Schnitzer Announces Restart Of Production At Its Cascade Steel Rolling Mills And Agreement To Acquire Leading Us Metal Recycler In The Southeast
Schnitzer Announces Restart Of Production At Its Cascade Steel Rolling Mills And Agreement To Acquire Leading Us Metal Recycler In The Southeast
08/17/21, 12:04 PM
Industry
natural resources
manufacturing
Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) is pleased to announce the successful restart of production at its Cascade Steel Rolling Mills in McMinnville, OR. The Company is also pleased to announce that it has entered into an agreement to purchase the assets of Columbus Recycling in the Southeast region of the United States.
Company Info
Company info
Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled metal products in North America with operating facilities located in 25 states, Puerto Rico, and Western Canada. Schnitzer has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company’s integrated operating platform also includes 50 stores which sell serviceable used auto parts from salvaged vehicles and receive over 4.3 million annual retail visits. The Company’s steel manufacturing operations produce finished steel products, including rebar, wire rod and other specialty products. The Company began operations in 1906 in Portland, Oregon.