Nucor Corp., a Charlotte, North Carolina-based company that operates a network of electric arc furnace steel mills, has acquired Cincinnati-based Garden Street Iron & Metal’s assets on behalf of its recycling subsidiary, River Metals Recycling (RMR), headquartered in Fort Mitchell, Kentucky. The assets include one feeder and one shredder yard, bringing RMR‘s total number of recycling facilities to 19.
Nucor says the purchase is consistent with its raw materials strategy and demonstrates its commitment to expanding the regional recycling platforms supporting the company’s steel mills.
Garden Street was founded in 1958 by the Weber family, with Earl Weber Jr. having served as president of the company’s Ohio operations until the sale. Weber tells Recycling Today he has retired and left the business. However, he says, his grandson, Tyler Weber, plans to stay on to manage operations at the Cincinnati yard, which is set on 22 acres with three nearby