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 in 1978. The entrepreneurial founder purchased property on both sides of the shop and expanded to six buildings sitting on 15 acres. The company grew to 75 employees and operated more than 20 trucks. Prior to its purchase by FPT, H & H Metals processed over 5,000 tons of steel and 1.5 million pounds of non-ferrous each month.
With more than 20 years behind them, Metro Waste is a full-service trash hauling company, running seven trucks daily hauling rubbish.
Now with two companies, customers are given full service of their waste streams.
“We’ve lowered the freight costs from industrial accounts on metro Detroit’s west side,” noted Steve Kaplan, General
Manager, FPT Inkster and General Manager, Metro Waste Services. “The strategic additions to our portfolio also provide FPT with a significant increase in our peddler customer base.”
“We’re extending a warm welcome to the former Metro Waste and H&H employees who have joined the FPT team,” said Tyler Grech, FPT Commercial Group.