Industrial Services of America, Inc. (NASDAQ: IDSA), a company that buys, processes and markets ferrous and non-ferrous metals and other recyclable commodities for domestic users and export markets and offers programs and equipment to help businesses manage wastes, today announced today that it has hired Daniel C. Gascoyne as Executive VP of its Ferrous and Non-Ferrous Recycling Operations in Kentucky and Indiana.
Brian Donaghy, President and COO of ISA, said, “We are excited about the addition of Mr. Gascoyne and what he brings to ISA as we look to grow our Ferrous and Non-Ferrous business in the markets we serve. I am confident that with Danny’s extensive background in our industry, coupled with the existing talent at ISA, we will continue to gain market share and add value for our stockholders.” Mr. Donaghy continued, "We hired Terry Hancock in April to build our Specialty Alloys business, and to augment Steve Jones' efforts in Stainless. Bringing Danny in to run Ferrous and Non-Ferrous is the latest in a series of moves we have made to complement and bolster management."
Prior to being appointed to his post at ISA, Gascoyne headed up the Non-Ferrous Division at Omnisource Corporation as VP of Non-Ferrous and prior to that he was CEO of William Reisener Corporation in Clinton, MA. Mr. Gascoyne is a Graduate of the Pepperdine University with a Masters in Business Administration.
About ISAHeadquartered in Louisville, Kentucky, Industrial Services of America, Inc., is a publicly traded company whose core business is buying, processing and marketing scrap metals and recyclable materials for domestic users and export markets. Additionally, ISA offers commercial, industrial and business customers a variety of programs and equipment to efficiently manage waste. More information about ISA is available at www.isa-inc.com. 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 waste managing systems and equipment, competitive pressures in the waste managing business, and loss of customers. Further information on factors that could affect ISA's results is detailed in ISA's filings with the Securities and Exchange Commission. ISA undertakes no obligation to publicly release the results of any revisions to the forward-looking statements.