Tungco

We Specialize in Tungsten Scrap Reclamation

Tungco specializes in tungsten carbide reclamation and raw feed supply to tungsten carbide suppliers and consumers. As a global leader in the tungsten recycling industry, Tungco supplies truckload quantities of material to consumers who recycle and produce new tungsten products.. Our procurement team is made up of some of the most knowledgeable tungsten specialists in the industry.  We value our relationships. Insuring that our suppliers receive the highest level of service throughout the procurement process is very important to us.  Accurate processing, settlement, and payment are handled with the utmost efficiency.

Globally, there are thousands of tons of tungsten scrap generated from oil and gas, machining, thermal spray, aerospace, energy, healthcare, automotive, manufacturing, scrap dealers and other tooling industries. These industries use tungsten in their daily operations and are left with a large amount of tungsten waste. At Tungco, our suppliers are able to trade that scrap for revenue and we are able to recycle the tungsten into reusable material.

One of our core values at Tungco is to do “Whatever it Takes”.  Let us prove it to you, it’s as simple as a price quote. Contact us today!
We look forward to hearing from you.

History

Tungco Incorporated was started in 1969 by Larry Stephen Nance in Madisonville Kentucky. At 16 years old, he began recovering tungsten carbide from mine drill bits from a local coalmine in Western Kentucky.
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What We Do

Our goal is to be “Tungsten Specialist.” The decision was made many years ago to centralize our focus on tungsten and the alloys that are part of its family.
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Core Values

Core values are what support the vision, shape the culture and reflect what the company values.They are the essence of the company’s identity – the principles, beliefs or philosophy of values.
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Founder

I wanted to build a company set up for both growth and sustainability. With hard work, sound planning, and by never giving up, I’ve seen my hopes and expectations far exceeded.
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History

The history of Tungco Incorporated.

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In the fall of 1969…

my father, James Nance came home from one of his sales visits to a local coalmine in Western Kentucky and asked if I would like to earn some money recovering tungsten carbide from mine drill bits; at the time I was only 16 years of age. Today, some 45 years later, Tungco now stands as one of the largest Tungsten Secondary Raw Materials supplier in the world.

Through the seventies, the business primarily recycled tungsten from mining and drilling bits. Tungco was incorporated in 1977 and moved to a new, larger facility in Hanson Kentucky that same year. After a big slump in the economy in the early eighties, tungsten prices and demand declined and I began manufacturing drill bits in 1987 in addition to recycling tungsten scrap. Over the next decade both of these businesses grew, and in 1996 the bit manufacturing was spun off to allow Tungco to concentrate on the core business of tungsten.

The new Millennium brought with it new levels for Tungco. In 2000 new acreage was purchased with an office complex and additional warehousing. In 2002, a neighboring 10,000 square foot production plant was purchased. In 2007 we added a 19,000 square foot production facility to accommodate additional production lines. Our most recent facility was finished in 2012 and provides over 6,000 square feet of office space and 19,000 square feet of warehouse. These additions have enabled us to produce higher volumes of tungsten in shorter time frames, thereby enabling us to provide better pricing and pay-terms to our suppliers.

Who would have thought that my fathers curiosity would lead us to where we are today. I am proud to say as I write this, Tungco will celebrate its 50th year in the Tungsten business. My hope is to give assurance to potential suppliers and customers that Tungco is in Tungsten for the long haul. – Steve Nance, Chairman

Core Values

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Whatever It Takes

We were founded on the attitude that there should be nothing that a customer, supplier or competitor could throw at us that we couldn’t achieve. Excellence is mandated in every aspect of our work and failing to exceed expectations is simply not an option.

“Attitude is a little thing that makes a big difference.”
– Winston S. Churchill

Subdue

Our Creator didn’t just give us the earth and everything in it; He gave us the wherewithal to create. Nothing is out of reach! Our limitations lie only within ourselves. Creativity, innovation, vision and leadership are gifts to help us subdue our craft and industry.

“Our talents are the gift that gives us… What we make of our talents is our gift back to God”
– Leo Buscaglia

Community

Without community, everything else is impossible! No aspect of life is intended for isolation!

“Those who love their dreams of community more than the love of community itself become destroyers of that community, even though their personal intentions may be honest, earnest, and sacrificial!”
– Dietrich Bonhoeffer

Founder

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Words from Chairman

When I look back over the years I do see some disappointments, some regrets, and certainly some mistakes. Many of the choices I made were dumb and were failures. Even with that said, I do not look back today and feel any disappointment for not trying.

2018 will begin our 50th year in business. Through the years we have ridden out many waves in the market, as that is what markets tend to do. Somtimes, we were only surviving and at other times, we were thriving. All the while we have maintained our goal of growing the business and capturing market share. Much of our growth and success has been found by keeping our core focus on tungsten and the recycling of it. Our persistence over the years has led us to our current position in the global tungsten market.

My heart is full of thanks and gratitude to my team, both present and past, and to customers and suppliers we have worked with over the last half century. I am excited and look forward to what the future holds.

-Steve Nance

“Twenty years from now, you will be more disappointed by things you didn’t do than by the ones you did do. Throw off the bowlines. Sail away from safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.”
– Mark Twain

Mission

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To be global Tungsten Specialists, by providing secondary tungsten raw materials in high volumes.

What We Do