Ferrous Processing and Trading Company (FPT) has grown again with the December 2020 acquisitions of both H & H Metals and Metro Waste. The combination of the two firms provides FPT with a significant presence on Detroit’s west side. Based in Inkster, Michigan, H & H Metals originated its business as a small junk shop… Read more »
Ferrous Processing and Trading (FPT) acquired the assets of TMS Trucking in Romulus, Michigan in September. The move improved FPT’s dispatch operations to service accounts in Michigan by expanding upon their staff, equipment and trucks. FPT also expanded by adding a physical location.
Installation of the much anticipated, aluminum separation and briquetting system installed to process the scrap for the closed-loop recycling system at Nissan North America’s Smyrna, Tennessee Stamping facility was scheduled to begin in March 2020. Equipment was loaded on ships several weeks prior to traverse the globe and allow plenty of time for a “go… Read more »
On Tuesday, June 18 2019 the winners of the 10th annual Fastmarkets AMM Awards for Steel Excellence were announced. The awards are among the most prestigious and recognizable awards in the global steel industry. Ferrous Processing & Trading (FPT) was awarded the coveted Scrap Company of the Year award. FPT was nominated by steel producers,… Read more »
As part of Ferrous Processing and Trading Co.’s (FPT) succession planning it was recently announced that Dave Dobronos has been named Chief Executive Officer (CEO), with FPT’s Executive Leadership Team now reporting to Dave. This is in addition to Mr. Dobronos’ role as President of Ferrous Processing and Trading Co. Dave has been a leader… Read more »