He says new versions of the RECY
software used at Wimco Metals incorporate tracking containers and making bills for overseas shipments--issues that have become more important as more companies eye lucrative opportunities overseas.
The acquisitions as discussed in the release all have been previously announced by RECY
Bernd Frank, CEO of RECY
Systems AG in Unterschleissheim, Germany, which serves the scrap metal and paper industries, says that routing software should be integrated into the dispatch process.
With its focus on margin management, concentration in the less expensive non-metropolitan areas, & greater control over scrap supply, RECY
has produced EBITDA margins of 11-12% over the last three quarters.