LA GRANGE, KY –
La Grange, Kentucky-based Stainless Steel Midwest (SSMW), a leading recycling company that specializes in stainless steel and nickel-based alloys, is thrilled to announce its acquisition of Houston-based Allied Alloys, LP, a pioneering force with compatible expertise in the stainless steel & alloy industry.
This strategic move marks a significant milestone in both companies’ journey towards expansion and innovation. Steve Jones, President of Stainless Steel Midwest said: “I am pleased to grow Stainless Steel Midwest with the addition of Allied Alloys. Our companies have had a long business relationship and this agreement stems from our combined desire to grow our companies for our employees, suppliers, and customers.”
The acquisition will bring together two formidable entities with shared values and complementary strengths. SSMW’s expertise in metal recycling aligns seamlessly with Allied Alloys’ commitment to delivering cutting-edge solutions and unparalleled service to its customers.
Andy Mitch Greenberg, Founder and Partner of Allied Alloys, said: “Today marks a pivotal moment in our journey as we forge ahead in the realm of metal recycling. This acquisition symbolizes not just a union of two companies but a fusion of our shared commitment to sustainability and innovation. Together, we will amplify our impact and reshape the landscape of recycling to pave the way for a greener, more sustainable future.”
Allied Alloys, renowned for its unique products, services, and technologies, has established a solid reputation for excellence and innovation in the industry. Mukesh Turakhia, President of Allied Alloys, said: “By joining forces with SSMW the combined companies will gain access to resources and expertise while expanding market reach to further enhance our ability to innovate and drive growth.”
Allied Alloys will continue to operate under its current name and brand, ensuring continuity for its customers and partners. However, it will now benefit from the synergies and resources available to the combined entities.
Nidhi Turakhia, CEO of Allied Alloys, said: “Today is a testament to the enduring legacy Allied Alloys has built. As we join forces with Stainless Steel Midwest, we are poised to shape a new chapter, blending our expertise in metal recycling with their vision for a greener tomorrow. Together, we’ll reshape the landscape of sustainability, one recycled metal at a time.”
Both companies are committed to ensuring a smooth transition process for employees, customers, and stakeholders.