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Sims Metal Management is the leading metals and electronics recycling company in the world. The company specializes in ferrous and non-ferrous metals recycling, post-consumer electronic goods recycling, and municipal waste recycling. Its primary operations are located in the United States, Australia, and the UK.〔(Sims Metal Management About Us )〕 == History == Sims was originally established in 1917 by Albert Sims, as a Sydney, Australia based recycled metals dealer. The business was incorporated as Albert G. Sims Limited in 1928 and was renamed Simsmetal Limited in November 1968. In November 1970, Sims merged with Consolidated Metal Products Limited and the merged ASX, listed company was named Sims Consolidated Limited. In May 1979, Sims Consolidated Limited was acquired by Peko-Wallsend Limited and subsequently delisted.〔(Sims Metal Management History )〕 In February 1988, Sims entered the US scrap recycling market through the acquisition of LMC Corporation located in the state of California. In August 1988, Sims Consolidated Limited was acquired by North Limited (previously known as North Broken Hill Holdings Limited, and then North Broken Hill Peko Limited).〔(SEC Filings NYSE )〕 In 1989, North Limited sold the business to Elders Resources NZFP Limited, a diversified resources company. 〔(SEC Filings NYSE )〕 In 1990, Carter Holt Harvey Limited made a successful takeover bid for Elders Resources NZFP Limited and divested that company’s non-forestry businesses, which included Sims. 〔(SEC Filings NYSE )〕Sims changed its name to Simsmetal Limited in 1990 and relisted on the ASX in November 1991.〔(Sims Metal Management History )〕 In August 1992, Sims expanded its presence in New Zealand through the merger of its New Zealand business with the ferrous recycling operations owned by Pacific Steel Industries, a Fletcher Building Limited company. This joint venture, known as Sims Pacific Metals Limited, operates throughout New Zealand.〔(Sims Pacific Metals About Us )〕 In February 1995, Sims acquired a 51% ownership interest in Sims Bird Limited in the UK, which was its first major entry in the UK scrap metal market. The company acquired the remaining 49% of Sims Bird Limited in May 1998. In April 2000, Sims acquired Phillip Services (Europe) Limited in the UK, which significantly increased our presence in this market. 〔(Sims Metal Management 20F )〕 In November 2002, Simsmetal Limited changed its name to Sims Group Limited. In October 2005, the company merged with entities operating certain of the recycling businesses of Hugo Neu Corporation, a privately owned US corporation. This merger provided Sims with a significant presence in the US market broadly and particularly in southern California, New York and New Jersey.〔(American Recycler )〕 On March 14, 2008, Sims issued 53.5 million ADRs, with a fair value of A$1.5 billion, to purchase the issued capital of Metal Management, Inc. (“MMI”) in the US. MMI was one of the leading full-service scrap metal recyclers in the US, with locations in 17 US states. The acquisition was consummated to strengthen their position in the North American scrap recycling market, increase the opportunity to be a supplier of raw materials to US steel mills, and expand their presence in non-ferrous products. The acquisition was complementary as operations in North America were primarily export-focused, while MMI’s operations were primarily domestic-focused and included a large non-ferrous recycling business. The acquisition of MMI in March 2008 created the world's leadingpublicly traded recycling company. In November 2008, shareholders approved the changes of the corporate name to Sims Metal Management Limited.〔(Reuters, Metal Management Completes Merger with Sims Group Limited )〕 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Sims Metal Management」の詳細全文を読む スポンサード リンク
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