FPT acquires two Sims Metal Management locations

FPT acquires two Sims Metal Management locations
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The metals recycling company Ferrous Processing and Trading (FPT), headquartered in Detroit, has purchased the assets of Sims Metal Management’s facilities in Detroit, and Toledo, Ohio.

In announcing the acquisition, Howard Sherman, CEO of FPT, says, “Our purchase of these assets reflects our commitment to continued business growth in the Midwest Region. We are excited about these acquisitions and are happy to welcome our new employees in Detroit and Toledo to the Ferrous Processing and Trading team.”

In addition to its Detroit headquarters location, FPT operates more than a dozen scrap recycling facilities, including plants in Michigan, Ohio, Tennessee, Florida and Ontario.

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Source: Recycling Today
FPT acquires two Sims Metal Management locations
<![CDATA[The metals recycling company Ferrous Processing and Trading (FPT), headquartered in Detroit, has purchased the assets of Sims Metal Management’s facilities in Detroit, and Toledo, Ohio. In announcing the acquisition, Howard Sherman, CEO of FPT, says, “Our purchase of these assets reflects our commitment to continued business growth in the Midwest Region. We are excited about these acquisitions and are happy to welcome our new employees in Detroit and Toledo to the Ferrous Processing and Trading team.” In addition to its Detroit headquarters location, FPT operates more than a dozen scrap recycling facilities, including plants in Michigan, Ohio, Tennessee, Florida and Ontario.  ]]>