Metal Source, a subsidiary of Indiana-based Gebhart Holdings, has acquired Imperial Group's aluminum facility in Scottsboro, Alabama, effective August 1. This marks Metal Source's first operation outside of Indiana.
The Scottsboro facility is equipped with two rotary furnaces and a reverberatory furnace, producing sow, ingot, and deox cone. This acquisition significantly enhances Metal Source's recycling capabilities, allowing it to process over 100 million pounds of scrap aluminum per year and manufacture aluminum alloys, zinc alloys, and aluminum deox cone.
Imperial Aluminum, known for manufacturing aluminum alloys and offering tolling services for aluminum scrap, will see its assets integrated into Metal Source's operations. This strategic expansion follows Gebhart Holdings' acquisitions of Bedford Recycling's facilities in Bedford and Mitchell, Indiana earlier in 2023.
Ben Gebhart, CEO of Gebhart Holdings, stated, "This acquisition allows our company to better serve our customers in the South while expanding our customer base and product capabilities."
Metal Source now operates three aluminum melting locations, two in Indiana and one in Alabama, along with five scrap yards in Indiana. The company has filed for an operating permit for the Scottsboro location but has not yet announced the start date for operations or expected production volumes.
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