Tennessee-based CFC Recycling has acquired Goolsby & Sons (G&S) Recycling, expanding its footprint in the state with a third scrapyard and adding a new feedstock source for its nonferrous shredder.
CFC plans to temporarily close the G&S site in Gallatin, Tennessee, to renovate buildings and equipment and to concrete surfaces, the company told Argus on Thursday.
CFC plans to fully reopen the location in June after holding a soft opening on 18 May.
Financial details of the acquisition were not disclosed.
CFC runs scrapyards in Tullahoma and McMinnville, Tennessee, recycling both ferrous and nonferrous scrap. It operates a 3Tek Bravo 6280 hammer mill shredder, through which it shreds stainless steel and "aluminum specialty items".
