Scrap Metal Services LLC (SMS) has purchased two auto scrap yard firms in Indiana and Michigan for an undisclosed amount.
Burnham, Ill.-based SMS said in a news release that it acquired Paul’s Auto Yard Inc. and Shafer’s Auto Yard Inc. With the acquisition of the Westville, Ind.-based Paul’s and the Coloma, Mich.-based Shafer’s, SMS created a new division, SMS Paul’s Auto Yard LLC.
The purchases gives eight self-service auto parts yards with retail sales,
where customers can select and remove auto parts from the selection of used cars
and trucks at each location. These yards also purchase ferrous and nonferrous scrap for recycling and allow SMS to expand its Midwest region’s geographic reach further into northern Indiana and southern Michigan, to better service its suppliers and customers.
“This is a new retail service business for SMS, which allows our company to further diversify and strategically expand its recycling operations in the Midwest,” said Jeffry Gertler, SMS CEO.
There is the Coloma facility, and the rest are in Indiana: South Bend, Gary, Westville, Lake Station, Elkhart and Demotte.
SMS now operates 20 scrap processing, steel mill support services, ship breaking and oil rig dismantlement intermodal/truck/railcar dismantling facilities and auto parts sales in the United States, and two scrap processing facilities in Mexico.