What Gannon & Scott does

Gannon & Scott is a U.S. precious metals refining and recovery company founded in 1919 and headquartered in Cranston, Rhode Island, with a second production facility in Phoenix, Arizona. The company processes customer materials containing gold, silver, platinum, palladium, and rhodium using thermal reduction furnaces (combined throughput exceeding 1,200 pounds per hour), induction melting (10-pound to 1-ton capacity), chemical processing (cyanide stripping, precipitation, reverse plating, ion exchange), and an ISO 9001:2015-certified laboratory for fire assay, ICP, and gravimetric analysis. Its proprietary Tru3Tec pollution control system and zero-discharge operations underpin its environmental compliance position, while NSA-identified incinerator and ITAR registration (M20992) provide exclusive access to certified destruction of classified and defense-related materials.

The company's service portfolio spans melting, thermal reduction/milling/blending, chemical processing, certified destruction, lab analysis, transportation, and on-site cleanouts, delivered across eight industry verticals: jewelry & dental, electronics & semiconductor, aerospace & defense, medical devices, electroplating & surface finishing, e-scrap, hydrogen fuel cells, and chemical & automotive catalysts. Gannon & Scott operates a sales-led go-to-market model with regional account executives covering the entire continental U.S., supported by a customer care team, milk-run hazardous-waste logistics, and an educational content and trade-show presence (SUR/FIN, IMS, E-Scrap Conference, IMAPS). Pricing is quote-based and transactional, with a trial-lot program for new customer evaluation.

Following the February 27, 2026 acquisition by Metalor Technologies, Gannon & Scott operates as a wholly owned subsidiary of Metalor and part of the TANAKA group, with rebrand to Gannon & Scott LLC effective March 1, 2026. The transaction combined Gannon & Scott's North American precious metal refining capabilities with Metalor's global advanced materials platform, extending its geographic reach to Metalor's European and Asian customer base while preserving its two-facility U.S. operating footprint.

Name

Gannon & Scott

Legal name

Gannon & Scott, Inc.

Website

https://gannon-scott.com

Company type

Private

Founded year

1919

Operating status

Acquired

Headcount range

11–50 employees

Short description

Gannon & Scott is a U.S. precious metals refiner founded in 1919, processing gold, silver, platinum, palladium, and rhodium-bearing scrap for aerospace, defense, electronics, semiconductor, jewelry, medical, and e-scrap customers from facilities in Cranston, RI and Phoenix, AZ. Now a Metalor Technologies/TANAKA group subsidiary since February 2026.

Ownership category

akta.pro rank

Product category

Precious Metals Refining

NAICS

Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum) (331492)

SIC

Secondary Smelting & Refining Of Nonferrous Metals (3341)

akta.pro primary industry

Metal Melting & Secondary Smelting/Refining (Recycled Feedstock Producers) (EUAIAJAJ)

akta.pro secondary industries

Catalytic Converter Recycling & Precious Metals Recovery (PGM) (EUAIAJAG), Precious & Specialty Metal Recovery (Smelting, Refining, Hydrometallurgy) (EUAIAIAD), E-Waste & Electronics Metal Recovery (ITAD, Circuit Boards, Precious Metal Recovery) (IMAKAMAG)

Keywords

• Precious metal refining
• Precious metal recovery
• Thermal reduction services
• Certified destruction
• Hazardous waste recycling

Headquarters

HQ city

Cranston

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Precious Metal Refining and Recovery: Gannon & Scott processes customer materials containing precious metals (gold, silver, platinum, palladium, rhodium) and returns recovered metal value to customers after deducting processing fees. Services include melting, thermal reduction, milling, blending, and chemical processing.
2. Certified Destruction Services: NSA-identified incinerator providing certified destruction for sensitive technology, intellectual property, data-containing devices, prototypes, and semiconductor materials. Includes 'Closed Box' program for materials requiring secure destruction.
3. Laboratory Analysis and Assaying: ISO 9001:2015 certified laboratory providing chemical analysis, fire assay, ICP multi-element analysis, gravimetric analysis, atomic absorption, and volumetric analysis services for customers.
4. Transportation and Logistics Services: Logistics coordination including competitive transportation rates, hazardous waste milk-runs across continental U.S., paperwork preparation (manifests, B.O.L.s), and shipping supplies provision.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Gannon & Scott is a precious metal refining and reclamation company that processes precious metal-bearing materials (gold, silver, platinum, palladium, rhodium) from industrial customers through melting, thermal reduction/milling/blending, chemical processing, certified destruction, and laboratory assaying. The company recovers and returns precious metal value to customers across industries such as aerospace & defense, electronics & semiconductor, jewelry & dental, medical devices, electroplating, e-scrap, and hydrogen fuel cells. Operations are supported by ISO 9001:2015 certified labs, NSA-identified incineration capability, and full-service logistics.

Product overview

Gannon & Scott is a precious metal refining and recovery company offering a comprehensive suite of processing services. The core service portfolio includes Melting, Thermal Reduction/Milling/Blending, Chemical Processing, Certified Destruction, Lab Analysis, Transportation, and Cleanouts. These services are delivered across multiple industry-specific verticals including E-Scrap, Electronics & Semiconductor, Jewelry & Dental, Medical Devices, Electroplating & Surface Finishing, and Hydrogen Fuel Cells. The company operates two full-service refining facilities in Cranston, Rhode Island and Phoenix, Arizona, and as of February 2026, became a wholly owned subsidiary of Metalor Technologies and TANAKA group.

Differentiator

Problem solved

Functional benefit

Products and services

• Melting Services

Quantifiable outcome

• Combined thermal reduction rate of over 1200 pounds per hour
• +4 more outcomes

Named customers2 records

Segments8 records

Ideal customer profiles8 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators6 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Metalor Technologies: Global precious metals refiner and advanced materials producer (now Gannon & Scott's parent within TANAKA group). Directly comparable refining technology, customer base, and precious metal product portfolio; relevant both as peer and acquirer context.
• Heraeus Precious Metals: One of the world's largest precious metals refiners with global operations spanning precious metals processing, recycling, and advanced materials. Direct competitor in industrial precious metals recovery, electronics, and catalysts recycling.
• Umicore Precious Metals Refining: Global materials technology and recycling group with a major precious metals refining business. Comparable in recovery of PGMs, gold, silver, and complex industrial scrap streams, including e-scrap and spent catalysts.
• Johnson Matthey: Multinational chemicals and precious metals company with PGM refining, catalysts, and electronic materials businesses. Overlaps with G&S's automotive catalyst and electronics/semiconductor customer verticals.
• Materion Corporation: Diversified advanced materials manufacturer with precious metals refining and recovery capabilities serving aerospace, defense, and electronics. Direct competitor in specialty precious metals and beryllium-based products.
• Tanaka Kikinzoku Kogyo (TANAKA): Japanese precious metals group and parent of Metalor (Gannon & Scott's new owner). Operates global precious metals refining, recycling, and advanced materials businesses directly comparable to G&S's services at much larger scale.

Direct peers

• Sabin Metal Corporation: U.S.-based precious metals refiner and recycler serving catalysts, electronics, and industrial customers. Closest direct competitor in precious metal refining and recovery services for similar customer segments in North America.
• Metallix Refining: U.S. precious metals refiner (Shelby, NC) specializing in recovery from scrap materials including catalysts, electronics, and industrial byproducts. Closely comparable service portfolio and SMB refiner operating model.

Emerging players

• Sims Lifecycle Services: ITAD and e-scrap processor with precious metals recovery capabilities from electronics. Adjacent player that intersects with Gannon & Scott's e-scrap and electronics/semiconductor verticals.
• Dowa Holdings: Japanese non-ferrous metals and recycling company with precious metals recovery operations. Comparable in e-scrap and PGM recovery, and a regional Asia-based peer in the same global refiner landscape as TANAKA.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCImLxXJY4GiPXap30dEx9kw
• Facebookfacebook.com/GannonandScott
• LinkedInlinkedin.com/company/gannon-and-scott

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gannon & Scott