New York company enters Buffalo market.
Niagara Metals , a scrap metal recycling company headquartered in Niagara Falls, N.Y., has added two new locations in the Buffalo, N.Y., area, through its acquisition of Ben Singer & Sons. The acquisition brings to four the number of facilities that Niagara operates. The company also operates a feeder yard in Royalton, N.Y., which it opened in 2010.
The facilities acquired include a five-acre scrap metal recycling facility in North Buffalo, N.Y., and a rail transloading yard in Lackawanna, N.Y. Niagara Metals also operates a feeder yard in Royalton, N.Y.
“We plan to grow in a disciplined manner. We now have experience in acquiring existing businesses and starting from scratch”, says a spokesman for Niagara Metals. “We are excited and ready to provide the Buffalo market with the same first class service we have provided in Niagara Falls for the last six years.”
In making the acquisition, Niagara Metals says it will retain all Singer employees, including Lee Singer, president of Ben Singer and Sons, who will join Niagara Metals’ management staff. Jon Marantz, Niagara Metals’ special projects coordinator, says that including Singer’s employees the company has a total of 35 employees.
In announcing the acquisition, Niagara Metals says it will upgrade and add equipment at the North Buffalo scrap metal facility, including installing a second truck scale, improving the facility’s environmental controls, building new offices and adding truck-level loading docks.
Marantz adds that the new Buffalo facility will be used as a feeder yard, although the yard will conduct some processing at the new site.
He also says the new facilities will give Niagara Metals greater coverage of the more densely populated Buffalo area. The acquisition also will help Niagara company to strengthen its retail and small business trade.
Niagara Metals is owned by Todd Levin, whose family began operating in the metal industry in 1898. The Levin and Singer families have done business together for more than 50 years. Because of this, there is a comfort level between the two companies, notes Marantz.
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