Thursday, October 6, 2022

Federal Metal is new owner of former Colonial Metals plant

Bedford, Ohio-based red metals ingot maker The Federal Metal Co. has acquired the assets of the former Colonial Metals ingot production facility in Columbia, Pennsylvania. Federal becomes the third owner of the plant since it was idled in 2018 by its long-time family business owners, the Serls family.

In a notice to customers and suppliers posted to its website, Federal Metal states it has “acquired the assets of SA Alloys in Columbia, Pennsylvania, from parent company SA Recycling.” That sizable scrap processing firm acquired the former Colonial plant earlier this decade from California Metal-X, another ingot-making company that purchased the Columbia facility in early 2019.


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