cozziconsultinggroup.com : NEWS

		NEWS Glendale Iron & Metal Purchased by Cozzi Partners 7 April 2006 Historic Arizona Scrap Processor Will Be Lead by Top Industry Management Firm Chicago, IL - April 7, 2006 - Cozzi Partners, LLC, recently announced the acquisition of Glendale Iron & Metal, one of the oldest scrap processors in the Phoenix, AZ area. Since 1965, Glendale Iron & Metal has specialized in providing metal recycling services to manufacturers, construction industry and trades, tool and die machine shops, and other companies that handle ferrous and non-ferrous materials. "Phoenix Arizona is one of the fastest growing metropolitan areas in the country. We are pleased to acquire a company that is well positioned to capitalize on the continued growth in this market," said Albert Cozzi, a partner at Cozzi Partners. Cozzi Partners, LLC is a new company formed in 2006 by members of the Cozzi family. The Cozzi's have a long history in the scrap metal business, having built Cozzi Iron & Metal into one of the largest regional players in the industry prior to selling it to Metal Management in 1997. The company is lead by Albert Cozzi, former CEO of Metal Management, and Frank Cozzi, national chair of the Institute of Scap Recycling Industries. This experience will prove valuable in helping Glendale Iron & Metal to continue to grow as a leading scrap processor. Glendale Iron & Metal will continue to operate under its existing name and Keith Kosier, a former owner and general manager of the yard, will reassume the general manager's role under the new ownership. "Glendale Iron & Metal has developed a large base of loyal customers and dedicated, hard working and talented employees during its long history in business. We are looking forward to combining the operational and marketing skills of the Cozzi family to build on the foundation we have in place," said Keith Kosier, general manager of Glendale Iron & Metal. About Cozzi Partners Cozzi Partners is a scrap management firm than owns and operates metal and plastic recycling operations. The company is managed by the Cozzi family, one of the most experienced and respected names in the scrap industry. With more than 100 years of combined scrap management experience, Cozzi Partners brings a unique and extensive base of expertise and connections have been honed building the largest scrap processor in the Midwest, running a national and publicly traded scrap company, and maintaining a prominent leadership role in the industry.


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