USA Recycling Industries Inc. USRI Archives

TuesdayJun 26, 2012 4:10 pm

USA Recycling Industries, Inc. (USRI) Signs Agreement to Service Largest Producer of Elevators in the Americas

USA Recycling Industries, a Pennsylvania-based scrap metals recycler providing specialty recycling services throughout North America, announced shortly after the closing bell today that it will provide scrap metal collection services to ThyssenKrupp Elevator Americas under a pending agreement covering their branch and site facilities in the United States, Alaska, and Hawaii. USA Recycling Industries CEO Vincent J. Smith stated, “ThyssenKrupp Elevator Americas, a subsidiary of ThyssenKrupp Elevator AG, is the largest producer of elevators in the Americas, with more than 13,500 employees, more than 200 branch and service locations, and sales of more than $2.7 billion. ThyssenKrupp Elevator Americas oversees…

MondayJun 25, 2012 5:16 pm

USA Recycling Industries, Inc. (USRI) Led by Strong Team of Industry Veterans

USA Recycling Industries is a holding company that operates through several specialty recycling centers. The company's management team aims to maximize shareholder value while providing the highest level of quality waste collection & disposal services to customers, ensuring collected debris remain free of any U.S. landfills. An overview USA Recycling’s highly experienced executive team is presented below. Vincent J. Smith CEO and Chairman of the Board As Chairman of the Board and CEO of USA Recycling Industries, Mr. Smith has expanded the company's recycling center network through various initiatives, including pursuing acquisitions and alliances, developing recycling contracts with the Automotive…

FridayJun 22, 2012 1:42 pm

USA Recycling Industries, Inc. (USRI) Wins Customers by Making Recycling Easy

In the rapidly growing industrial recycling industry, the difference between success and failure rests upon satisfying the client, providing them recycling services that are not only economical, but are also easy to live with. Especially in tight economic times, companies have little tolerance for wasted time or money. USA Recycling Industries is focused on the collection of recyclable waste materials and providing specialty disposal services for the automotive service center industry. This includes scrap metal recycling, oil filter disposal, automotive oil and lubricant disposal, used tire and battery collection and disposal, and related services. They differentiate themselves from their competitors…

MondayJun 18, 2012 1:52 pm

USA Recycling Industries, Inc. (USRI) Continues Growth as a Major Recycling Enterprise

USA Recycling Industries is a recyclable collection and disposal service based in Reading, Pennsylvania. The company serves commercial and industrial customers throughout North America, operating via multiple company-owned and partnership recycling centers. USA Recycling has successfully contracted automotive waste-generators for collection and disposal services, selling the processed recyclable materials to end-user-consumers through the company's trading operations with offices in North America, India, and the United Arab Emirates. The company’s largest operating subsidiary is Scrap USA, based in Maryland, which serves over 5,000 automotive service center locations. USA Recycling has been expanding its operations to include a wide range of other…

WednesdayJun 13, 2012 4:29 pm

USA Recycling Industries, Inc. (USRI) Signs Oil Filter Collection and Disposal Services Agreement

USA Recycling Industries, a Pennsylvania-based scrap metals recycler providing specialty recycling services throughout North America, announced after the closing bell today that Redwood Recycling of Staten Island, N.Y., is now offering oil filter disposal services to its significant customer base in the New York Metropolitan and surrounding areas via USRI's oil filter disposal process. Where previously there was no market for oil filter disposal in that area, Redwood Recycling can now offer a market to its customers for the recycling of oil and steel byproducts. "We are very excited to offer our oil filter disposal services to Redwood Recycling's New…

TuesdayJun 12, 2012 2:39 pm

USA Recycling Industries, Inc. (USRI) Positioned for Further Growth

USA Recycling Industries, founded in 2000, operates through several company-owned specialty recycling centers as an intermediary service provider within the automotive service center industry. In that configuration, it delivers specialty recycling advantages to the more than 5,000 auto service centers in its network – some of them major players in the retail auto parts trade. Among other things, these liaisons position USA Recycling, through its subsidiary Scrap USA, to capture significant revenue from the $75-billion global scrap metals market. Given that scrap metal is a direct input to steel production, providing up to 50 percent of the raw material needed…

WednesdayJun 06, 2012 9:21 am

USA Recycling Industries, Inc. (USRI) Inks LOI to Expand Used Oil Filter Recycling Operations

USA Recycling Industries, a Pennsylvania-based scrap metals recycler providing specialty recycling services throughout North America, this morning announced it has signed a letter of intent (LOI) to purchase 51% of the stock of Lucas Lane, Inc., a Pennsylvania-based recycler of used oil filters. Each year the U.S. generates 425 million used automotive oil filters containing 160,000 tons of iron units and 18 million gallons of oil. Recycling all the filters sold annually in the United States would result in the recovery of about 160,000 tons of steel. Given the potential market opportunity, the LOI with Lucas Oil provides for a…

TuesdayJun 05, 2012 4:14 pm

USA Recycling Industries, Inc. (USRI) Engages QualityStocks Investor Relations Services

USA Recycling Industries announces today that they have agreed with QualityStocks to be featured in The Small Cap QualityStocks Daily Newsletter, QualityStocks Daily Blogs, and Message Boards. QualityStocks, based in Scottsdale, Arizona, is a free service that collects data from hundreds of Small-Cap and Micro-Cap online Investment Newsletters into one Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their investor communication efforts. USA Recycling Industries is a mid-market recyclable waste collection & disposal service, providing specialty recycling programs to commercial & industrial customers throughout North America. Operating through multiple company-owned & partnership recycling centers, the company…

TuesdayJun 05, 2012 8:49 am

USA Recycling Industries, Inc. (USRI) Files Financial Results, Achieves Current Status on OTC Markets

Pennsylvania based USA Recycling Industries announced that it is now current with its reporting requirements, and has received the OTC Markets “Current Information” designation and symbol. In addition, the company released unaudited financial results for fiscal 2011 and Q1, 2012, ended March 31, 2012. The financial information represents the results from the company’s recycling and waste disposal operations. For the fiscal year ended December 31, 2011, the company generated $8,086,261 in net revenues, with $738,581 in net profit. The company ended the fiscal year with total assets of $13,241,166 and total liabilities of $3,816,824. For the quarter Q1, 2012, ended…

ThursdayMay 31, 2012 9:25 am

USA Recycling Industries, Inc. (USRI) Takes Significant Step Forward to Promote Transparency

This morning it was confirmed that USA Recycling’s “OTC Pink Limited” designation has been replaced with “OTC Pink Current” status. In order to obtain the Current Rank Icon Status, the company had to file the necessary disclosure documents. Completion of the upgrade to OTC Pink Current is a positive step forward in bringing shareholder value to the public and will raise USA Recycling’s profile for current and potential investors. To view the recently filed quarterly report and attorney letter with respect to current information, visit www.otcmarkets.com/stock/USRI/financials. USA Recycling is a mid-market recyclable waste collection & disposal service, providing specialty recycling…

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