New company becomes a major player in nonferrous market
Kramer Metals Inc. officially announced it has merged its nonferrous operations with G. Harris International to form Spectrum Alloys LLC. The merger unites two of the most well-respected, experienced, and knowledgeable families in the nonferrous scrap recycling business.
“Spectrum Alloys builds on the synergies that both companies have developed over the last several generations of operations,” said Doug Kramer, president of Spectrum Alloys. “It combines the significant processing capabilities and industrial scrap business of Kramer Metals with the commercial and wholesale business of G. Harris to form a stronger company with unlimited growth opportunities.”
The merger of these two companies makes Spectrum Alloys one of the largest regional buyers and exporters of copper and brass scrap on the West Coast, as per the company. In addition, the company said it will be engaged in purchasing select grades of aluminium, and place a strong emphasis on purchasing nickel chrome iron, nickel refinery, and stainless steel.
Spectrum Alloys also announced that Robb Cohn has joined the firm in the role of Senior Trader. “We are excited that Robb chose to join our team and his presence here builds on the synergies that both companies have developed over the last several months that we have been ramping up operations,” said Doug Kramer. “We’re really excited to grow this business and Robb will play an important role in that process.”
Spectrum Alloys began operations on September 1, 2017. It currently employs 30 workers and operates out of Kramer Metals’ nonferrous location at 1760 E. Slauson Avenue in Los Angeles.