Industrial Services of America, Inc. Announces Management Changes
May 18, 2012 at 12:25 am IST
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Industrial Services of America, Inc. announced that Mr. Orson Oliver has been elected Chairman of its board of directors. Mr. Oliver, 69, has been a director of ISA since 2005. He is currently an independent business consultant with over thirty-five years of experience in banking and financial consulting. Harry Kletter, ISA's founder and CEO, was elected Vice Chairman of the board of directors. Mr. Kletter has been a director of ISA since 1983. The company also announced that Alan Gildenberg, 54, has been elected as a member of its board of directors. Mr. Gildenberg has over 30 years of experience in the financial industry as an investment advisor and also an independent floor trader at the Chicago Mercantile Exchange.
Industrial Services of America, Inc. buys, processes and markets ferrous and non-ferrous metals, and other recyclable commodities. The Company operates through Recycling Segment. The Company's Recycling Segment collects, purchases, processes, and sells ferrous and non-ferrous scrap metal to steel mini-mills, integrated steel makers, foundries and refineries. It buys, dismantles and sells used auto parts. It purchases ferrous and non-ferrous scrap metal from industrial and commercial generators of steel, iron, aluminum, copper, stainless steel and other metals, and from scrap dealers and retail customers who deliver these materials to its facilities. It processes scrap metal through sorting, cutting and baling. Its non-ferrous scrap recycling operations consist of collecting, sorting and processing various grades of copper, aluminum, stainless steel and brass. Its used automobile yard purchases automobiles so that retail customers can locate and remove used parts for purchase.
RECYCLIN SHS 