Owego, NY-based Upstate Shredding has acquired the assets of Reamer Recycling, previously known as Wallace Industries, a scrap leader in Ithaca, NY.
“Reamer Recycling is the Finger Lakes largest scrap yard and we are thrilled to have them as a part of our network,” said Adam Weitsman, president of Upstate Shredding in a statement to media. “We will be fully paving the facility, redoing the buildings, and bringing in brand new equipment,” he added.
Weitsman said the company will be landscaping the property and installing brand new fencing to improve the look of the site.
“All work done will bring this facility up to the highest level of environmental compliance possible,” he said. “ We want to bring this location back to its prominence as a scrap recycling leader, a recognition it once so proudly held in the area.”
The new Ithaca facility will be the second for the Company in Ithaca. There is currently a new steel distribution center located at 132 Cherry Street.