St. Louis-based leading national scrap metal processor Alter Trading Corp. has purchased Miller Compressing Company.
Miller Compressing, which was established in 1887, is a scrap processer located at 1640 Bruce St. in Milwaukee’s Menomonee Valley. The company processes and sells more than 600,000 tons of ferrous scrap and more than 250 million pounds of nonferrous scrap annually.
“We are pleased to welcome Miller Compressing into the Alter family,” said Robert Goldstein, chairman, CEO and president of Alter. “Their long history and strong reputation in the industry, combined with our companies’ shared values of integrity, quality, safety and customer service, make them a natural fit for Alter. In addition, Miller Compressing’s expanded processing capabilities, including an aluminum furnace, heavy media processing and electronic recycling, enable us to deliver additional value for our customers.”
Last week, the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) cited Miller Compressing with two willful safety violations for allowing employees to perform maintenance on a shredder without first isolating the machine’s energy source. OSHA opened an inspection upon receiving a complaint alleging hazards at the company’s scrap processing facility. The agency is proposing fines totaling $70,000 for the alleged violations.
The acquisition of Miller’s five recycling locations brings Alter to 16 processing facilities in Wisconsin and 43 in the U.S. It serves residential, commercial and industrial clients.
