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By on in Company News

WE ARE GROWING EAST….Today we have the pleasure of announcing that Triple M has acquired 100% of Peterborough Iron & Metal (PIM). PIM operates 3 sites in Eastern Ontario, including Peterborough, Port Hope and Minden. Mark Dickomeit has been partner/owner and operator of PIM for the last 10 years and has grown PIM to be a significant player in Eastern Ontario. We are excited to bring PIM under the Triple M Metal LP umbrella and leverage our international reach with PIM’s local presence. For the time being the yards will continue to run under their current names.

We are excited to have Mark and his dedicated team join our growing organization.

This addition reflects our organization’s commitment to maintaining our position as Ontario’s premier metals recycler. With a strong customer base and strategically located yards, the PIM acquisition is in line with our short term and long term sustainability goals. The additional feeder yards and processing sites, further strengthen our presence in Ontario, and helps to solidify our place as Ontario’s largest scrap metal processor.

Over the last forty plus years, Triple M has evolved into one of the largest independent scrap companies in North America. With the on-boarding of PIM, we now operate 19 sites in Ontario, and 31 across North America. We should all take great pride in the evolution of Triple M, and this acquisition is a further testament to all of your hard work and dedication to our customers, shareholders, and one another.

Please join us in welcoming our new colleagues as we look forward to another great year here at Triple M.

Oscar Moniz
President, Triple M Metal LP