Today, Harry Kletter, CEO and Chairman of Industrial Services of America, Inc. (ISA) (NASDAQ: IDSA), announced the hiring of Terry Hancock.
We are pleased to welcome Terry Hancock, who comes to us with over 25 years experience in the specialty stainless and high-temperature alloys segment of our industry. With the addition of Mr. Hancock, we will expand into new avenues in the processing of specialty alloys, specifically in the area of aerospace alloys.
“After devoting more than 25 years to the stainless and alloy industry, I feel that ISA’s approach to both me and the consumer is unique in the fact that they have created an environment where entrepreneurial spirit and the customer matters. With both of these working in concert, I see nothing but growth in our future”, Mr. Hancock said.
Industrial Services of America, Inc
. is a recycler of stainless steel, ferrous, and non-ferrous scrap metal with operations in Louisville, Kentucky, Seymour and New Albany, Indiana. The company collects, purchases, processes and sells stainless steel, ferrous and non-ferrous scrap metal to steel mini-mills, integrated steel makers, smelters, foundries, metal brokers and exporters. ISA’s recycling division specializes in the purchasing, processing and sale of stainless steel, nickel-based and high-temperature alloys. The company was incorporated in 1953 and is headquartered in Louisville, Kentucky.
This news release contains forward-looking statements that involve risks and uncertainties that could cause actual results to differ from predicted results. Specific risks include fluctuations in the price of recycled materials, varying demand for waste managing systems, equipment and services, competitive pressures in the stainless steel, ferrous and non-ferrous scrap metal recycling business, competitive pressures in the waste managing business and loss of customers. Further information on factors that could affect the Company's results is detailed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to publicly release the results of any revisions to the forward-looking statements.