Alter Trading Buys Gerdau’s StPaul Recycling Facility in Minnesota
St Louis Missouri US headquartered Alter Trading Corp has purchased the assets of Gerdau’s St Paul Barge Channel Road recycling facility in Minnesota.
St Louis Missouri US headquartered Alter Trading Corp has purchased the assets of Gerdau’s St Paul Barge Channel Road recycling facility in Minnesota. The acquired facility is next to a current Alter location and will allow Alter Logistics to complete the expansion of its St Paul Terminal’s fertilizer business. Alter Trading will hire all the current Gerdau team members. Alter Trading President & CEO Mr Jay Robinovitz said “Gerdau and Alter have a long and mutually beneficial working relationship, and we at Alter appreciate Gerdau’s willingness to help us expand our terminal business. We consider Gerdau a strategic trading partner, and we look forward to many years of continued business.”
Alter Trading Corporation is one of US's leading scrap metal recyclers and brokers, with processing centers and offices throughout the central United States. Founded in 1898, Alter is a privately owned fifth-generation company and is ISO 9001 and 14001 certified. The company employs 1,350 people and operates 70 metal recycling facilities and seven trading offices in eight states and a representative sales office in Hong Kong.