EAST POINT, Ga., July 29, 2014 /PRNewswire/ — Newell Recycling of Georgia, LLC announced today it has entered into a definitive merger agreement with Blaze Recycling & Metals, LLC. The transaction is subject to customary closing conditions and is expected to close in August, 2014. The combined company will be named Newell Recycling Southeast.

“We are very excited about the future of these two great companies together,” said Sharon Newell Shirley, Chief Executive Officer of Newell. “This combination will strengthen and improve our ability to be the best service provider to our upstream and downstream customers and will improve the efficiency of our operations. Once combined, the geographic breadth of our 22 facilities, significant logistics savings, efficiencies from specializing our assets, and the knowledge base of our industry leading employees will be unparalleled in the Southeastern region.”

“This is a great transaction for both companies,” said Cary Grossman, Interim Chief Executive Officer of Blaze. “Becoming part of the Newell family will provide tremendous opportunities for our employees in a larger and growing enterprise.”

About Newell Recycling of Georgia:

Newell Recycling is the largest full-service metal recycler in Georgia and one of the largest in the Southeastern United States. The Company and its predecessors have been in business for over 75 years. Newell operates 14 facilities in Georgia, including 3 mega shredders.

About Blaze Recycling & Metals, LLC:

Blaze Recycling & Metals is one of the largest full-service metal recyclers operating in the Southeastern United States. Blaze operates eight scrap yards in Georgia and Alabama, including two high-capacity shredders at its Lawrenceville, Georgia and Phenix City, Alabama locations. Blaze is headquartered in Norcross, Georgia.

SOURCE Newell Recycling, LLC