AMG to Acquire Assets of West Virginia Scrap Metal Recycler

SEATTLE (Scrap Monster): Pittsburgh-based AMG Resources Corp. announced its decision to acquire the assets of Strauss Industries Inc.- the largest and oldest scrap metal recycler in West Virginia.

The acquired businesses include Strauss subsidiaries such as Automatic Recycling Inc., Herman Strauss Inc. and Strauss Automotive, which operates facilities in Weirton, Benwood and Wheeling, West Virginia, in addition to another in West Alexander, Pennsylvania. The acquired operations include a proprietary nuggetizer, a barge-loading facility on the Ohio River and shearing, baling and torching operations.

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Strauss’s existing businesses will complement AMG Resources, which already has strong presence in the Ohio Valley region, through its nine ferrous and nonferrous scrap-processing operations in western Pennsylvania, eastern Ohio and northern West Virginia. In addition, Strauss’s barge-loading capabilities will provide greater opportunities for AMG Resources to supply customers via the river, supplementing its private railcar fleet, said Eric Goldstein, President, AMG Resources.

AMG Resources operates 20 scrap processing facilities and 17 commercial offices in the U.S., in addition to its European operations.