Gerdau Ameristeel purchases Fargo Iron and Metal Co.Gerdau Ameristeel, headquartered in Tampa, Fla., has announced that it has acquired Fargo Iron and Metal Co., Fargo, N.D. The company did not disclose the transaction terms. Fargo Iron and Metal has operated a scrap yard scrap yard n → depósito de chatarra; (for cars) → cementerio de coches scrap yard n → parc m à ferrailles; ( and processing facility for more than 100 years and employs 25 people. The company also operates a steel service center for local manufacturers and construction companies. "The Fargo Iron operations and experienced team will enhance Gerdau Ameristeel's continuing strategy to grow the company's scrap processing capability throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. ," Matt Yeatman, vice president of raw materials, says. "Fargo is a great fit because of its proximity to four existing North Dakota North Dakota, state in the N central United States. It is bordered by Minnesota, across the Red River of the North (E), South Dakota (S), Montana (W), and the Canadian provinces of Saskatchewan and Manitoba (N). scrap yards and our Midwest steel operations," he adds. Gerdau Ameristeel operates 17 scrap processing yards, including seven auto shredders, in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Canada. |
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