South Glens Falls, New York – January 2023 – Following over two decades of commercial partnership, Ames Goldsmith Corporation and Pyromet Inc. have entered into an agreement to bring Pyromet, Silver Phoenix, and Independent Refining Company (IRC) into the Ames Goldsmith family of companies. Both companies look forward to combining strengths and core competencies, cementing their roles as leading North American refiners and manufacturers of precious metal products and chemicals.
“We are excited to welcome Pyromet and its sister firms into the Ames Goldsmith group of companies,” said Frank Barber, President & CEO of Ames Goldsmith Corporation. “This transaction expands our product offering and our talented pool of professional employees. Additionally, it solidifies Ames’ position as a leading precious metals manufacturer and refiner.”
“With many opportunities on the horizon and the known cooperation with Ames, this agreement affords Pyromet, Silver Phoenix, and IRC the opportunity to leverage the resources and expertise of an experienced global precious metals company to be the best version of Pyromet we can be,” said Randy Klein, Pyromet President. “We appreciate the fortunate relationships we have built since 1969 with our partners, vendors, and customers. Ames Goldsmith will help us continue to build that Pyromet legacy of a proud American company.”
Ames Goldsmith was advised by A.S. Freeman Advisors, LLC in this transaction. Bond, Schoeneck, and King served as legal counsel for Ames Goldsmith.