Heraeus Precious Metals North America continues growth

October 30, 2012

Things are going well for Heraeus’ U.S. markets and now Heraeus Precious Metals North America is expanding its Newark facility, one of three U.S. precious metal refineries.

Things are going well for Heraeus’ U.S. markets and now Heraeus Precious Metals North America is expanding its Newark facility, one of three U.S. precious metal refineries.

Heraeus Precious Metals North America LLC, an integral part of the Heraeus precious metals and technology group headquartered in Hanau, Germany, recently announced the expansion of the Newark, N.J, facility of the company’s U.S. chemicals division. The 3,200-square-foot addition will serve increased customer demand following several years of growth. The expansion is scheduled for completion by the end of 2012 and will house 24 employees focused on the company's jewelry and dental market.

“As Heraeus Precious Metals continued to successfully grow within the U.S. market, it quickly became apparent that our facilities also needed to grow to best service our customer base," said Allan Semko, vice president and site manager, who oversees operations at the Newark facility. "Our excellent customer service is the reason Heraeus has seen such incredible growth and success in recent years. The expanded Newark facility will allow us to meet customer demand, maximize volume and strengthen our ability to best serve customers."

The U.S. chemicals division of Heraeus has continued to experience substantial growth since 2008, creating the need for a larger refinery capable of maximizing volume. The Newark site serves the jewelry and dental markets with refined, recycled precious metals.

Heraeus Precious Metals North America LLC (HPMN) is an integral part of the globally active company Heraeus Precious Metals and specializes in the manufacturing, refining and trading of precious metals as well as the production of specialty chemicals.