- Horsehead Corporation
We are the largest zinc producer in the United States and lead the industry as an integrated producer of zinc, zinc oxide and zinc powder from recycled sources. Each year, we recycle thousands of tons of zinc-containing electric arc furnace dust and secondary materials, batteries, nickel bearing waste and other metals.
New Jersey Zinc Company and St. Joe Resources Company date back to the mid 1800s. Horsehead Corp. and its parent Horsehead Holding Corp. were establi shed in 2003 and acquired portions of their assets. Horsehead Holding Corporation is based in Pittsburgh, PA. INMETCO, located in Ellwood City, PA, was acquired in 2009, and Zochem, Inc., located in Brampton, Ontario, was acquired in 2011.
Horsehead Holding Corp’s subsidiaries operate seven strategically located facilities throughout the United States and Canada.
Horsehead Corporation is the leading United States producer of specialty zinc and zinc-based products and a leading recycler of electric arc furnace dust. Zochem, Inc. is the leading producer of high-quality zinc oxide in North America with a global distribution and warehouse network. INMETCO, Inc. is a leading processor of nickel-bearing wastes in North America, recycling thousands of tons of nickel, chromium, iron, molybdenum and cadmium-bearing wastes each year.
February 2, 2016
Horsehead Holding Corp. and Certain of Its Subsidiaries Commence Voluntary Restructuring
PITTSBURGH, PA, FEB. 2, 2016 — Horsehead Holding Corp. (Nasdaq: ZINC) announced today that it and certain of its subsidiaries (collectively, the “Company”) have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”).
January 22, 2016
Horsehead to Temporarily Idle Mooresboro Facility
PITTSBURGH-- January 22, 2016--Horsehead Holding Corp. (NASDAQ: ZINC) today announced that it is temporarily idling its Mooresboro, North Carolina zinc production facility. The Company stated that the decision to temporarily idle the facility is the result of many factors, including a depressed zinc price which recently has languished near its seven year low and the Company’s current liquidity situation. A small workforce will be retained to manage the facility during this period.
January 4, 2016
December Mooresboro Update
PITTSBURGH-- January 4, 2016--Horsehead Holding Corp. (NASDAQ: ZINC) today issued an update on operations at its Mooresboro, North Carolina zinc production facility. The Company reported that the facility produced approximately 2,200 tons of zinc in December 2015. This was supplemented with the sale of approximately 12,200 tons of zinc calcine and waelz oxide.
December 1, 2015
Horsehead Update on Mooresboro, NC Facility
PITTSBURGH-- December 1, 2015--Horsehead Holding Corp. (NASDAQ: ZINC) today issued an update on operations at its Mooresboro, North Carolina zinc production facility. The Company reported that the facility produced approximately 3,200 tons of zinc in November, most of which was converted to cast product. This was supplemented with the sale of approximately 9,700 tons of zinc calcine and waelz oxide.
November 18, 2015
Zochem Goes Global, Establishes Distribution Center in Rotterdam
Zochem Inc., one of the world’s premier zinc oxide producers, will embark on several initiatives for 2016 to increase its existing presence in global markets outside of North America. The Company will be further expanding its capabilities to service customers and manage relationships directly as well as via strategic regional distributors, through a warehouse/distribution center soon to be opened in Rotterdam, The Netherlands. This follows the recent investments to optimize production capacity, improve operational efficiency, and implement systems to achieve industry-leading customer service and logistics.
November 9, 2015
Horsehead Holding Corp. Reports Third Quarter 2015 Results
Pittsburgh, PA, November 9, 2015 -- Horsehead Holding Corp. (Nasdaq: ZINC) reported a consolidated net loss of $27.4 million, or $(0.48) per diluted share, for the third quarter of 2015 compared to a consolidated net loss of $7.0 million, or $(0.14) per diluted share, for the third quarter of 2014. Results for the quarter, adjusted to exclude unfavorable non-cash adjustments associated with hedges, was a consolidated net loss of $25.5 million, or $(0.45) per diluted share, compared to a consolidated net loss on the same basis of $7.5 million for the third quarter of 2014, or $(0.15) per diluted share.