Jul 18, 2018   SOURCE: BusinessWire

Thalheimer Announces Acquisition of Mega Metals

Thalheimer Brothers (“Thalheimer”) announced its acquisition of Mega Metals. Headquartered in Phoenix, Arizona, Mega Metals is a global leader in the recycling of titanium turnings and solids. Its state-of-the-art titanium processing center in Phoenix, Arizona offers complete titanium recycling services from scrap metal recycling to inspection and testing to assure high quality in its finished products. Over the last several years, Thalheimer has entered the aerospace industry by processing hi-temp alloys, and the addition of Mega Metals further expands their expertise into the Titanium market. Founded in 1985 by Robert Megdal, Mega Metals has been led by a team with deep expertise in these metals and who will become a key part of the Thalheimer leadership team. Following this acquisition, Mega Metals will continue to operate as a division within Thalheimer and maintain operations from its Phoenix location with no changes to its leadership.

Rich Reiner, CEO of Thalheimer, said “Mega Metals is a leading specialty recycler in the Titanium market with an unparalleled reputation in the industry based on its deep technical expertise and best-in-class customer service. We look forward to working with David Megdal and his team to continue to drive growth in Titanium recycling.”

David Megdal, Vice-President of Mega Metals, said “We look forward to partnering with the team at Thalheimer to continue to make Mega Metals the best source for titanium products. I’m excited to work with Rich and his team to continue to grow Mega Metal’s leadership in the Titanium market.”

ABOUT THALHEIMER

Headquartered in Philadelphia, Pennsylvania, Thalheimer is a non-ferrous scrap metal processor of brass, copper, nickel alloy, cupro, monel, hi-temp alloys and stainless steels, selling to foundries, refiners, and mills. Thalheimer processes mixed loads of alloyed and non-alloyed scrap to produce complex blends with specific chemical properties required by its customers. Thalheimer has been a leader in these markets since its inception in 1939.