Albar Precious Metal Refining -- Manufacturing, inc5000 Article

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No. 271 Albar Precious Metal Refining

Pompano Beach, FL

Year	2007
Industry	Manufacturing
Founded	2001
Growth	902.0%
2003 Revenue	$4.1 million
2006 Revenue	$41.0 million
Employees	20
Website	www.albarmetals.com

Ranked No. 5 in the Top Companies in Manufacturing
Ranked No. 6 in the Top Companies in Miami-Fort Lauderdale-Miami Beach, FL
Ranked No. 47 in the Southeast Inc. 500 Companies

What it does: Melts and chemically refines scrap gold, silver, palladium, and platinum purchased from coin dealers, pawn shops, jewelers, and dental labs to resell to jewelry makers and investors.

Why it's growing: Precious metals prices went nuts in 2006. An ounce of gold was up nearly 23 percent and silver prices jumped 45 percent.

What's noteworthy: CEO Jeff Aronson tapped into the consumer market this year with a new, higher-margin company, Cash4Gold, which lets individuals mail in their metal scraps.

Read this company's extended IncBizNet profile.

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