Dive Brief:
- Upstate Shredding LLC-Ben Weitsman has acquired assets of a scrap metal recycling company- Brant Auto Parts.
- Brant Auto is located in Irving, New York and specializes in recycling ferrous and non-ferrous scrap metal.
- The purchase of the scrap yard marks the 18th acquisition toward the company's goal of buying 50 properties.
Dive Insight:
Upstate Shredding-Ben Weitsman's anticipates processing over one million tons of ferrous materials and 250 million pounds of nonferrous metal this year. The company's revenue in 2012 was $500 million.
According to a news release, owner Ben Weitsman said, "This location is perfect for our western expansion plans as we continue to build out our footprint and acquire yards that are strategically located in the Northeast."
