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Newco Metals, Inc. was founded in 1986 as a metal trading company supplying aluminum billet to the extrusion industry and trading in the primary aluminum industry. In 1987, Newco Metals started trading in the automotive and die casting industries and moved its office fourteen miles northeast of Indianapolis to a twelve acre scrap purchasing, processing and trading facility. Newco Metals quickly expanded from a 10,000 square foot to a 50,000 square foot warehouse, with the addition of 20,000 square feet of concrete for materials processing. Over the years Newco has continuously grown, adding equipment including two balers, shake-tables, roll-off and semi trucks, spectrographic & X-Ray analysis, radiation detection and surveillance equipment. Most recently a fraud prevention/inventory control/retail sales system called ScrapDragon has been added to further enhance our operation. Newco Metals is making protection of the environment a higher priority than ever before. Certain governmental regulations, such as Superfund Recycling Act, are promoting awareness of environmental issues within the metal industry. Companies are seeking suppliers they know are complying with government regulations. In 2002 Newco obtained certification to ISO 9001 and 14001 standards for its quality and environmental management system. These certifications remain in force to date and let Newco customers know they are doing business with a well run, well maintained, professional and honest organization.

Newco Metals Questions

The Newco Metals annual revenue was $30.7 million in 2026.

Mike Rasmussen is the Vice President and Metal Buyer of Newco Metals.

16 people are employed at Newco Metals.

Newco Metals is based in Pendleton, Indiana.

The NAICS codes for Newco Metals are [423930, 423, 4239, 42, 42393].

The SIC codes for Newco Metals are [509, 50].

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