February 15, 2012

State of Alabama
Press Release: Alabama Department of Commerce

Panhandle Converter and Scrap Purchases New Facility, Plans Expansion

Contact:    Matt Parker
                 (334) 792-5138

DOTHAN – Joseph T. Donovan, president and CEO of Panhandle Converter and Scrap Co., announced today the company will be expanding their business operations in Dothan, Ala.

“We have been blessed with continued growth and opportunities since we first located in Dothan. Today’s announcement will provide us with the facilities and space we need to continue our growth plans,” said Donovan.

Panhandle Converter and Scrap Co. will purchase the former Dunbarton Corp. building located on Murray Road, which will provide approximately 120,000 square feet of space, access to rail and 14 acres that will support the company’s future growth in their catalyst recycling division. Panhandle is concurrently opening nine acres adjoining their non-ferrous recycling division on Beverlye Road to expand their operations into the purchase and processing of recyclable ferrous materials such as structural steel, scrap appliances and automobiles. The scrap metals division will now be known as Panhandle Scrap and Iron.

Chief Operating Officer Lyle Peluso Jr. stated, “We are very pleased to see this expansion take place and our company wants to get the word out to the community that we are actively seeking motivated applicants. Our company philosophy is to offer great opportunities to our team members to grow and prosper within. We believe Dothan is a great place to live, full of talented, hardworking individuals with a variety of skills, who can contribute to our team and our community as a whole.”

During his remarks, Peluso acknowledged his thanks on behalf of the company to the City of Dothan, Houston County, Dothan Area Chamber of Commerce, Alabama Industrial Development Training, Alabama Development Office, Alabama Department of Revenue and the Industrial Development Board of the City of Dothan for all the great assistance in securing incentives, support and services to help the business grow.

Dothan’s Mayor Mike Schmitz added, “This is especially exciting for our community and we thank Joe Donovan and his team for their confidence and investment in our area. We appreciate Panhandle Converter’s investment and look forward to their continued success and growth in our market.” Panhandle Converter and Scrap Co. is a recycling industry leader with over two decades of experience. The company is built upon a foundation of customer service, character and consistency. Their customer base ranges from individuals and small businesses to large corporations, public utilities, and state and local governments and municipalities. Services include Catalyst Recycling, Catalytic Converter Recycling, and purchase of all grades and types of recyclable metals, including aluminum, copper, lead, brass, stainless steel, white goods, automobiles, steel and much more.

Their finished products are sold to consumers worldwide. Panhandle’s passion is to consistently provide industry-best services, resources and solutions to every customer they serve.

Applicants interested in completing a job application should visit the Alabama Industrial Development Training website https://jobs2.aidt.edu/index.a4d?fuseaction=jobs.view;tid=8972.

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