Schnitzer Steel (SCHN) announced yesterday that they have purchased 3 self service used auto parts businesses in Texas and Arkansas, bringing the total number to 38 for the company. 

“These three facilities complement our self-service franchise and are another important step in the growth of the Company’s Auto Parts Business,” stated Tom Klauer, President of the Auto Parts Business.

Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled ferrous metal … Read the rest