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Monday, March 19, 2012

Press Release-KMG Gold Recycling Grows 300% in 2011, Moves to Larger Facility in Winnipeg

KMG Gold Recycling sees almost 300% growth in 2011 and has outgrown their old digs. KMG moves to larger retail outlet and processing facility in Winnipeg.

KMG’s new facility will allow the company to offer a broader range of products and services and to increase staffing, all intended to better serve KMG Gold’s rapidly expanding retail, commercial and professional client base.

KMG Gold Recycling buys, recycles, and refines all precious metals including gold, silver, platinum and palladium. KMG started as an internet gold buyer in 2007 on, and opened their first retail location in Winnipeg in 2010 and has now moved to a larger facility.

KMG Gold is the only precious metal recycler to win BBB Torch Awards for Ethics, Integrity and Marketplace Excellence, two years in a row.

This is the second expansion KMG Gold has undertaken in the last twelve months and reflects the explosive growth the company has seen since entering the precious metals marketplace in 2007.

Michael Gupton, Co-Founder and President of KMG Environmental Inc., the parent company of KMG Gold, attributes their phenomenal business success to many of the same factors that have resulted in the company winning multiple BBB Torch Awards. “Exceptional customer service combined with consumer education has helped KMG grow quite rapidly,” says Gupton.

BBB Torch Awards recognize businesses that build trust, advertise honestly, tell the truth, remain transparent in their business dealings, honour their promises and display integrity in all of their marketplace activities.

As a secondary precious metal refinery, KMG Gold is able to pay the highest prices to individuals and companies wanting to recycle and refine their gold, silver, platinum and other precious metals.

The new location at 620 Academy Road (at the foot of the St. James Bridge) in Winnipeg, is readily accessible from all quadrants of the city and provides ample street and off-street parking for the convenience of customers and is wheelchair accessible.

The larger office also lets KMG Gold increase its community service component by accepting more donations of scrap gold for the Canadian Cancer Society and more donations of costume jewellery and silver plated items for Canadian Goodwill Industries.

Future plans for the new facility include state-of-the-art induction melting furnaces and X-ray fluorescence technology for determining purity on-site.

For more information on KMG Gold, please visit, or call us at 204-452-4653, or toll free at 1-877-468-2220.

Media Contact: Michael Gupton, BSc Eng (Civil) CTE AScT, President, KMG Environmental Inc., 204-452-4653
Posted by Mike Gupton at 1:17 PM 0 Comments