Cranston, RI, USA & Neuchatel, Switzerland - (JCN Newswire) - Gannon & Scott, a leading provider of precious metal refining and recovery services in North America, today announced that it has signed a definitive agreement to join Metalor Technologies, one of the most respected names in the global precious metals industry and part of TANAKA. The transaction is expected to close following approval by regulatory authorities, after which Gannon & Scott will become a wholly owned subsidiary of Metalor Technologies, enhancing the capabilities of both organizations and positioning them to better serve their worldwide customer base.Founded in 1919, Gannon & Scott has earned a strong reputation for secure, environmentally responsible refining solutions across industries including electronics, aerospace, electroplating, medical devices, and jewelry manufacturing. With facilities in Rhode Island and Arizona, the company is recognized for its proprietary thermal reduction technology and waste minimization processes — innovations that align seamlessly with Metalor Technologies’ global standards for excellence.
“We are thrilled to become part of an organization that shares our commitment to innovation, customer success, and sustainable growth,” said Christopher Jones, President of Gannon & Scott. “This partnership allows us to build on our strengths while gaining new resources and opportunities. Together, we are well positioned to deliver even greater results for our customers, employees, and partners.”
A Stronger Offering for Customers
As part of Metalor Technologies, Gannon & Scott customers will benefit from:
- Expanded refining capabilities across all precious metals (gold, silver, platinum, palladium, rhodium, iridium, ruthenium) through global sourcing and recycling channels.
- Access to high-purity precious metals, technical products, compounds, and chemicals.
- Advanced technology and analytical services powered by Metalor Technologies’ international laboratories and R&D network.
- A global refining infrastructure enabling more agile service to international operations.
“Since 1919, Gannon & Scott has consistently grown. Becoming part of Metalor Technologies provides a tremendous opportunity to accelerate that growth,” said Joe Peixoto, CEO of Gannon & Scott. “It opens the door to new capabilities, new markets, and new professional development opportunities for our employees. Our customers can be assured that the high level of service, trust, and security they’ve always relied on will remain unchanged — now strengthened by access to a broader suite of products and services.”
Customers can expect a seamless transition. In particular, Gannon & Scott’s leadership team, skilled workforce, facilities, and day-to-day operations will remain unchanged.
“The acquisition of Gannon & Scott, the most reputable secondary refiner in the United States, represents a strategic step in strengthening Metalor Technologies’ vertical integration,” said Nicolas Carrera, CEO of Metalor Technologies. “By securing direct access to low-grade materials such as electronic waste, we reinforce our commitment to sustainable sourcing and responsible recycling of precious metals, while expanding our ability to serve customers and partners with greater efficiency and environmental responsibility.”
Press release: http://www.acnnewswire.com/docs/files/251028.pdf