APRIL 2010

  BUSINESS/ORGANIZATIONAL BRIEFS

David J. Joseph Company acquires Ocala Recycling

Nucor Corporation announced that its wholly owned subsidiary, The David J. Joseph Company (DJJ), has acquired the assets and business of Ocala Recycling LLC, currently a subsidiary of Blaze Metals LLC.

Ocala Recycling operates four Ocala Florida facilities, including one automobile shredder. Production at the four yards combined totals over 100,000 tons annually. With the addition of Ocala, DJJ operates a total of 15 automobile shredders throughout its facilities. Ocala Recycling was founded in 1988 and currently employs 90 people.

DJJ will operate the Ocala Recycling facilities as part of Trademark Metals Recycling LLC (TMR).

This acquisition represents another step in Nucor’s previously announced plan to utilize DJJ as a platform for continued growth in the scrap processing industry and, specifically, Trademark Metals Recycling’s plan to expand in North/Central Florida.

Solotorovsky promotes as CETCO’s regional manager

CETCO announced the promotion of Scott Solotorovsky to the position of Western regional manager for the building materials group.

Solotorovsky, who has been with CETCO for six years, joined the building materials group as a field services project coordinator, has held the position of market development manager based in Mumbai, India and most recently was the technical sales manager for Northern California.

Safety-Kleen appoints David A. Eckert as CEO

Safety-Kleen recently appointed David A. Eckert as its new chief executive officer. Eckert will be elected to the company’s board of directors later this year.

Eckert previously served as president, chief executive officer and a director of Iron Age Corporation and as senior executive vice president for Kessler Financial Services, L.P.

Rayco Manufacturing expands dealer network

Rayco Manufacturing, Inc. has added Ditch Witch of Oklahoma (DWOK) and Ditch Witch of Arkansas (DWAR) to their worldwide dealer network.

As the first official Ditch Witch dealership, DWOK has been serving the state of Oklahoma for 34 years. They currently have locations in Edmond and Tulsa, Oklahoma. The addition of the Rayco product line offers chippers, grinders and log splitters.

DWAR currently has locations in Benton and Springdale.

Harvey Titanium changes name to Rolled Alloys

Rolled Alloys announced that Harvey Titanium officially changed its name to Rolled Alloys, becoming a fully integrated west coast service center.

Sales staff is available on the west coast to handle material inquiries for titanium alloys, nickel alloys, cobalt alloys, stainless steels and duplex stainless steels.

Chipman appointed as SolarDock’s new COO

SolarDock announced the appointment of Sean Edward Chipman to the post of chief operating officer.

Chipman had served for the previous four years as director of finance at the affiliated McConnell Companies in downtown Wilmington.

In that position, he was responsible for the financial management of a real estate portfolio valued at over $500 million, and administered more than $170 million in refinancing proceeds through acquisitions, global refinancings and mezzanine loans. Sean was integral to maintaining McConnell’s relationships with banks, vendors, auditors and investors.

Prior experience also included a dual role at National Properties, Inc. He was assistant controller and regional property manager in charge of 750 apartment units in Montgomery & Lehigh Counties, Pennsylvania.

Nucor to form joint venture with Mitsui

Nucor Corporation has entered into an agreement with Mitsui & Co., Inc., a wholly owned subsidiary of Mitsui & Co., Ltd., wherein each would indirectly own a 50 percent interest in a newly created company, NuMit LLC. NuMit will invest in various steel and steel related activities, both in North America and globally. Coinciding with the formation of NuMit will be its first investment, Steel Technologies LLC, which will own all of the assets, operations and business currently held by Mitsui in Steel Technologies, Inc. Closing of the transaction will occur after satisfactory resolution of regulatory approvals and other closing conditions.

Steel Technologies operates 23 sheet processing facilities throughout the United States, Canada and Mexico. It will continue to operate as an independent unit with the existing management team.

Nucor’s previously announced plans to construct a greenfield flat rolled processing center in Monterrey, Mexico will be implemented by Steel Technologies. The processing center is expected to include pickling, slitting and cut-to-length capabilities to serve customers in Mexico.

RISI hires Rahikainen as bioenergy services director

RISI announced the hiring of Anne Rahikainen as director of Bioenergy Services.

Rahikainen previously worked as a senior consultant with Poyry Group where her responsibilities included new business development, project management and supporting clients in the bioenergy and forest products industry sectors with key strategic questions such as market and product strategy, growth and new investments. At Poyry, Anne was involved with assessing and supporting numerous bioenergy related investments in the production of electricity, cellulosic ethanol and pellets.

Rahikainen’s role at RISI will be to grow the bioenergy services practice by developing new multi-client, subscription and consulting products and growing the customer base within North America and internationally.

Tube City names Bruce C. Campbell manager

Tube City IMS, LLC announced that Bruce C. Campbell has joined the Company as manager – Carolina Trading.

Campbell will be responsible for strategic planning, procurement and business development in North Carolina, South Carolina and Tennessee.

Prior to joining the Tube City, Campbell worked at ArcelorMittal Steel’s steel mill in Georgetown, South Carolina.

Campbell will be based in Pawleys Island, South Carolina.

SLY announces new sales office in Minnesota

Sly, Inc. announced the opening of a new sales representative office in Minnesota.

Bulk Process Equipment (BPE) of Isanti, Minnesota is representing Sly in the states of Minnesota, North Dakota and portions of South Dakota, Wisconsin, and Iowa. Bulk Process Equipment was formed in 1999 by Wayne Anderson to provide assistance with the design and installation of systems incorporating equipment to handle all types of dry bulk products. BPE has two additional salesmen to cover the territory.

Juri Louthcko has recently returned to being a manufacturer’s rep after spending several years as a sales manager of material handling and pneumatic conveying systems. Juri has a total of over 18 years experience in the dry bulk materials handling industry. Jeff Kinnunen has been with BPE for two years following previous work experience at the General Mills pilot plant processing dry cereals.

Avalon Holdings appoints new president and CEO

Avalon Holdings Corporation announced the appointment of Steven M. Berry as president and chief executive officer effective March 1, 2010.

Berry was also elected as a director of Avalon. Berry has over twenty-five years of experience in the waste management sector.

Ronald E. Klingle, who previously served as Avalon’s CEO, will continue in his role as the chairman of the board.

Enerkem appoints new chief financial officer

Enerkem Inc., a waste-to-biofuels and advanced chemicals technology company, announced that Patrice Ouimet has joined the company as vice-president and chief financial officer.

Prior to joining Enerkem, Ouimet was vice-president, corporate development and enterprise risk management for Gildan Activewear, an international apparel manufacturer and marketer. As a chartered accountant, Ouimet began his career with Ernst & Young. He later worked in the investment banking sector, primarily in the industrial and paper and forest products sectors. Ouimet was director, mergers and acquisitions at Lazard and Director, Investment Banking at CIBC World Markets.

Container lines to raise rates in April

Container shipping lines in the Westbound Transpacific Stabilization Agreement (WTSA) are recommending a further general rate increase on ocean cargo moving from the United States to Asia.

Effective April 1, 2010, WTSA carriers say they intend to raise dry cargo rates by $300 per 40 foot container (FEU) and $240 per 20 foot container (TEU). Lines have additionally proposed that refrigerated cargo rates increase on April 1 by $300 per FEU and $240 per TEU for United States. West Coast cargo, and by $500 per FEU and $400 per TEU for all other cargo, including minilandbridge, inland intermodal and all-water shipments from the United States East and Gulf Coasts.

AISI appoints new director of collaborative R&D

The American Iron and Steel Institute (AISI) announced the appointment of Joseph R. Vehec as senior director of collaborative research and development.

Most recently in his career, Vehec has been responsible for AISI’s Technology Roadmap Program, a $38 million collaborative research and development (R&D) effort between AISI and the United States Department of Energy (DOE). As director of the program, he took the lead toward achieving the common goals of 47 individual research projects dedicated to increasing the competitiveness of the United States steel industry, saving energy and enhancing the environment. He was appointed director of the Technology Roadmap Program in 2000.

Vehec joined AISI’s Pittsburgh, Pennsylvania office in 1993 as a contract administrator of the Advanced Process Control Program, a $27 million, 10 year collaborative R&D program between AISI and the DOE consisting of six research projects focused on developing systems for online control of key steps in the production of steel.

Prior to joining AISI, Vehec joined Eichleay Engineers, Inc. in 1981, serving as a financial consultant to the Duquesne Light Electric Utility Company’s nuclear construction division. In this capacity, Vehec developed capital budgets, and helped satisfy governmental and regulatory agency financial requirements on Duquesne Light’s Beaver Valley Nuclear Power Station multi-billion dollar construction project.

In 1989, Vehec joined Kvaerner Engineers (now Aker Solutions) and was responsible for cost analysis and controls for multi-million dollar steel industry engineering and construction projects.

Universal Stainless raises stainless wire rod base price

Universal Stainless & Alloy Products, Inc. announced a base price increase of five percent on all stainless wire rod manufactured at its Dunkirk Specialty Steel, LLC facility. The increase was effective with all new orders placed March 1, 2010 and forward. Current material and energy surcharges will remain in effect.

VEIT registers business for Canadian expansion

VEIT, a specialty contracting and waste management company based in Rogers, Minnesota, has become registered to conduct business in Canada. The registration is a result of growth opportunities in Canadian industrial and energy markets,

In addition, VEIT has promoted three executives within its waste management group:

•Steve Halgren has been promoted to president, with overall responsibility for roll-off container, landfill, and waste transfer/recycling operations in Minnesota.

•Russ Reger has been promoted to vice president of roll-off operations, with day to day direction of roll-off and waste transfer/recycling operations in Minnesota.

•Ian Vagle has been promoted to vice president of landfill operations, overseeing activities at VEITs four construction and demolition debris landfills located throughout Minnesota.

Carlone joins PSC Metals as non-ferrous manager

Brian Carlone has joined PSC Metals, Inc., as manager, non-ferrous trading, based in the company’s Barberton location.

An industry veteran, Carlone was employed by Metallico Annaco, Inc. for 21 years. He is incoming vice president of the Northern Ohio Chapter of the Institute of Scrap Recycling Industries, Inc. (ISRI).

Carlone resides with his family in Canton. He has an undergraduate degree in business management from the University of Akron.

As manager, non-ferrous trading, he reports to Mark Shapiro, vice president of PSC Metals’ non-ferrous trading.

Advanced Disposal acquires Nashville business

Advanced Disposal Services, in Jacksonville, Florida, acquired Waste Removal Services LLC in Nashville, Tennessee.

Berl Mayfield, former owner and operator, will join Advanced Disposal.