Dive Summary:

• Upstate Shredding-Ben Weitsman have acquired a scrap yard from Hornell Waste Material Co. in Hornell, New York.
• The all cash transaction is the company's third purchase in 2013 and is expected to be finalized in 30 days.
• ​This is the company's 15th scrap facility across New York and Pennsylvania.

From the article:

Adam Weitsman, owner of Upstate Shredding and Ben Weitsman, in a statement said, "With our new export facility at the Port of Albany in full operation and second shredder approved for New Castle, we are eager to find new markets for scrap metal."

The Owego, N.Y.-based company calls itself one of the largest privately held scrap metal processors on the East Coast.