Thursday, February 7, 2019

CMX TO REOPEN COLONIAL METALS IN MAY


California Metal-X (CMX) plans to reopen in May the Pennsylvania copper foundry it recently acquired from Colonial Metals, marking the company's first foray into the east coast.

CMX will produce high-quality copper casting alloys at the Columbia, Pennsylvania, facility. In addition to acquiring Colonial's assets, CMX paid the company's remaining debts to allow the company to avoid bankruptcy, president Tim Strelitz told Argus.

Colonial Metals shuttered in June 2018 because of financial difficulties. Its Columbia foundry is the only brass and bronze manufacturing facility with a submerged electric arc furnace, which was used to recover low-grade copper scrap.

At the time of its closure, the facility was processing an estimated 90mn lbs of scrap metal per year.

CMX is the largest red metal, brass and bronze ingot manufacturer on the west coast, with an annual production capacity of more than 36mn lbs.

[SOURCE]

12 comments:

Joe Lintner said...

Thanks for tip, Brian Long.

Anonymous said...

Does anyone know how to go about applying or anything like that

Anonymous said...

Great can't wait for the noise,and dirt to start back up down here on North second

Anonymous said...

I'm sure it was there when you moved in that area. How about be happy for decent paying jobs coming back!👍

Anonymous said...

That's wonderful to have industry back in town. Good for employees

Anonymous said...

People: whine about tax increases.

Same people: whine because industry makes dirt and noise.

Can't make this up, folks.

/2 said...

Dirty, noisy industry: one more reason not to live in Columbia

/2 - al dodson

Anonymous said...

If towns could survive off antique shops and cute cafes, there wouldn't be a broke town in the entire country.

Anonymous said...

For one im glade the foundrys coming back ill live next to it since the 80s and ill be glade to continue to

Anonymous said...

I am so happy industry is returning to our town. We need a store like Woolworths used to be not antiques and restaurants you can only eat out so often. Who can afford to eat out with the costs in these restaurants.

Radical rag said...

I miss C.A.Herr more then anything, they had every nut and bolt i ever needed now im left to go to fastensl in lancaster everytime i need a good grade 8 bolt,,

Anonymous said...

Please post when and where applications are being taken