Metal Management extends its support
Chicago, IL— Metal Management,
Inc. announced its intention to extend operational and logistical
support to Southern Recycling LLC in the wake of Hurricane Katrina.
Metal Management owns 28.5% of Southern Recycling, which is headquartered
in New Orleans and has operations in Louisiana, Mississippi, Alabama
and Florida. Southern Recycling has informed Metal Management
that it currently is operating at approximately 80% capacity with
only the New Orleans facility down while awaiting power and access.
Metal Management has advised Southern Recycling that Metal Management
is ready to assist Southern Recycling in returning to full capacity
and in meeting the regional recycling challenges of this disaster.
Southern Recycling has been working
closely with municipal, state and federal authorities to assist
in the enormous effort which will be required to recover and rebuild
after Hurricane Katrina. Metal Management, in conjunction with
Southern Recycling, is prepared to marshal significant personnel
and equipment to accomplish an efficient and environmentally safe
recycling of scrap metals from the impacted areas in New Orleans
and the broader Gulf region.
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