Sims Metal Management Announces Sale of US-Based Aerospace Metals Business to ELG Utica Alloys
July 15, 2013 at 20:19 PM EDT
Sims Metal Management (NYSE: SMS ) announces the sale of its interest in Metal Management Aerospace, Inc ("Aerospace"), to ELG Utica Alloys. Aerospace, based in Hartford, Connecticut, specializes in the recycling of titanium alloys and high temperature metals. Aerospace was a subsidiary of the Company's North America Metals business,