Gannon & Scott Joins Metalor Technologies, Strengthens Precious Metal Refining, Recovery Offerings
Becoming a wholly owned subsidiary will build on Gannon & Scott’s strengths while opening up new resources and business opportunities.
Source | Gannon & Scott
Gannon & Scott Inc. (Cranston, Rhode Island), provider of precious metal refining and recovery services in North America, has signed a definitive agreement to join Metalor Technologies (Neuchâtel, Switzerland), a respected name in the global precious metals industry and part of Tanaka. The transaction is expected to close following approval by regulatory authorities, after which Gannon & Scott will become a wholly owned subsidiary of Metalor Technologies, enhancing the capabilities of both organizations and positioning them to better serve their worldwide customer base.
Founded in 1919, Gannon & Scott has earned a strong reputation for secure, environmentally responsible refining solutions across industries including electronics, aerospace, electroplating, medical devices and jewelry manufacturing. With facilities in Rhode Island and Arizona, the company is recognized for its proprietary thermal reduction technology and waste minimization processes — innovations that align seamlessly with Metalor Technologies’ global standards for excellence.
“We are thrilled to become part of an organization that shares our commitment to innovation, customer success and sustainable growth,” says Christopher Jones, president of Gannon & Scott. “This partnership allows us to build on our strengths while gaining new resources and opportunities.”
As part of Metalor Technologies, Gannon & Scott customers will benefit from:
- Expanded refining capabilities across all precious metals (gold, silver, platinum, palladium, rhodium, iridium, ruthenium) through global sourcing and recycling channels.
- Access to high-purity precious metals, technical products, compounds and chemicals.
- Advanced technology and analytical services powered by Metalor Technologies’ international laboratories and R&D network.
- A global refining infrastructure enabling more agile service to international operations.
“Since 1919, Gannon & Scott has consistently grown. Becoming part of Metalor Technologies provides a tremendous opportunity to accelerate that growth,” adds Joe Peixoto, CEO of Gannon & Scott. “It opens the door to new capabilities, new markets and new professional development opportunities for our employees.”
On the other hand, Metalor Technologies benefits in strengthening its vertical integration — direct access to low-grade materials such as electronic waste will expand its ability to serve customers and partners with greater efficiency and environmental responsibility.
Customers can expect a seamless transition. In particular, Gannon & Scott’s leadership team, skilled workforce, facilities and day-to-day operations will remain unchanged.
