Triple M acquires Ontario yards

Brampton, Ontario-based Triple M Metal LP has announced the acquisition of BM Metal Services Inc. and North Bay Salvage from Sudbury, Ontario-based Milman Industries Inc.

The acquisition includes three recycling facilities in the Sudbury area and another in North Bay, Ontario.

“We are extremely proud to welcome the scrap division of BM Metals and North Bay Salvage into the Triple M Metal family,” says Steve Leddy, president of Triple M. “Adding these reputable and well-established businesses into the Triple M portfolio reflects our organization’s commitment to offer to our customers and suppliers best-in-class services.”

Triple M Metal, part of the Giampaolo Group, has been growing in scale for the past several decades. It now has 35 facilities in Canada and the United States and operates shredders, stationary and mobile shears, ferrous and nonferrous balers, a copper and aluminum insulated granulation system and what it calls a state-of-the-art downstream (mixed shredded metals) separator. Its processing capacity allows it to handle more than 4 million tons of metallic scrap annually, the firm says.