Portland Oregon head quartered Schnitzer Steel Industries Inc announce that it has purchased the operating assets of Encore Recycling LLC in the greater Atlanta Metro area. The acquisition was closed on 29 April and encompasses two full-service recycling facilities, including a metal shredding operation and recycled auto-parts center. Founded in 2013, Encore has a well-established customer-focused business that purchases and processes end-of-life vehicles, appliances, and additional ferrous and nonferrous materials from local recycling companies and industrial, commercial, and individual customers. Encore sells its recycled products to steel mills and foundries throughout the Southeast, the fastest growing steel and industrial manufacturing region in the country. In 2021, the Encore facilities processed approximately 90,000 ferrous tons, 14 million nonferrous pounds, and 20,000 end-of life vehicles. In furtherance of its commitment to sustainable operations, Schnitzer plans to make capital and other investments at the acquired facilities, including for environmental projects and programs such as a shredder enclosure and emission control system, storm water infrastructure upgrades, and implementation of a US Environmental Protection Agency approved refrigerant recovery management program.The acquisition of Encore’s assets follows Schnitzer’s 2021 purchase of eight recycling facilities from Columbus Recycling and expands the Company’s Southeastern regional footprint to 24 recycling facilities across Alabama, Georgia, Kentucky, Mississippi, and Tennessee. The integration of the Encore assets into the Schnitzer operating model will enable the Company to provide additional products, services, and logistics solutions to customers and suppliers across the Southeast.
Portland Oregon head quartered Schnitzer Steel Industries Inc announce that it has purchased the operating assets of Encore Recycling LLC in the greater Atlanta Metro area. The acquisition was closed on 29 April and encompasses two full-service recycling facilities, including a metal shredding operation and recycled auto-parts center. Founded in 2013, Encore has a well-established customer-focused business that purchases and processes end-of-life vehicles, appliances, and additional ferrous and nonferrous materials from local recycling companies and industrial, commercial, and individual customers. Encore sells its recycled products to steel mills and foundries throughout the Southeast, the fastest growing steel and industrial manufacturing region in the country. In 2021, the Encore facilities processed approximately 90,000 ferrous tons, 14 million nonferrous pounds, and 20,000 end-of life vehicles. In furtherance of its commitment to sustainable operations, Schnitzer plans to make capital and other investments at the acquired facilities, including for environmental projects and programs such as a shredder enclosure and emission control system, storm water infrastructure upgrades, and implementation of a US Environmental Protection Agency approved refrigerant recovery management program.The acquisition of Encore’s assets follows Schnitzer’s 2021 purchase of eight recycling facilities from Columbus Recycling and expands the Company’s Southeastern regional footprint to 24 recycling facilities across Alabama, Georgia, Kentucky, Mississippi, and Tennessee. The integration of the Encore assets into the Schnitzer operating model will enable the Company to provide additional products, services, and logistics solutions to customers and suppliers across the Southeast.
