PSC Metals makes asset acquisitions

PSC Metals, Inc. has expanded its operations in Knoxville, Tennessee, by acquiring the assets of Metals Solutions, LLC and Knox Recycling, Inc.

Founded in 2005, Metals Solutions is a producer of secondary aluminum. The company will be located at PSC Metals’ latest scrap buying center at 5336 Counselor Lane in Knoxville.

Opened in 2008, Knox Recycling is located at 10327 Cogdill Road in Knoxville. Knox Recycling will be buying recyclable material for processing at other PSC locations in the region.

Previous owners, Dale Ferraro and Jason Loveland, will remain with the companies.

This is the fourth acquisition PSC Metals has made in 2011. The most recent was its acquisition of the assets of Shapiro Brothers, Inc. with four locations in Missouri, Illinois and Arkansas in September.