For immediate Release:
Monday 8/16/21
Contact: Thomas A. Knippel; (714) 310-6947
SA Recycling LLC of Orange California announced today that it has acquired the business assets of Southern Recycling LLC, in Nashville, Tennessee, and Bowling Green and Owensboro, Kentucky from its owner Houchens Industries, Inc. The acquisition closed and became effective on Friday August 13, 2021.
Southern Recycling is located in Nashville, Tennessee, where it operates a shredder. It also has locations in Bowling Green, and Owensboro, Kentucky. SA has retained the employees of Southern Recycling and operations will continue uninterrupted effective Monday August 16th under the name SA Recycling LLC. The purchase adds to SA Recycling’s footprint by providing additional east coast market share. It will allow SA to further increase its southeast shredding and metals operations, as well as increase its scrap purchasing volumes in the area.
SA Recycling made its first entry into the Southeast scrap market when it purchased the seventeen (17) scrap metal processing facilities of Newell Recycling Southeast, LLC, in February of 2016. In November of 2017, SA acquired the assets of Tennessee Valley Recycling, LLC, headquartered in Decatur, Alabama, with seven (7) locations in the Alabama/Tennessee region. In 2018, SA acquired the assets of Georgia Recyclers in Savannah. In a separate deal in 2018, SA assumed the operations of two Alter yards in Mobile, Alabama and Hattiesburg, Mississippi. In 2020 SA acquired the assets of Steel City Recycling in Birmingham, Alabama and West Point, Mississippi. In 2021 SA entered the Florida market with the purchases of Capital Scrap (Pompano Beach, FL., West Palm Beach, FL., Stuart, FL.); Metals USA (Lauderhill, Fl., Opa Locka, FL., Miami, FL.); and Southern Scrap (Pensacola, FL). The Southern Recycling purchase will now compliment those previous acquisitions.
SA Recycling now operates eighty-seven (87) scrap metal processing facilities from coast to coast including fifteen (15) shredders and three (3) port loading operations in Long Beach and Los Angeles, California, and Savannah, Georgia. The company also operates an iron ore facility in Long Beach, California offering high grade Iron Ores to the international marketplace. The Orange, California based company specializes in the purchase, processing and sales of ferrous and nonferrous metals with a strong domestic presence as well as export operations. SA’s philosophy is a dedication to customer service, safe and clean operations for their employees and customers, a dedication to community and family, and offering the best recycling services and value to its customers. The company is headed by CEO George Adams and is a joint venture between Adams Steel and Sims Limited.
Houchens Industries, Inc. is headquartered in Bowling Green, Kentucky. It is one of the largest 100% employee-owned companies in the United States, with more than 16,000 employees. Its diversified holdings include food stores, restaurants, pharmacies, insurance, highway and commercial construction, distribution, manufacturing, and retail optical stores. Houchens has been in business for over 100 years.