Corporate Profile

1906 founded
SCHN NASDAQ
ticker symbol
Portland, Oregon headquarters
sell to 27 countries
across
4 continents
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Fiscal Year 2019

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$2.1 billion revenue
>3,300 employees
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97 operating facilities 96 auto and metals recycling facilities including 6 shredding facilities1 steel manufacturing facility
Our Core Values

What We Do

Auto dismantling

Through our Pick-n-Pull brand, we operate an industry-leading chain of 51 self-service used auto parts stores providing recovered, affordable auto parts to retail and wholesale customers. These stores purchased over 385,000 end-of-life vehicles in Fiscal Year 2019. For over 30 years, Pick-n-Pull has offered quality auto parts for a wide variety of makes and models of domestic and foreign cars, vans, and light trucks. After vehicle parts are extracted for resale, remaining auto bodies are crushed and transported to Schnitzer’s metals recycling facilities, or to other metals recycling facilities within North America, to undergo shredding and sorting processes to recover the ferrous and non-ferrous metal content of the vehicles.

Metals recycling

As one of North America’s largest recyclers of scrap metal, Schnitzer’s metals recycling facilities acquire, process, and recycle ferrous and non-ferrous metal. Our strategically located facilities on both the east and west coasts of North America, Puerto Rico, and Hawaii enable efficient sourcing and delivery of recycled metals to mills and foundries around the world. Our direct access to rail, major highways, and deep-water export terminals creates a competitive advantage and allows us to transport our products in a cost-effective and energy-efficient manner. Strategic capital investments in facility infrastructure, equipment, and advanced metal recovery technologies deliver recycling solutions and provide high-quality, efficient scrap metal processing.

Steel manufacturing

Our steel manufacturing business, Cascade Steel Rolling Mills, Inc. (“Cascade Steel”) obtains its scrap metal feedstock from our own metals recycling businesses. At our state-of-the-art electric arc furnace steel mill, we melt and shape recycled metal into rebar, coiled rebar, wire rod, merchant bar, and other specialty products. Cascade Steel sells its products to customers primarily located in the western U.S. and Canada from its mill in McMinnville, Oregon, and a distribution center in City of Industry, California. Our mill has direct access to rail service and close proximity to major highways.