Pittsburgh-based AMG Resources Corp. has acquired the business of Wheeling, W.Va.-based Strauss Industries Inc. Strauss operates facilities in Weirton, Benwood, and Wheeling, W.Va., plus another in West Alexander, Pa., through its subsidiaries Automatic Recycling Inc., Herman Strauss Inc., and Strauss Automotive.
Strauss’ collective operations include a proprietary nuggetizer that produces steel for steelmaking coolant, aluminum deox, and other specialty metal grades; an auto shredding facility (the largest in West Virginia according to AMG); a barge-loading facility on the Ohio River from which materials are shipped; shearing, baling, and torching operations; and a self-service recycled auto parts retail business.
“Strauss’ existing businesses will be a great complement to AMG Resources given our focus on producing high-quality, known-chemistry scrap products and our strong existing presence in the Ohio Valley market,” AMG President Eric Goldstein says. “Strauss’ barge-loading capabilities will also provide greater opportunities for AMG Resources to supply customers via the [Ohio River] and will supplement our sizeable private railcar fleet.”
AMG and its affiliates run commercial offices and/or processing facilities in Arizona, California, Illinois, Indiana, Maryland, New Jersey, North Carolina, Ohio, Pennsylvania, Virginia, and West Virginia. The company has overseas operations in Llanelli, Wales. In addition to being one of the nation’s largest recycled metal processors and marketers, AMG is a leading seller of prime and secondary steel domestically and internationally, and its International Steel & Counterweights LLC affiliate is said to be the largest U.S. manufacturer of steel counterweights.