Corporate News, April 30, 2012
PM Recovery, Inc. receives Safety Award
Longview, TX - 28 businesses were honored for excellence in safety training April 10th, by the Safety Council of East Texas. Only work performed in the East Texas area, for the year 2011 by member companies were eligible for an award.
The 20 year-old nonprofit company, The Safety Council of East Texas, was formed by local contractors and industries to promote and improve workplace safety through safety training. The Council is also a founding member of the national nonprofit Association of Reciprocal Safety Councils.
PM Recovery, a direct processor of non ferrous secondary metals, received the awards for Zero Incidence and 3 Years Zero Incidence.
“ The criteria to qualify for an award was stringent, and based upon the federal OSHA injury reporting requirements. PM Recovery met the award requirements and we are excited to recognize their efforts in promoting safety training in the workplace. The companies receiving these awards understand that safety training is required by law and it is good business to provide a safe and healthful workplace for their employees.”
- Rick Wall, Council President of Operations
“At PM Recovery, we take great pride in being good stewards of both our employees’ safety and the environment. I thank the leadership at PM for fostering a corporate culture of proactive problem solving in these areas and our employees that embrace it.” - Chris Mays, Plant Supervisor, of PM Recovery Longview
The keynote speaker was Thomas Martin with KBR. Companies from the recycling, manufacturing industries, industrial services, energy, oil field services, and construction participated in the event.
Corporate News, April 19, 2012
Edwin G Falkman joins PM Recovery as Vice President/Director International Business Development
Mark Spano, President and CEO of PM Recovery is pleased to announce that Edwin G Falkman, former CEO and Chairman of Waste Management International PLC is joining PM Recovery as VP/Director of International Business Development effective immediately. Mr. Falkman brings a wealth of managerial experience to the PM group of companies having spent the past 33 years developing and managing enterprises and providing services to both public and private sectors in solid waste, waste water treatment and renewable energy (from waste and other sources) in over 30 countries in Europe, Asia/Pacific, South America and the Middle East.
Mr. Falkman's resume of career accomplishments include the following:
EGF ASSOCIATES, Principal & CEO
Director, BFL Management Ltd (300 acre renewable energy park development)
- Founding principal in several start-ups including LKQ Inc, (now a $4B NASDAQ company); Cliniserve Holdings Ltd
- Business advisory services in solid waste, renewable energy, water and wastewater.
WASTE MANAGEMENT INTERNATIONAL PLC London-based, publicly listed subsidiary of Waste Management, Inc., then the world's largest solid waste management and environmental services group – turnover of $1.8B - $13B respectively for WMI PLC and WM Inc.
- Built Company from $150M to $1.8B turnover and net income from $15M to $160M (EBITDA $360M)
- Led spin-off of 20% of Company via global offering, simultaneously listing on both the LSE and NYSE and raising $750M equity (at the time the largest ever non-privatisation IPO)
- Selected, hired, led key management staff and provided leadership for 20,000 employees in over 25 countries.
Vice President, Secretary & General Counsel
- Extensive responsibility for Company project development, mobilisation and contracts for series of turnkey solid waste projects including Riyadh 1977 - $250M; Buenos Aires 1979 $400M; Jeddah 1980 $400M; Caracas 1981 $120M; Brisbane 1983 $120M; Hong Kong 1989 $150M
SIDLEY AND AUSTIN, Associate - Corporate Law Department
News, April 8 2011
Significant stake of CP Chemicals Group sold to Harrison NY based PM Recovery, Inc.
New Castle, PA - Joe Patrick, President and CEO of CP Chemicals Group announced today that it has sold a significant stake of CP Chemicals Group to Harrison NY based PM Recovery, Inc.
CP Chemicals is a chemicals and metals refining company based in Wickliffe OH. CP specializes in the refining of metal bearing materials, producing high purity metals and chemicals for use in targeted industries. CP has developed an excellent reputation by meeting customers' specifications through advanced metallurgical technologies. CP is a leading supplier of various Nickel, Cobalt and Rhenium related products, and is able to derive a significant portion of its metal feedstock from recycled materials. It has become a leader in the highly specialized recycling and reuse of metals for industry.
PM Recovery has 35 years of experience in the recycling/reuse of high temperature metals. Metals include Nickel, Cobalt, Tungsten, Molybdenum, Vanadium, Rhenium and related alloys. PM Recovery President and CEO Mark Spano explains, "CP represents the best in metal recycling technology. Since its acquisition in 2009, CP has developed new approaches for the refining of Nickel and Cobalt and has integrated these technologies allowing for rapid expansion into related materials. We are excited by the strategic synergies this new partnership will afford, and by our shared culture of environmental integrity and responsibility".
For additional information, please contact CP Chemical at 440 833-3000. www.cpchemicalsgroup.com
Corporate News, March 2011
PM Recovery is pleased to announce the acquisition of Kalco Metals Inc. of Wheatland, PA.
KALCO METALS is a specialty metals and alloys manufacturer, established in 1999, which provides diverse alloy products to the investment casting, aerospace, dental and medical industries worldwide.
A relentless commitment to excellence in both customer satisfaction and quality manufacturing has been the hallmark of Kalco Metals. This commitment is demonstrated by the renewal of their 2010 ISO9001:2008 quality certification.
Becoming part of the PM Recovery family of companies strengthens KALCO'S position as a world class manufacturer of specialty alloys.
Further information of KALCO can be found at www.kalcometals.com.
Corporate News, July 2009
PM Recovery, Inc. is proud to announce a distribution agreement with Norilsk Nickel USA for Nickel Carbonate Chemical Products
A solid reputation in Nickel recycling and extensive market knowledge have allowed PM Recovery the opportunity to expand their service offerings to include nickel chemical products produced by Norilsk Nickel for the North American market. Norilsk operates a state of the art nickel chemical facility in Harjavalta, Finland where products are produced to the highest standards. Products to be offered include Nickel Carbonate (Powder, Granular and Paste), Nickel Hydroxide, and others. Questions regarding these products should be directed to Myles Moberly who is
heading the sales and marketing of this product line.
Corporate News, December 2008
PM Recovery is proud to have received ISO 9001: 2000, ISO 14001:2004, OSHAS 18001:2007 certifications for our facilities in New Castle, PA and Harrison, NY
These certifications mark the columniation of more than two years of work by every employee in the company toward improving our quality, environmental, and health and safety management systems. We are gratified that we were able to achieve all three certifications for both facilities. These certifications demonstrate management's commitment to operating in an environmentally responsible manner while taking all necessary steps to protect the health and safety of workers and ensure the quality of our products and services. Going forward, we will meet the mandatory requirement of these certifications to demonstrate continued improvement in all aspects of our management system.
Corporate News, December 2008
PM Recovery announces Myles Moberly joining Sales Team
Myles Moberly brings a fresh international perspective to the PMR group. After graduating with a B.A. in Spanish and Sociology from Tulane University in 1993, Myles successfully operated his own business in Puerto Rico since 1996. With 15+ years marketing and managerial experience Myles possesses a well rounded international background where his language skills (French, Spanish & English) and entrepreneurial business style provide a solid platform for expanding opportunities for the PMR group of companies. Myles will be focusing on the Latin American & South American markets.
Corporate News, October 2008
PM Recovery announces Louise A. Moses MBA, CPA as Controller
Louise Moses comes to PM Recovery with a wealth of accounting experience having held a variety of financial related positions including Controller, Senior Analyst, Senior Accountant, Staff Auditor and Staff Accountant. Louise received her B.S. from Siena College and her MBA from Pace University. Louise became a New York State Certified Public Accountant in 1993. Ms Moses brings significant audit and tax skills to PM Recovery and we are excited to welcome her to the PMR family.
Corporate News, March 2008
PM Recovery hires new Director of Specialty Products and Melt Management
PM Recovery announces the hiring of Robert "Rocky" Russo, formerly the V.P. of Sales and Technology at Greenville Metals, a division of PCC. Mr. Russo will assume the title of Director of Specialty Products and Melt Management. Mr Russo received his B.E. Metallurgical Engineering degree from Youngstown State University. He brings an extensive background in revert streams and master alloy processing to the PMR group of companies.
Corporate News, October 2007
PM Recovery launches new website
PM Recovery has launched a new website which reflects the continuing growth of PM Recovery and affiliated companies.
Corporate News, October 2007
PM Recovery announces Dave Morelli as Director of Global Sales
Dave Morelli has over 15 years experience in the refining and petrochemical catalyst industries. He spent 13 years with Federal Container Corp/CHEP, a global catalyst packaging/logistics company, as their VP & General Manager. Most recently Mr. Morelli served as President of Fairfield Metals. We believe his sales/marketing and management experience within the refining, petrochemical, and recycling industries will be an asset to both PM Recovery and our customers. Dave is a 1992 graduate of The Citadel, "The Military College of South Carolina"
Dave earned a degree in Business Administration while playing offensive tackle for the Bulldogs. As a walk-on player who earned a scholarship, Dave helped The Citadel become the southern conference champions and a #1 national ranking.
Corporate News, May 2007
PM Recovery Inc. hires new VP of Accounting/Comptroller
Beth Riley has over 20 years accounting experience including over 3 years with KPMG/Peat Marwick. Ms. Riley has worked in several industries including banking, financial services and most recently as Financial Consultant to the American Natural Soda Ash Corporation.
Corporate News, March 2007
PM Recovery Inc. hires new Insurance & Underwriting Manager
Jeffrey Spano has joined PM Recovery and will have dual responsibilities working in sales and risk management. Mr. Spano comes to PM Recovery with over 20 years of experience in Insurance, Risk Management and Underwriting. Mr. Spano's experience and expertise will be a valuable asset to our customers.
Corporate News, January 2007
PM Recovery Inc. relocates to new corporate headquarters
PM Recovery has completed the renovation of 8000 sqft. at 106 Calvert Street, Harrison, NY 10528. The new facility will house the administrative offices and tradings operations. Renovations were designed and managed by Exposito Design Associates of Stanford Connecticut.
Press Release, September 2005
DuraTherm expands recycling capability through transaction with PM Recovery
Houston, Texas September 8, 2005 Barry Hogan, President of DuraTherm, Inc., announced the completion of a capital investment transaction with PM Recovery of Texas, Inc. DuraTherm’s plant near Texas City receives and recycles more hazardous waste from petroleum refineries than any other US EPA-approved facility. PM Recovery of Texas, Inc., is an affiliate of PM Recovery, Inc., of Harrison, New York. PM Recovery provides its customers recycling pathways for high temperature materials containing metals such as cobalt, nickel, molybdenum, titanium, vanadium, and precious metals. “We share PM’s vision in providing our customers responsible alternatives to conventional destruction and disposal methods. Our customers share that vision, too, and we look forward to offering new and exciting recycling solutions as a result of our partnership with PM Recovery,” Mr. Hogan stated.