USA Recycling Industries to Provide Scrap Metal Collection Services to ThyssenKrupp Elevator Americas
June 26 2012 - 3:05PM
Marketwired
USA Recycling Industries, Inc. (PINKSHEETS: USRI) (the "Company"),
a Pennsylvania-based scrap metals recycler providing specialty
recycling services throughout North America, announces today 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 all business for operations in the
United States, Canada, Central and South America."
With more than 46,000 employees, sales of 5.3 billion Euros in
fiscal 2010/2011 and customers in 150 countries, ThyssenKrupp
Elevator AG is one of the world's leading elevator companies. Its
portfolio includes passenger and freight elevators, escalators and
moving walks, passenger boarding bridges, stair and platform lifts
as well as tailored service solutions for all products. 900
locations around the world provide an extensive sales and service
network to guarantee closeness to customers.
"Our company is excited and looking forward to serving
ThyssenKrupp Elevator Americas both here in the U.S. and its
territories," concluded Mr. Smith. "The relationship we are
developing is expected to be very lucrative while simultaneously
leading the charge into new markets and opening the doors for more
waste management and recycling opportunities."
About USA Recycling Industries, Inc.
USA Recycling operates specialty recycling service centers
engaged in the specialized business of collecting recyclable waste
materials and providing specialty disposal services to the
automotive service center industry. The Company derives revenues
from the collection and sale of recyclable materials, as well as
the waste disposal services it provides to the automotive service
center industry. USA Recycling, through its systems, operating
methods and alliances, is considered a leader in the national
recycling market servicing the automotive service center
industry.
For more information, please visit
www.usarecyclingindustriesinc.com
Safe Harbor Forward-Looking Statements
To the extent that statements in this press release are not
strictly historical, including statements as to revenue
projections, business strategy, outlook, objectives, further
milestones, plans, intentions, goals, future financial conditions,
future collaboration agreements, the success of the Company's
development, events conditioned on stockholder or other approval,
or otherwise as to future events, such statements are
forward-looking, and are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
The forward-looking statements contained in this release are
subject to certain risks and uncertainties that could cause actual
results to differ materially from the statements made.
Contact Vincent J. Smith CEO USA Recycling Industries, Inc.
Telephone: +1-877-464-5865 VSmith@usarecyclingindustriesinc.com
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