American Iron & Metal
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| Company type | Private company |
|---|---|
| Founded | 1936 |
| Founder | Peter Black |
| Headquarters | Montreal, Canada |
Key people | Herbert Black (CEO) |
| Website | aim-global |
American Iron & Metal Company Inc. (AIM) is a Canadian recycling company for scrap metal based in Montreal, Quebec. Established in 1936 by Peter Black, it is under private ownership of his family, including Herbert Black, who serves as the CEO.[1]
American Iron & Metal was established in 1936,[2] as a scrapyard in Hochelaga-Maisonneuve, Montreal by Peter Black.[3]
In 2002, AIM established a scrapyard in Saint John, New Brunswick under a 40-year-lease with the Port of Saint John. In 2011, the company spent $30 million to expand its yard.[2] In 2014, the company purchased the Bucksport mill in Bucksport, Maine from paper mill company Verso Corporation, leading to the mill's closure.[4][5]