Ferrous Processing & Trading partners with Nissan North America and implements an innovative new scrap processing system for excess metal stampings.
Detroit, MI, February 2013 – Ferrous Processing & Trading (FPT) is pleased to announce they will be operating as the sole Scrap Metals Manager with Nissan North American over the course of the next five years. The extended contract encompasses work at three U.S. plants including one in Mississippi and two in Tennessee. As the sole Scrap Metals Manager, FPT will considerably extend their services to support Nissan’s strategic plans for effectively managing its metal resources.
“We are excited to continue our partnership with Nissan North American,” states FPT Executive Vice President, A.G. Hering. “Our comprehensive processes and resources at FPT enable us to support Nissan’s strategies for the future in the most effective ways.”
To support Nissan’s metal resource strategy, FPT will mainly focus on the largest Nissan operation located in Smyrna, TN. FPT plans to implement their proprietary Clipress system and a customized scrap metal processing program to process excess metal from Nissan’s stamping procedures.
The extended five-year agreement with Nissan North American solidifies FPT’s position as an industry leader in the management of automotive scrap metal in America. Nissan shows significant projected production increases in the coming years including a new Lithium Battery Plant and assembly location for the popular electric vehicle, the Nissan Leaf, which will be supported by FPT’s scrap metal management programs.
About Ferrous Processing & Trading
Ferrous Processing & Trading is one of North America’s premier processors, sellers, and recyclers of scrap metals of all kinds. They are supported by the unique skills and experience of the management, commercial, and operations teams. Their ownership assures both financial strength and a deep commitment to the industry and their customers. FPT’s reputation is built on the core values of integrity, expertise, responsiveness, and creativity in the scrap metal recycling industry.
Ferrous Processing & Trading is a key supplier to the metals industry of North America. They are also a major scrap metals management company for the U.S. auto industry. From every stage of the metal recycling process from the assembly line to the used parts pile then through the scrap processing yard and into the furnace, FPT has the right answers for handling and marketing metal.
Ferrous Processing & Trading
3400 E. Lafayette
Detroit, MI 48207