TT & E Iron & Metal, Inc.
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TT & E Iron & Metal, Inc. - overview
Established
1975
Location
-, NC, US
Primary Industry
Environmental Services
About
TT & E Iron & Metal, Inc. is a scrap metal recycling company based in Garner, North Carolina, specializing in the collection and processing of various scrap metals for commercial and residential clients. Founded in 1975 in Garner, North Carolina, TT & E Iron & Metal, Inc. provides scrap metal recycling services.
The company has maintained consistent operations without significant pivots in business strategy. It operates from its headquarters in Garner and has handled one major deal as of April 1, 2009. TT&E Iron & Metal, Inc. specializes in scrap metal recycling, offering comprehensive services to both commercial and residential clients.
They accept a wide range of scrap metals, particularly from commercial demolition projects, and provide various dumpster container sizes for large quantities of scrap metal. Their state-of-the-art recycling facility in Garner utilizes advanced computerized systems for transaction tracking and payment processing, serving a broad market that includes Raleigh, Durham, Fayetteville, and Jacksonville, NC. The company prioritizes selling millions of pounds of recycled metal directly to end users for manufacturing new products, contributing to environmental sustainability. TT&E Iron & Metal, Inc.
generates revenue from scrap metal recycling transactions, characterized by direct interactions with clients in B2B and residential markets. Clients bring their scrap materials to the facility, where they receive immediate service from arrival to payment processing. The computerized transaction system records each interaction, ensuring pricing transparency and accuracy. Revenue is derived from the volume of scrap metal processed, with variable pricing based on material type and quantity.
The company's established reputation for honesty and competitive pricing supports its financial performance across various regions. TT & E Iron & Metal, Inc. plans to continue expanding its market presence, with strategies aimed at enhancing its service offerings and operational capacity. Recently, the company is exploring the design of new products to better serve its clients, although specific product launch dates have yet to be confirmed.
They are targeting expansion into additional regions within North Carolina and potentially into nearby states by 2025. The capital raised in their most recent deal on April 1, 2009, is expected to support these initiatives, although specific details on the funding's impact remain undisclosed.
Primary Industry
Environmental Services
Sub Industries
Recycling
Website
www.ncscrapmetal.com
Verticals
Clean Technology
Total Amount Raised
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TT & E Iron & Metal, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Private Debt | Completed | TT & E Iron & Metal, Inc. | - |
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