Metal Industry News

Nucor Scrap Subsidiary Acquires Recycler

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Nucor Corp., Charlotte, N.C., has acquired the assets of Cincinnati-based Garden Street Iron & Metal on behalf of its recycling subsidiary, River Metals Recycling. The deal includes one feeder and one shredder yard, bringing RMR’s total number of recycling facilities to 19.

"We are excited to welcome the Garden Street teammates to the RMR/Nucor family," said Bob Eviston, vice president and general manager of RMR. "This key strategic acquisition will allow us to increase our supply of sustainable raw materials for our growing steelmaking capacity in the region."

The acquisition will broaden RMR's footprint in the industry and the company will institute its equipment, operational protocols and safety standards at the facility, which will be rebranded under the RMR name.  

In December 2021, another Nucor scrap recycling affiliate, Trademark Metals, purchased Garden Street's recycling facilities in Fort Myers, Fla.

RMR is the largest scrap recycler in Kentucky and the Greater Cincinnati area, and operates locations in Indiana, Kentucky, Ohio and West Virginia. RMR is a wholly owned subsidiary of Cincinnati-based, The David J. Joseph Company, a Nucor subsidiary.

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