Excited to announce that Judy Ferraro is writing for METALSRECYCLING.

METALSRECYCLING Magazine is proud to announce that starting with the March/April ISRI Convention issue, Judy Ferraro will also be writing for our magazine. In addition to working for Shapiro Metals, Judy wrote for ISRI's Scrap magazine for over 17 years, and has been very active with ISRI's Young Executives and Women in Recycling groups. Judy Ferraro, an award winning columnist and author of two books with one on the way, has been a writer and mentor in the recycling industry for more than two decades. Her passion is collaborating with young sales and leadership individuals who strive for nurturing and developmental cultures in their businesses. Judy's column will be titled, The C.A.R.T, which will employ Judy’s core values, Care. Assist. Respect. Trust. in every issue.

We couldn't be happier to add her to the editorial team.

Harris Expands Cordele Facility

Cordele, GA – In response to the continued growth in customer demand for their machinery, Harris, a division of Avis Industrial, has announced the dramatic expansion of the company’s advanced machine shop at its Cordele, GA manufacturing complex.

The expansion encompasses the construction of a new machine building, adjacent to the current machine shop, with over 14,000 square feet of new production and training space. The expanded capacity will be home to CNC machining centers for turning, milling, drilling, and shaping, will provide a state-of-the-art environment for the machinists plying their trade, and allow for central meeting and training space for the nearly 150 employees on the Cordele campus.

“Harris is the only supplier in the industry that manufactures their units “from the steel up” and performs all of that work in the U.S.” says D.J. Van Deusen, president of Harris. “Our renowned design and construction builds machines that operate over generations and the hydraulics systems at the heart of our machines are what make them fast, productive and efficient. We are thrilled to provide an upgraded environment for our skilled machinists, excited about the efficiency gains the new layout will provide, and proud to be making this substantial investment at home in Cordele and Crisp County, Georgia”

Harris’ Cordele manufacturing complex is a 130-year-old, 22-acre facility served by direct rail access. It encompasses facilities for fabricating, machining, cylinder manufacturing, and assembly of Harris’ largest balers and shears as well as the Harris TransPak units.

About Harris

Harris is North America’s oldest and largest manufacturer of scrap processing and recycling machinery. Offering a complete line of shears, balers and shredders for the processing of recyclable, scrap, and solid waste materials Harris has the capability to support the largest range of applications in the industry. Harris manufactures industry leading triple-compression balers, auto-tie extrusion balers and more. With the industry’s largest North American and global installation base, Harris leads the industry with innovative products that deliver long-life and superior throughput.

Metso Outotec to divest its Metal Recycling business

Metso Outotec Corporation's press release on December 31, 2021 at 09:00 am EET

Metso Outotec has signed an agreement to divest its Metal Recycling business line to an

affiliate of Mimir, an investment company based in Stockholm, Sweden. The closing of the

transaction is expected to take place during the first half of 2022. The parties have decided not

to disclose the value of the transaction. The divestment will not have a material impact on Metso Outotec’s financial results.

Metso Outotec announced in October 2020 that it intends to divest its recycling businesses,

which have since been reported as part of discontinued operations in Metso Outotec’s financial

statements. The divestment of the Waste Recycling business has already been completed.

“We are delighted that going forward, the Metal Recycling business will continue to implement

its strategy together with the new owner Mimir. As an established standalone company, its full

focus will be on the metal recycling markets and customers,” says Piia Karhu, Senior Vice

President, Business Development and Metal Recycling business line at Metso Outotec.

“This is a great opportunity for Metal Recycling to take the next step in our development”, says

Ioannis Giouvanitskas, Vice President of Metso Outotec Metal Recycling. “Mimir has the

resources to quickly expand our leading market position and to be able to provide our products

and services to a growing, global customer base”, he continues.

”We warmly welcome Metso Outotec Metal Recycling to Mimir and look forward to driving

growth for this attractive business together with its employees. Metso Outotec Metal Recycling

is a typical Mimir investment, being carved-out from a large corporation with leading technology and engineering expertise that positions it among the premium brands in its markets,” says Joakim Notö, Managing Partner and Group Chairman at Mimir Invest.

The Metal Recycling business sold to Mimir includes the brands Lindemann and Texas

Shredder. The business will change name in conjunction with the divestment and operate

globally under the Lindemann brand, with headquarters in Düsseldorf, Germany. Its current

approximately 160 employees will transfer to the new company in connection with the

transaction. The net sales of the business totaled EUR 77 million in 2020.

Mimir is a global investment firm acquiring non-core business units of large corporations as well as private companies that need operationally oriented ownership. The Mimir group has

operations in 20 countries world-wide, employing 1 200 employees. (www.mimirinvest.com)

Further information Piia Karhu, Senior Vice President, Business Development and head of the Metal Recycling Business Line, Metso Outotec, tel+358 40 5406 964, email: piia.karhu(at)mogroup.com Helena Marjaranta, VP, Communications and Brand, Metso Outotec, tel. +358 20 484 3212, email: helena.marjaranta(at)mogroup.com

© Metso Outotec 2020

Metso Outotec is a frontrunner in sustainable technologies, end-to-end solutions and services

for the aggregates, minerals processing and metals refining industries globally. By improving

our customers’ energy and water efficiency, increasing their productivity, and reducing

environmental risks with our product and process expertise, we are the partner for positive

change.

Metso Outotec is committed to limiting global warming to 1.5°C with Science Based Targets.

We ranked 8th on the 2021 Global 100 list of the world’s most sustainable companies.

Headquartered in Helsinki, Finland, Metso Outotec employs over 15,000 people in more than 50

countries and its sales for 2020 were about EUR 3.9 billion. The company is listed on the

Nasdaq Helsinki. mogroup.com, twitter.com/metsooutotec