What Scrap Management Industries does

Scrap Management Industries (SMI), formerly Midwest Scrap Management, is a family-owned ferrous and nonferrous scrap metal recycler founded in 1973 in St. Joseph, Missouri and headquartered in Kansas City, Missouri. The company operates 19 scrap yards and 5 automobile shredders across Missouri, Kansas, and Oklahoma following its December 2025 acquisition of Allmetal Recycling, with a 75-acre flagship yard in Kansas City and a fleet of more than 100 trailers. Core processing technology includes automobile shredders that recover 97% of metal from end-of-life vehicles, two Nonferrous Recovery Plants at the Kansas City and Park City facilities, mobile balers and shears for onsite processing, and an industrial nonferrous consolidation warehouse with rail access on St. John Avenue in Kansas City.

SMI generates revenue through a transaction-based model: it purchases ferrous and nonferrous scrap — including steel, iron, copper, aluminum, brass, stainless steel, lead, nickel, zinc, magnesium, and catalytic converters — from customers and resells the processed material, capturing the spread between purchase price and processed resale value. Pricing is real-time and load-specific, evaluated on certified scales against daily commodity markets rather than published online rates, with same-day cash or check payment for walk-in customers. Adjacent professional-services revenue comes from roll-off container placement, trailer and flatbed rental and hauling, onsite baling and shearing, industrial scrap management programs, demolition projects (site preparation, demolition, debris removal, and metal recovery), and brokerage services that match sellers with external buyers.

The customer base is horizontally segmented across households and individuals dropping off appliances and small scrap, contractors and small businesses generating demolition and construction scrap, industrial and manufacturing clients with recurring high-volume programs served by dedicated account executives, demolition contractors, and the automotive industry (junk vehicles and catalytic converters). Distribution combines retail walk-in at 9 public yard locations with field sales for industrial accounts, supported by an informational website, phone sales, online quote requests, and community-involvement programs. SMI was named a Top 20 U.S. metal recycler in 2022, holds the ReMA Circle of Safety Excellence medallion, and is a member of ISRI and ReMA. Leadership transitioned to second-generation CEO Jerrit Burgess in 2020, with CFO Keith Rhodes (joined 2021) and a specialized senior team executing an explicit acquisitive-growth strategy financed in part by a $120 million term loan facility from Eldridge Capital Management closed in March 2026.

Name

Scrap Management Industries

Legal name

Scrap Management Industries

Website

https://smirecyclers.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Short description

Scrap Management Industries is a family-owned Midwest scrap metal recycler operating 19 yards and 5 automobile shredders across Missouri, Kansas, and Oklahoma. It purchases, processes, and resells ferrous and nonferrous metals for households, contractors, industrial clients, and demolition companies.

Ownership category

akta.pro rank

Product category

Scrap Metal Recycling Services

NAICS

Waste Collection (56211), Solid Waste Collection (562111), Recyclable Material Merchant Wholesalers (42393)

SIC

Refuse Systems (4953), Wholesale-Metals & Minerals (No Petroleum) (5050)

akta.pro primary industry

Scrap Metal Collection, Logistics & Aggregation (Yards, Roll-off, Container Programs) (IMAKAMAK)

akta.pro secondary industries

Non-Ferrous Scrap Processing & Brokerage (Aluminum, Copper, Brass/Bronze, Lead, Zinc, Nickel) (IMAKAMAB), Industrial & Manufacturing Scrap Recycling (Factory Scrap, Turnings, Offcuts) (IMAKAMAE), Scrap Collection, Brokerage & Trading (Dealers, Aggregators, Exporters) (EUAIAJAH), Aluminum Scrap Collection, Sorting & Processing (IMAKACAJ)

Keywords

• Scrap metal recycling
• Ferrous metal processing
• Nonferrous metal recovery
• Industrial scrap management
• Metal recycling services

Headquarters

HQ city

Kansas City

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Scrap Metal Processing and Sales: SMI purchases ferrous and nonferrous scrap metals from customers and processes them for resale. Revenue is generated through the margin between purchase price and processing value. The company handles various metal types including steel, iron, copper, aluminum, brass, stainless steel, lead, nickel, zinc, and magnesium.
2. Industrial Services: Roll-off container services, trailer rental and hauling services (100+ trailers), flatbed services, and onsite processing (baling, car logging, shearing) for industrial and commercial clients. Services are priced based on container size, rental duration, material volume, and service type.
3. Brokerage Services: SMI brokers scrap metal to other companies, connecting sellers with buyers in their network to provide higher value for clients' scrap metal. Commission or margin-based revenue from facilitating transactions.
4. Demolition Services: Complete demolition services including site preparation, demolition, debris removal, and metal recycling. Revenue generated through project fees and metal value recovery from demolished structures.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Scrap Management Industries purchases ferrous and nonferrous scrap metals from individuals, contractors, industrial clients, and demolition contractors and processes them for resale. The company operates 19 scrap yards across Missouri, Kansas, and Oklahoma, supported by five automobile shredders, Nonferrous Recovery Plants, a 100+ trailer fleet, mobile balers and shears for onsite processing, roll-off and flatbed hauling, demolition, and brokerage services.

Product overview

Scrap Management Industries (SMI) operates as a scrap metal recycling company offering a comprehensive suite of services centered on ferrous and nonferrous metal processing. The company operates a multi-facility network across the Midwest with services including Roll Off Container Services, Trailer Services, Flatbed Services, Onsite Baling/Car Logging, and Onsite Shearing Services. Core offerings include Industrial Scrap Management, Demolition Services, and Brokerage Services. SMI processes materials including junk cars (recovering 97% of vehicle metal), catalytic converters, industrial scrap, demolition scrap, and household scrap. The company provides real-time pricing through certified scales and offers both public drop-off and industrial-scale processing. The 2025 acquisition of Allmetal Recycling added 10 Kansas locations, expanding the network to 19 yards with five shredders. SMI operates Nonferrous Recovery Plants at their Kansas City and Park City facilities, and runs an industrial nonferrous consolidation warehouse in Kansas City.

Differentiator

Problem solved

Functional benefit

Products and services

• Ferrous Metal Recycling Processing and resale of ferrous scrap metals including steel, cast iron, and iron-containing materials using five automobile shredders across the Midwest footprint.
• Nonferrous Metal Recycling Processing and resale of nonferrous scrap metals including aluminum, copper, brass, stainless steel, lead, nickel, zinc, and magnesium through company-operated Nonferrous Recovery Plants at Kansas City, MO and Park City, KS.

Quantifiable outcome

• 97% of metal recovered from junk vehicles through extensive shredding process
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Allmetal RecyclingcoreStrategic or Co-development PartnerSMI acquired Allmetal Recycling in December 2025, adding 10 locations across Kansas to its network. Allmetal will retain its name and current leadership including owners Clint and Kolby Cornejo as part of SMI's family of companies. The combined entity operates 19 yards across Missouri, Kansas, and Oklahoma with 5 automobile shredders.
• Recycled Materials Association (ReMA)minorOthersSMI is a proud member of the Recycled Materials Association (ReMA) and recipient of the Circle of Safety Excellence medallion. ReMA membership enables SMI to stay informed of industry developments and adopt best practices for safety and efficiency.
• Institute of Scrap Recycling Industries (ISRI)minorOthersSMI is a member of ISRI, the Institute of Scrap Recycling Industries, the voice of the scrap recycling industry.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Others

• EMR Group (European Metal Recycling): One of the world's largest metal recyclers with operations across the US, Europe, and Asia. Comparable in core ferrous and nonferrous processing, with much broader geographic and end-market scale than SMI.

Broad incumbents

• Radius Recycling (formerly Schnitzer Steel Industries): One of the largest publicly traded ferrous and nonferrous recyclers in North America with shredders, retail yards, and deep-water export terminals. Larger, publicly listed scale incumbent that competes with SMI for industrial generators and end-market buyers.
• Sims Metal Management: Global scrap metal recycler with significant North American operations in ferrous, nonferrous, and electronics recycling. Provides a comparable benchmark for end-market pricing and processing capabilities across SMI's served metals.
• SA Recycling: Large US scrap metal recycler with yards primarily on the West Coast and Southeast, operating shredders and ferrous/nonferrous processing. Comparable vertically integrated model; geographically non-overlapping but similar customer profile.
• David J. Joseph Company (DJJ): Subsidiary of Nucor Corporation and one of the largest US ferrous scrap processors and brokers. Operates shredders and processing facilities nationwide; competes with SMI for industrial scrap supply and feed into EAF steelmaking.

Regional players

• Huron Valley Steel Corporation: Michigan-based regional scrap metal recycler and processor serving industrial and public customers. Smaller scale than SMI but comparable regional Midwest recycler model with ferrous and nonferrous capabilities.
• Cohen Metals Group: Ohio-based family-owned scrap metal processor with yards and shredders serving Midwest industrial customers. Comparable privately held, multi-yard model with focus on ferrous processing and industrial scrap programs.

Direct peers

• PSC Metals: Ohio-based regional scrap metal recycler with multiple yards, shredders, and ferrous/nonferrous processing. Comparable regional roll-up model and customer mix (industrial, demolition, public) overlapping with SMI's Midwest footprint.
• Alter Trading Corporation: St. Louis, MO-headquartered scrap metal recycler operating multiple yards across the Midwest with ferrous and nonferrous processing capabilities. Highly comparable to SMI on geography, yard-network model, and customer segments (industrial, automotive, public).
• Ferrous Processing & Trading Co. (FPT): Michigan-based regional scrap metal processor serving automotive, industrial, and demolition customers with shredders and processing facilities. Highly comparable on industrial customer mix and Midwest/Great Lakes exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/smi-recyclers
• Xx.com/smi_recyclers
• Facebookfacebook.com/ScrapManagementIndustries

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors1 record

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

M&A1 record

Investments

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

Frequently asked questions about Scrap Management Industries