Commercial Metals appoints
Commercial Metals Company has appointed Barbara
R. Smith as senior vice president and chief financial officer
for the company. In this position, Smith will have responsibility
for all financial functions of the company.
Prior to joining CMC, Smith was the vice
president and chief financial officer for Gerdau Ameristeel in
Tampa, Florida. She also served as senior vice president and
chief financial officer for FARO Technologies, Inc. in Orlando,
Florida. Her career included 24 years’ service with Alcoa Inc.
where Smith held a variety of financial leadership positions
including vice president of finance for Alcoa’s Aerospace, Automotive
and Commercial Transportation Group; vice president and chief
financial officer, Alcoa Fujikura Ltd.; and director of internal
Smith was recently elected to the board of
directors for Minerals Technology, Inc.
Smith will succeed Bill Larson who has been
with CMC for 20 years, the last 12 in the role of CFO.
Choice Environmental acquires
Swisher Hygiene Inc.’s subsidiary Choice Environmental
Services will acquire Lawson Sanitation LLC, a Miami-based solid
waste services provider. Swisher agreed to pay up to $5.5 million
in cash, assume certain liabilities and issue of up to nearly
a million common shares of Swisher stock, subject to certain
conditions and approval of the Toronto Stock Exchange. Lawson
has been in business since 2003 and serves commercial and residential
customers in South Florida with a range of waste and recycling
services. Lawson has been led by founder John Lawson, Jr., who
brings 22 years of experience to the Choice Environmental team.
IESI-BFC Ltd. reports increased
IESI-BFC Ltd. reported financial results for
the three months ended March 31, 2011.
Reported revenues increased $158.8 million
or 60.1 percent from $264.0 million in the first quarter of 2010
to $422.9 million in the first quarter of 2011 due in large part
to our acquisition of Waste Services, Inc.
Organic gross revenue, which includes intercompany
revenues, grew 3.9 percent on a consolidated basis and is comprised
of total price and volume growth of 3.3 percent and 0.6 percent,
respectively. Total price and volume improvements in Canada were
4.2 percent and 0.7 percent, respectively, and 2.6 percent and
0.5 percent in the United States. Each revenue growth component
has been prepared on a comparable basis, as if WSI’s operations
were combined with ours in the current and previously comparable
quarter, and has assumed a foreign currency exchange rate of
parity when prepared on a consolidated basis.
Warfield appointed development
Bill Warfield has been appointed to the position
of business development manager of Geotechnical Drilling and
Exploration (GDE) for Atlas Copco Construction & Mining,
In his new role, Warfield will work with
Atlas Copco sales staff as well as engineering firms and contractors
around the country to promote the entire GDE product line.
Most recently, Warfield had been product
manager of Ground Engineering Products for Atlas Copco.
Round2 Inc. achieves
Round2 Inc., an eRecycling service provider,
has achieved the Responsible Recycling (R2) certification for
processing facilities in Austin and Coppell, Texas, as well as,
Grove City, Ohio. Endorsed by the Environmental Protection Agency,
the R2 Practices for Electronics Recyclers establish a hierarchy
for the safe and responsible handling of electronic waste.
Metalico reports strong
Metalico, Inc. reported earnings of $0.19
per share and net income of $8.8 million for the first quarter,
with significant increases in sales and operating and net income.
The company posted sales of $182 million
for the quarter ended March 31, 2011, compared to $134.1 million
for the comparable 2010 quarter when it reported net income of
$3.5 million or $0.08 per share. All per-share calculations are
on a diluted basis.
Operating income increased 25 percent for
the first quarter to $17 million, compared to $13.6 million for
the prior-year period.
Effective January 1, 2011, the company has
identified Platinum Group Metals (PGM) and Minor Metals Recycling
as a new operating segment as a result of its growing importance.
PGM and Minor Metals performance was previously included in the
Scrap Metal Recycling segment.
Metalico’s management said the separation
clarifies distinctions between the company’s traditional scrap
metal recycling operations and the operations of its specialized
PGM and higher-value Minor Metals recycling for reporting purposes.
Platinum Group Metals include platinum, palladium, and rhodium,
and Minor Metals include molybdenum, tantalum, tungsten, niobium,
rhenium, manganese and chrome.
Where applicable, all previous year information
reported by the company has been adjusted to reflect comparable
Bateman Manufacturing relocates
Bateman Manufacturing Inc. relocated their
manufacturing operations from Orillia, Ontario to a larger facility
in Shanty bay, Ontario. The growing demand for Bateman’s grapples
and attachments has resulted in a decision to move to a larger
facility that is designed for fabricating standard and custom
attachments of all sizes.
Bateman also welcomed David Carey as its
new sales and marketing manager. Carey brings with him 30 plus
years of experience in the construction equipment industry.
The company expects production to be back
to 100 percent by early June.
Becker appointed to sales team for Atlas
Scott L. Becker has been appointed to the
Surface Drilling Equipment (SDE) sales team at Atlas Copco’s
Baltimore store. In his new role, Becker will report directly
to Edward J. Hullet Sr., branch manager at the Baltimore location.
Becker has worked in the construction equipment
industry since 1995. This includes five years in the drilling
Schnitzer acquires American Metal Group
Schnitzer Steel Industries, Inc. has acquired
substantially all of the assets of American Metal Group, Inc.
and certain of its affiliates which operate from facilities in
San Jose and Santa Clara, California.
Terms of the transaction were not disclosed.
Machinery new Terex Fuchs distributor
Road Machinery, LLC now distributes the full
line of Terex Fuchs material handling machines built for scrap,
portside and recycling applications. These machines are offered
at its branches throughout Arizona, California and New Mexico,
in addition to a location in El Paso, Texas.
Road Machinery, LLC began in 1955 in Phoenix
as a sales and service based company for heavy machinery. The
company experienced rapid growth and has since advanced to offer
machines serving the construction, mining, road paving, industrial,
energy, forestry and government segments. Today, Road Machinery
has 14 locations throughout the states of Arizona, California
and New Mexico, with one location in El Paso, Texas, and two
locations in Mexico.
Inc. to relocate corporate headquarters
Copart, Inc. announced that it will be relocating
its corporate headquarters to Dallas, Texas in 2012. Copart will
also create three divisional processing centers located in Fairfield,
California, Grand Prairie, Texas and Hartford, Connecticut. Certain
functions currently performed at the Fairfield, California corporate
headquarters will transition to these centers over the next two
team grows at Bunting Magnetics
Bunting Magnetics Co, headquartered in Newton,
Kansas, announced the addition of Matt Anderson, manufacturing
engineer, and Kenton Stumps, as a design engineer for their material
handling product line.
Anderson will handle the overall workflow
of active orders between our Technical Services group and the
plant floor operations. Anderson has several years of experience
in sheet metal fabrication and shop floor planning along with
previous experience in CAD/CAM systems, job routing and tooling
design. In the past, Anderson has designed and engineered new
products for Weckworth Manufacturing in Haysville, Kansas and
Hehr International in Newton, Kansas.
Stumps holds a Bachelor of Science degree
in Mechanical Engineering from Wichita State University. Stumps
has experience in the aerospace, construction and manufacturing
sectors. He has a deep background in Catia V5, Solid Works and
AutoCad software programs.
acquires Healthcare Waste Solutions
Stericycle, Inc. has completed the acquisition
of former rival Healthcare Waste Solutions (HWS), originally
announced last September, from Altaris Capital Partners, LLC
for $245 million.
HWS is expected to add about $45 million
in annualized revenues. The United States Department of Justice
(DOJ) and the state of New York cleared the transaction after
Stericyle agreed to divest some of its New York assets, including
a transfer station in the Bronx. The DOJ’s antitrust division,
along with the attorney general of the state of New York, filed
a civil antitrust lawsuit under the Hart-Scott-Rodino Antitrust
Improvements Act of 1976 in U.S. District Court in Washington,
D.C., to block the proposed transaction. Consequently, the value
of the deal was reduced by $8 million to reflect the divestiture,
various other adjustments, and a reduction for HWS’s indebtedness
as of the closing date.
Anderson appointed new district manager
Derek Anderson has accepted the new position
of district manager for the South Central region of Atlas Copco’s
Drilling Solutions (ADS,) Rock Drilling Tools, Surface Drilling
Equipment, and Geotechnical Drilling and Exploration (GDE) product
lines. His responsibilities include working with Atlas Copco
distributors Luby Equipment and Venture Drilling Supply. In his
new role, Anderson will continue to report directly to Scott
Slater, business line manager for GDE and ADS Oil & Gas.
Anderson has worked for Ingersoll-Rand and
Atlas Copco for a combined total of 15 years.
In addition to a focus on oil and gas related
products, Anderson will be giving special attention to the quarry,
mining and construction industries.
board declares quarterly dividend
The board of directors of Schnitzer Steel
Industries, Inc. declared a cash dividend of $0.017 per common
share, payable on June 2, 2011, to shareholders of record on
May 19, 2011. Schnitzer has paid a dividend every quarter since
going public in November 1993.
Erection & Crane Rental Corp. expands
The ALL Erection & Crane Rental Corp.
Family of Companies announced the expansion of their facilities
with two branch relocations: one in St. Albans to Nitro, West
Virginia and one in Tampa, Florida.
Crane & Equipment Rental Corp., formerly of St. Albans, West
Virginia, celebrated its move to a larger facility in nearby
Nitro with a day of grand opening festivities. With 38,000 sq.ft.
under one roof, the new location will allow the company to organize
its space to service customers more efficiently. Increased shop
space will allow the staff to complete more work in a shorter
amount of time, and with better oversight and supervision by
ALL Crane Rental of Florida in Tampa moved
to 10 acre property, formerly occupied by another heavy equipment
company. It offers 5 state-of-the-art buildings, including a
5,800 sq.ft. office, a 1,600 sq. ft. safety and training building;
two shops with a total of 8 service bays; paint booths; and a
large equipment yard.
Metal acquires UK Metals Recycler
Sims Metal Management’s subsidiary, Sims Group
UK Ltd., has completed the acquisition of Dunn Brothers Limited,
a UK metals recycling business.
Dunn, a full-service ferrous and nonferrous
recycler, operates 9 facilities that include a 6,000 horsepower
shredder, nonferrous recovery systems and dock facilities. Dunn’s
key shredding and non-ferrous recycling assets are located in
its Birmingham facilities and are supported by a collection and
export infrastructure extending from Southampton in the south,
Ipswich in the east, Liverpool in the northwest, Avonmouth in
the southwest and Barry in Wales. Dunn processes approximately
35,000 tons of scrap metal per month.
hires new heavy industries sales engineer
Eriez announced the appointment of Brian Vrablic
to the new position of sales engineer – recycling.
In his new role, Vrablic will support the
Eriez Heavy Industries Group, which is led by Dan Norrgran, heavy
industries market manager. He will work closely with Al Gedgaudas,
resource recovery market manager, and Mike Shattuck, heavy industries
project manager, selling Eriez solutions to the metals recycling
Bros. acquires Automated Waste Disposal
Winters Brothers Waste Systems CT, LLC has
purchased Automated Waste Disposal’s companies from the U.S.
Owners, Joe and Sean Winters are second generation
veterans of the waste management industry having helped to build,
own and operate Winters Bros. Waste Systems of Long Island.
After becoming aware of the opportunity to
purchase the Automated Waste Disposal assets, Joe and Sean Winters,
who will serve as the company’s CEO and senior vice president
respectively, assembled a team of other veteran waste management
professionals to ensure a successful launch of this new business
initiative. The deal was brokered by the New York-based investment
banking firm of Dominick and Dominick.
Financial terms of the transaction were not
Vijay N. Madi named chief technology officer
Universal Stainless & Alloy Products,
Inc. announced that Vijay N. Madi, Ph.D., has been named to the
position of chief technology officer.
In this position, Dr. Madi will significantly
strengthen the company’s technical support to customers as well
as to provide the metallurgical expertise critical for its process
improvement effort and product expansion strategy. Dr. Madi will
lead the metallurgical process development at Universal Stainless
and will oversee all company laboratory qualification and capability
testing and analysis.
Dr. Madi most recently served as manager,
process technology research, for AK Steel Inc in Middletown,
Ohio, a post he held since 1999. Prior to 1999, Dr. Madi was
employed by ARMCO where he held various senior positions including
senior staff engineer and manager, steel technology.
Hunter named GM of ALL Carolina Crane
The ALL Erection & Crane Rental Family
of Companies has appointed Jeremy Hunter as general manager of
ALL Carolina Crane Rental of Wilmington, LLC. He heads to Wilmington
from the Atlanta branch of ALL Crane Rental of Georgia, where
he served for 12 years as lead dispatch and logistics manager
and previously as aerial dispatcher. Hunter began his career
at ALL in 1997, working in the yard while attending Georgia State
University, from which he graduated in 1999.
Hunter will be joined in Wilmington by his
wife, Amanda Hunter, current accounts receivable and contracts
manager at the Atlanta branch. She has worked for the ALL Family
of Companies for almost a decade, gaining tremendous knowledge
of the crane market. She will provide organizational support,
ideas, and a wealth of productivity knowledge to the Wilmington
appointed product support technician
Aaron Enthofen has been appointed to the position
of product support technician for Atlas Copco’s Edge Drill Monitor
product line. In his new role, Enthofen will report directly
to Jason Blais, product manager, Down-The-Hole Products.
Enthofen previously was with Wellbenders
Directional Service. In his new position, his primary responsibilities
will include complete product support for Edge DTH drill monitoring
systems, supporting both Atlas Copco store and distributor channels.
opens distribution center in Missouri
To expedite delivery of its remanufactured
products to equipment dealers throughout North America, CNH has
opened a remanufactured parts distribution center within its
260,000 square foot CNH Reman operations facility in Springfield,
The distribution center will support Case
IH, Case Construction Equipment, New Holland Agriculture, New
Holland Construction, Kobelco and Fiat Powertrain Technologies
(FPT) dealerships in North America, by shipping high-priority
remanufactured products such as those with specialized or unique
configurations, directly from the Springfield plant to dealers.
CNH sees remanufactured products as an opportunity
for dealers to help equipment owners and operators achieve greater
productivity while lowering their total cost of ownership.
Sparano named to board of directors
BlueFire Renewables, Inc. announced that Joe
Sparano has joined the company’s board of directors. As former
president and, subsequently, executive advisor to the chairman
of the board of the Western States Petroleum Association (WSPA),
as well as former president of Tesoro Petroleum’s west coast
regional business unit, Sparano is a welcomed addition to the
BlueFire Renewables board.
Sparano is retired from WSPA at the end of
March, after completing a fifteen month term as executive advisor
to the chairman of the board of the association, where he advised
the chairman and supported WSPA’s president on matters related
to the trade organization’s operations and advocacy in six western
states – California, Arizona, Nevada, Washington, Oregon and
Sparano also serves as a member of the board
of directors of CVR Energy, Inc. Previously, Sparano served as
WSPA’s president for almost seven years. Immediately prior to
his appointment as WSPA’s president, Sparano was president of
Tesoro Petroleum’s west coast regional business unit and vice
president of the company’s heavy fuels marketing segment.