trader with The David J. Joseph Company in Cincinnati, Ohio, where
he traded copper, aluminum and brass scrap in both domestic and
international markets. He began his career with CMC as a red metals
trader in June 1998 and was promoted to manager in June 2002.
ARCA’s private placement
of stock raises $3.1 million
Appliance Recycling Centers of America Inc. has raised $3.1 million
through the private placement of more than a million shares of
The Minneapolis appliance recycler announced January 3 that
it has completed the placement of 1,150,000 shares of common stock,
priced at $3 per share. The private placement brings the company´s
fully diluted shares outstanding to about 4 million. ARCA said
it will use the funds to open additional ApplianceSmart factory
outlets and for general corporate purposes.
Haeck appointed to the
board of Bayou Steel
LaPlace, LA— The board of directors of Bayou Steel Corporation
announced the appointment of James F. Haeck to the board of directors.
Haeck is a graduate of University of Pittsburgh. During his
nearly thirty-five years in the metals industry, he served in
various financial, commercial and operational management roles
including thirty-two years at LTV Steel where he served as executive
vice president and a member of the management executive committee
(1998-2001). Mr. Haeck is currently vice president of sales and
marketing for Universal Steel Company.
Bayou Steel Corporation manufactures light structural and merchant
bar products in LaPlace, Louisiana and Harriman, Tennessee.
PALFINGER North America
appoints sales manager
Niagara Falls, Ontario, Canada— It was announced that Bill
Boner would become the new eastern sales manager for PALFINGER
Articulating Cranes for Eastern United States and Canada. Bill’s
region of responsibility is for all U.S. states, east of the Mississippi
River and the four Eastern Canadian Provinces.
Bill Boner joins PALFINGER with more than 15 years experience
in the area of articulating cranes, truck-mounted equipment and
Peterbilt ranked highest
in customer satisfaction
Denton, TX— Peterbilt Motors Company is the highest ranked
manufacturer in the 2004 J.D. Power and Associates Medium Duty
Truck Customer Satisfaction Study in the conventional medium duty
truck segment. It is the fourth time in six years the company
has held the top ranking.
Six product categories make up the overall satisfaction score.
Peterbilt led in five: Vehicle Quality; Vehicle Engine; Ride,
Handling and Braking; Vehicle Cab Interior; and Exterior Design
and Styling. The study noted that the Vehicle Quality category,
in which Peterbilt scored highest, is the most influential aspect
of customer satisfaction.
The J.D. Power and Associates study is based on interviews with
more than 1,500 owner-operators and fleet managers of two-year-old
medium duty trucks.
Parviz Farsangi appointed
by Noranda and Century
Toronto— Noranda Aluminum Inc. and Century Aluminum Company
announced today the appointment of Parviz Farsangi as president
and general manager of jointly-owned Gramercy Alumina, LLC and
St. Ann Bauxite, Ltd.
Mr. Farsangi will report to the board of managers of Gramercy
Alumina and St. Ann Bauxite. He will be responsible for the operation
of both sites.
Previously, Mr. Farsangi was general manager of Falconbridge
Limited’s Sudbury Mines/Mill business unit where he led
the management team and implemented strategies to achieve profitable
and environmentally responsible results.
Noranda and Century completed the acquisition of the Gramercy
alumina plant in Gramercy, Louisiana, and related bauxite assets
in Jamaica from Kaiser Aluminum & Chemical Corp. in October
Tom Ehrhardt retires from
American Baler Company
Bellevue, OH— Tom Ehrhardt, a long-time veteran of the
recycling industry, is retiring after 30 years of service. He
began his career with US Steel as a design engineer after graduating
from University of Miami. After more than 15 years with a recycling
equipment manufacturer, Tom became the first midwest regional
sales manager hired by American Baler. For five years, Tom worked
with customers, dealers and prospects often consulting or training
and always building strong relationships.
Schnitzer Steel reports
boost in profits
Schnitzer Steel Industries Inc. reported a sharp increase in
profit in its latest quarter due to strong worldwide consumption
of recycled metal and finished products.
The company posted net income of $42.9 million, or $1.38 per
diluted share, on revenue of $199 million for the third quarter
ended November 30. In comparison, it had net income of $12.2 million,
or 39 cents per diluted share, on revenue of $128.4 million for
the quarter ended November 30, 2003.
“I am very pleased with Schnitzer Steel’s excellent
first quarter financial performance,” said Robert W. Philip,
chairman and CEO. “What is pleasing is that the market fundamentals
remain healthy, which should bode well for our businesses in the
quarters to come.”
Joseph Koncelik named director
of Ohio EPA
Ohio— Ohio Governor Bob Taft has appointed a new director
for the state Environmental Protection Agency, pending Ohio Senate
On December 30, Taft named Joseph Koncelik as the new director
effective January 7, following the resignation of Director Christopher
Koncelik has been the agency’s assistant director and
chief legal counsel for four years.
“I’m pleased to have a professional of Joe Koncelik´s
caliber as head of the Ohio EPA as we face the difficult challenges
of meeting clean air standards, restoring the Great Lakes and
tackling other pressing environmental issues,” Taft said.
Before joining the Ohio EPA, Koncelik worked in the environmental
enforcement section of the Ohio Attorney General’s Office.
Alcoa announces executive
New York— Alcoa Inc. announced several executive appointments
as part of its continuing effort to better serve their markets
and customers globally.
Effective immediately, Robert S. Wetherbee, has been named president
of Alcoa’s Rigid Packaging business based in Knoxville,
Executive appointments were also made in the aerospace, automotive
and commercial transportation area. Raymond B. Mitchell, became
president of Howmet Castings and Aerospace Forgings.
Kevin Kramer, is now president of Alcoa Wheel Products, responsible
for both Alcoa’s forged and cast wheel products businesses
that supply the commercial vehicle and automotive markets globally.
Kramer had been president of Cast Auto Wheels.
January 1, 2005, Regina Hitchery, joined Alcoa as vice president,
Human Resources. She will be based in New York City.
In addition, effective January 1, 2005, Christine Breves, was
named to the newly created position of chief procurement officer.
BFI Canada buys Ontario’s
Ontario— BFI Canada completed the purchase of the Ridge
landfill in Chatham, Ontario, from Waste Management Inc., a move
that adds 748,000 tons of annual permitted disposal capacity to
the acquiring company.
BFI Canada is paying $110 million Canadian for the landfill,
which is about $90 million U.S. according to an exchange rate
on January 4, 2005.
WCA Waste acquires Missouri
Houston-based WCA Waste Corp. completed the acquisition of Gecko
Investments LLC, which included the Eagle Ridge landfill and a
collection company with 1,750 customers about 50 miles northwest
of St. Louis.
The landfill, in Bowling Green, Missouri, has 50 permitted acres
and 18 years of life at current volumes, WCA Waste said.
“WCA is excited about increasing our presence in the state
of Missouri with the acquisition of Gecko and Eagle Ridge,”
said Tom J. Fatjo Jr., chairman and CEO.