Corporate Mission:

Metalico intends to be the recognized leader for performance and innovation in the metals recycling industry. In addition, the Company strives to be viewed as the best in the eyes of our business constituents, employees, shareholders, and the community at large.

Company Goals:

Metalico aims to become the preeminent, vertically integrated, regionally focused metals recycler. We work in partnership with our suppliers and consumers to be the recognized leader in all the markets where we operate.

Company Profile:

Metalico is a leading full-service, broadly diversified scrap metal recycler, principally operating in the Northeastern United States. Our scrap operations source, buy, process, and sell four distinct groups of commodity metals for use in the manufacture of new products:

We recycle scrap steel and iron, which is sold primarily to domestic mills and foundries.

We recycle non-ferrous metals, principally aluminum, copper, lead, and nickel-based steel and high temperature alloys. These products are sold to domestic manufacturers and, to a lesser extent, to the export markets.

We buy catalytic converters and recover platinum, palladium, and rhodium, known as Platinum Group Metals (PGM’s). These precious metals are typically refined and reused by industry in emissions control devices.

Metalico today employs over 550 people in 26 operating locations across 8 states. Metalico is headquartered in Cranford, New Jersey.

Growth Strategy:

Metalico’s strategy is to grow by acquisition, and more recently, through emphasis on organically developed internal initiatives.

Metalico executes this strategy by carefully locating platform businesses to acquire that we can leverage to increase market penetration by adding tuck-in acquisitions to enhance our competitive advantage. We then look to exploit synergies in transportation, cross-selling among operations and working to realize operating efficiencies.

We seek internal growth and expansion opportunities in contiguous geographic markets in order to maximize market share and profitability.

The Company looks to mitigate commodity price risk by diversifying across several commodity metals and through rapid turnover of its inventories. Metalico seeks to have a dominant position in the markets in which it operates, and to be the standard-bearer for customer service and quality assurance in our value-added products and commodities.

Recycling of Metals:

Metalico operates both ferrous and non-ferrous scrap metal recycling facilities in New York, Pennsylvania and Ohio, serving both U.S. and Canadian markets. All forms of metal scrap are purchased from manufacturers, small scrap dealers, demolition contractors, and peddlers.

The scrap is sorted and prepared for sale to mills, furnaces and foundries. Two of our facilities, located in Syracuse, NY, and Gulfport, MS, process used catalytic converters, recycling platinum, palladium, and rhodium, known as PGM’s (Platinum Group Metals).

Metalico operates three automobile shredders. Our first is located on Neville Island near the city of Pittsburgh which serves as the platform for the Southwestern Pennsylvania operations. We operate another shredder in nearby Girard, Ohio, which serves as a platform for our Ohio facilities. Our newest shredder, located in Lackawanna, New York, provides an outlet for thirteen facilities in surrounding Upstate New York and Northwestern Pennsylvania.

Metalico has earned a reputation for professionalism and trust with consumers and other large metal buyers. Mills and metal buyers know that Metalico delivers quality materials with exceptional reliability. This means that scrap suppliers can rely on Metalico to accept materials at a fair price, in both up and down markets.