AMG Resources Corp. and Alliance Steel Service Co. have formed a new joint venture – AMG Alliance LLC. The newly formed company will operate a full service scrap metal facility in St. Paul, Minn.
The new facility is located along the Mississippi River next to AMG’s existing St. Paul facility. It is equipped to ship material via truck, rail or barge.
The AMG Alliance facility will be able to process both industrial and obsolete ferrous and nonferrous scrap. Suppliers will include manufacturers, demolition contractors and other suppliers. It is expected the facility will be open by the time barging is possible on the Mississippi River.
"This enables AMG to take full advance of our riverfront location by combining our first-rate commercial and transportation capabilities with Alliance’s tremendous experience and reputation in the Twin Cities area," said Eric Goldstein, AMG’s VP.
AMG currently operates facilities in both Minneapolis and St. Paul. Alliance operates an industrial scrap facility in Minneapolis, as well as an auto shredding facility in Duluth, Minn. Alliance also is a partner with Re-Alliance on a scrap yard in Minneapolis.
"We are thrilled with the opportunity to secure our own port and to be able to have a partner with such a great reputation in the industry," said Michael Zweigbaum president of Alliance Steel.
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