Metal recycling firm Schnitzer Steel Industries Inc. has relocated its headquarters within Portland, Ore.

The company moved to downtown Portland in the KOIN Center from the northwest part of the city, according to a news release. The move allows Schnitzer to increase productivity by operating from a single unified location rather than the two separate locations the company has been utilizing. It also provides Schnitzer employees better access to public transportation and nearby small businesses.

“We are pleased that Schnitzer Steel’s headquarters will remain in Portland,” said Tamara Lundgren, company president and CEO. “We appreciate our working relationship with the new administration of the city of Portland and the KOIN Center.”

Terms of the move were not disclosed.

Schnitzer is one of the largest manufacturers and exporters of recycled ferrous metal products in the United States with 58 operating facilities located in 14 states, Puerto Rico and western Canada.