OmniSource Corporation is a multifaceted metals-recycling company—one of North America’s largest processors and distributors of scrap and secondary metals. We collect, process, and resell a wide variety of scrap metal. Through recent expansions and acquisitions, we can now process 7 million tons of ferrous scrap per year and more than 1 billion pounds of nonferrous metals. We currently operate more than 70 collection and processing facilities, including 11 high-capacity shredders as well as other metals processing facilities, and employ about 2,500 people.
Our primary collection and processing facilities are in the Midwest, the Southeast, and the mid-Atlantic regions of the United States. Moreover, utilizing a wide-ranging fleet of trucks and containers, railcars, and barges to collect and haul metals, our reach stretches across North America. Our national brokerage and trading operations serve both metals buyers and sellers, providing the market intelligence and insights needed to optimize transaction value.
Supplementing our company-operated scrap collection sites, we also acquire metals from industrial scrap generators with which we have established strategic partnerships. We have designed and installed customized metals-recycling programs, some of which we manage and operate, for manufacturing companies nationwide.
Founded in Fort Wayne, Indiana, more than 65 years ago, OmniSource was acquired in 2007 by Steel Dynamics, Inc., and operates as a wholly owned subsidiary.
Sims Metal, division of Sims Limited, is a global metal recycler with operations that encompass the buying, processing and selling of ferrous and non-ferrous metals. Our metal recycling operations are located across the United States, Australasia and the United Kingdom and comprise a network of processing facilities – many with deep-water port access supported by an extensive network of feeder yards. We provide customized recycling services to meet the individual needs of commercial and industrial scrap metal producers, and we buy ferrous metal from metal dealers, peddlers, auto wreckers, demolition firms and others who generate obsolete metal, and from manufacturers who generate industrial metal.
Schnitzer is a global leader in the collection, processing, and sale of the world's most recycled product: steel. Since our founding in 1906, Schnitzer has grown into a global leader in metals recycling through a combination of organic investments and acquisitions which provide state-of-the-art processing, manufacturing and information technologies. Today, Schnitzer operates 95 recycling facilities, including seven deep water ports – on both U.S. coasts and in Hawaii and Puerto Rico – which enable efficient delivery of processed scrap metals to steel mills and foundries around the world.
Schnitzer Steel Industries, Inc. has corporate headquarters in Portland, Oregon and has traded on the NASDAQ Stock Market under the symbol SCHN since its IPO in 1993.
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