In spite of the burgeoning overall demand for recycled metals, a recycling market can reward scrap yards one year and punish them severely the next. Yet Société des Métaux Recyclés (SMR) has been able to thrive in times so lean that profitability was difficult, even for their yards with annual business totalling billions of dollars.
LiuGong North America
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Joint venture between Metso and LiuGong to develop Chinese track-mounted crushing and screening business
Metso and Guangxi Liugong Group Co., Ltd. (LiuGong) have obtained all necessary approvals from the Chinese authorities and the 50%-50% joint venture between the two companies has been officially established. Headquartered in Shanghai, Liugong Metso Construction Equipment (Shanghai) Co. Ltd. (LiuGong-Metso), will combine Metso’s know-how in track-mounted crushing and screening business and technology with LiuGong’s extensive distribution resources (900 customer service locations in China) and manufacturing capabilities in China.
When it comes to recycling steel, aluminum, copper and other metals, David Dallavalle, Director of the Quebec-based recycler, Société Des Métaux Recycles (SMR), says his company needs hard-working equipment that is durable, reliable and easy to maintain. Recently, the company completed the purchase of its fifth LiuGong machine in just over a year.