Alter Trading Corp. Purchases Scrap Yard From Gerdau

摘要

Alter Trading Corp., headquartered in St. Louis, Missouri,has purchased the assets of Gerdau’s St. Paul Barge ChannelRoad recycling facility in Minnesota. The acquired facility isnext to a current Alter location and will allow Alter Logisticsto complete the expansion of its St. Paul Terminal’s fertilizerbusiness. Alter said it will hire all the current Gerdauteam members. Founded in 1898, Alter is a privately owned,fifth-generation company and is ISO 9001 and 14001 certified.The company employs 1,350 people and operates 70metal recycling facilities and seven trading offices in eightstates and a representative sales office in Hong Kong.