Metal Source, a subsidiary of Gebhart Holdings, has acquired the assets of Huntington Aluminum, a metals recycling facility located in Huntington.
This will serve as the sixth overall Metal Source location and the fourth processing facility.
The new Huntington location will receive upgrades that include improvements to equipment, buildings and infrastructure.
Metal Source will continue to keep the facility operational and plans to have improvements complete by the spring of 2023.
When fully operational this location will employ around sixty people and will recycle approximately 100 million pounds of aluminum scrap annually.
“We are excited to announce our new location in Huntington. We look forward to the improvements we plan to make to the facility and to the growth and additional capacity this will bring to Metal Source,” Gebhart Holdings CEO Benjamin Gebhart said.
Metal Source is an entity of Gebhart Holdings, a privately held corporation headquartered in Wabash. Gebhart Holdings business divisions include recycling, logistics, food and beverage, and supply and distribution.