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October 2007

OmniSource to invest $9 million to upgrade Toledo, Ohio shredding plant

OmniSource Corporation plans to invest approximately $9 million to replace its existing shredding operation at its Detroit Avenue scrap processing and metal shredding facility in Toledo, Ohio.

Utilizing the latest state-of-the-art technology to increase the recovery of recyclable metals, the facility will produce a high-quality shredded steel product used as feed stock for regional steel producers. The new shredder will position OmniSource to remain regionally competitive and retain approximately 50 union and salaried positions within the city of Toledo.