Company Timeline

Four decades of growth, innovation, and trusted service in precious metals refining.

Est. 1977

50+ Years of Milestones

From a single facility in Bethany, CT to a multi-site precious metals operation serving Fortune 500 companies across the United States.

Colt Refining, Inc. Founded
1984 Founding

Colt Refining, Inc. Founded

Harvey J. Gottlieb establishes Colt Refining, Inc. in Bethany, CT — built on the core principles of integrity, quality, and client satisfaction.

Expansion to East Haven, CT
1991 Facility

Expansion to East Haven, CT

Colt moves to a new 24,000 sq ft facility in East Haven, CT, significantly expanding processing capacity and operational capabilities.

East Coast Circuit Board Operations
1996 Growth

East Coast Circuit Board Operations

Colt expands operations to service circuit board manufacturers along the East Coast USA, broadening its precious metals recovery footprint.

Acquisition of EPA, Inc.
2000 Acquisition

Acquisition of EPA, Inc.

Colt Refining, Inc. acquires Electronics Processing Associates, Inc. (EPA Inc.), adding electronic scrap processing expertise to its service portfolio.

New 55,000 Sq Ft Refinery — Merrimack, NH
2003 Facility

New 55,000 Sq Ft Refinery — Merrimack, NH

Colt Refining, Inc. builds a new state-of-the-art 55,000 sq ft refinery in Merrimack, NH — the foundation of its modern precious metals processing operation.

Acquisition of TRI
2006 Acquisition

Acquisition of TRI

Acquisition of TRI expands Colt Recycling's asset remarketing services, adding a new dimension to its end-of-life material recovery capabilities.

Harvey J. Gottlieb
2006 Leadership

Harvey J. Gottlieb Named President of IPMI

Harvey J. Gottlieb is named President of IPMI furthering Colt's industry leadership and professional associations.

TheOx Installation — Merrimack, NH
2009 Technology

TheOx Installation — Merrimack, NH

Installation of TheCo thermal processing equipment in Merrimack, NH, significantly expanding capacity for the thermal reduction processing line.

Acquisition of Waste Mgt of Schenectady, NY
2011 Acquisition

Acquisition of Waste Mgt of Schenectady, NY

Colt acquires Waste Management operations in Schenectady, NY, extending its geographic reach into the greater New York State region.

Capacity Increase to 20M lbs — Hudson, NH
2014 Expansion

Capacity Increase to 20M lbs — Hudson, NH

Colt Recycling increases processing capacity to 20 million lbs at its Hudson, NH facility, meeting growing demand from industrial and electronic scrap customers.

Colt Recycling Southeast
2017 Acquisition

Colt Recycling Southeast

Colt Refining acquires a facility in Hickory, NC, re-named Colt Recycling Southeast — establishing a dedicated Southern US processing presence.

1.2M Thermal Reduction Expansion
2019 Facility

1.2M Thermal Reduction Expansion

A 1.2M expansion of Thermal Reduction Equipment in Merrimack, NH further cements CRI's position as a leader in thermal precious metal recovery.

Wire Granulation System Installation
2022 Technology

Wire Granulation System Installation

Colt Recycling installs an advanced wire granulation system in Merrimack, NH, improving copper and precious metal recovery from insulated wire scrap.

Elemental_TransBG
2023 Corporate

Sale of Colt Recycling

Colt successfully sells Colt Recycling, LLC and Colt Southeast LLC to Elemental Holding Group

Colt Battery Recycling, LLC
2025 Corporate

Acquisition of Mercury Refining, LLC

Colt Refining, Inc. acquires Mercury Refining, LLC, the nations largest silver oxide recycler and rebrands to Colt Battery Recycling, LLC.

NewBuilding
2026 Corporate

Facility Expansion

Colt Refining completes construction of 65,000 sqft facility expanding operations and existing campus to over 16 acres.