In this issue ...
Recyclers from three facilities across the country have formed a company and released a new complete business analytics tool.
The company is Conquest Solutions and includes officers Matthew Lacy (President of Lacy Auto Parts, Inc. in Virginia), Matt Ehlers (Principal of Mr. R’s Auto Salvage in Wyoming), Rachel Whetstone (CFO of Allied Auto Salvage, Inc. in California) and Andrew Lacy (a principal of Lacy Auto Parts, Inc.). Their new SmartCycle analytics tool provides auto recyclers with the power to harness, organize and analyze data from a variety of sources. The platform identifies and displays key factors using easy-to-understand, customizable graphics giving the user the tools and information needed to identify areas of strength and weakness. The user can then quickly and easily build personalized, predictive models in order to determine the most effective business strategies for immediate implementation.
SmartCycle uses a dynamic platform that leverages data from multiple sources, including all yard management systems, QuickBooks, various phone and voice-over IP systems, GPS tracking systems and social media, according to the company. SmartCycle can sync data from virtually any digital source. SmartCycle is easy to operate with drag-and-drop features and full drill-down and filtering capabilities. The developers of SmartCycle understand how vital the collaborative process is and imbedded features which allow multiple users to view, manage, discuss, and share data sets within the platform. Thus, collaboration can take place immediately, in real-time, increasing the productivity and understanding of all team members.
According to the company, SmartCycle is positioned to be an indispensable tool for automotive recyclers. SmartCycle can compile, condense, and organize data in an easy-to-understand, customizable, visual format. SmartCycle is competitively priced with other analytical tools. Visit www.smartcyclegroup.com for more information.
Nucor Corporation announced that its direct reduced iron (DRI) plant in Louisiana will resume operations by the end of January. The plant, located in Convent, La., temporarily suspended production at the end of last year for planned maintenance and the company decided not to resume production at that time based on market conditions. Nucor’s raw materials strategy is built on flexibility, with the company constantly evaluating the market for the lowest cost raw material inputs at the quality levels our customers need. Changes in the raw materials market led to the decision to restart plant operations.
Nucor (www.nucor.com) and its affiliates are manufacturers of steel products, with operating facilities primarily in the United States and Canada. Products produced include: carbon and alloy steel - in bars, beams, sheet and plate; steel piling; steel joists and joist girders; steel deck; fabricated concrete reinforcing steel; cold finished steel; steel fasteners; metal building systems; steel grating; and wire and wire mesh. Nucor, through The David J. Joseph Company, also brokers ferrous and nonferrous metals, pig iron and HBI/DRI; supplies ferro-alloys; and processes ferrous and nonferrous scrap. Nucor is North America’s largest recycler.
Panhandle Converter Recycling announced that it is closing its doors at its headquarters in Dothan, Ala. and all of its satellite locations. Panhandle Iron & Scrap, located at 1004 North Beverlye Road in Dothan, will remain open. It processes ferrous and nonferrous scrap.
The Dothan Eagle (www.dothaneagle.com) reported the business filed a voluntary Chapter 11 bankruptcy petition on January 5.
Panhandle Converter had locations in Utah, Colorado, Wisconsin, Illinois, Ohio, Tennessee, South Carolina and Alabama.
The closing was effective on January 25, 2016.
It only happens three times a year … it is promo time again for The Locator Magazine! Auto recycler promos are on sale for the April 2016 issue. They start at just $55 and include four lines of text, including your company name, city and state, phone and a specialty line. Contact Cindy at firstname.lastname@example.org or call 800-831-0820 today to place your order.
April 2016 Deadlines
February 24, 2016: Listings for The Locator Magazine.
February 29, 2016: Display ads for The Locator Magazine.
March 3, 2016: The Locator Magazine goes to press.