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Trademark Metals Recycling Announces Gulf Coast Metals Acquisition

On January 23, 2012, Trademark Metals Recycling (TMR), wholly owned by The David J. Joseph Company (DJJ), a Cincinnati-based subsidiary of Nucor Corporation, purchased the assets and business of Gulf Coast Metals, headquartered in Tampa, Florida. Established in 1981, Gulf Coast Metals operates 4 facilities, including Florida’s largest secondary aluminum melting operation located at 6912 E. 9th Avenue in Tampa. The three additional recycling facilities are located in Gainesville, Sarasota, and Tampa. All three locations provide full service metal recycling, buying all grades of ferrous and nonferrous scrap metal.The addition of these four locations is consistent with TMR’s growth strategy and demonstrates DJJ’s commitment to expanding its existing regional recycling platforms.

The secondary aluminum melting operation will enable TMR to convert aluminum scrap into value added products. This process consumes aluminum scrap, such as; used beverage cans, old sheet, cast, painted siding, and other types of aluminum scrap. The finished products consist of spec aluminum alloys in the form of sows, ingots, and cones which are supplied primarily to the aluminum and steel industries.

Founded in 1885, DJJ is one of the largest scrap brokers/processors in the United States providing scrap brokerage, recycling and transportation services. Nucor and affiliates are manufacturers of steel products, with operating facilities primarily in the U.S. and Canada. Nucor is the leading purchaser of ferrous scrap and the largest recycler in North America. Across the USA, DJJ now operates 65 scrap recycling facilities, and seven U-Pull-&-Pay self-service used auto parts stores.