ProTrade Steel to Add Auto Shredding Yard

ProTrade Steel Co. Ltd., based in Hudson, Ohio, has announced that it has contracted to purchase property in Birmingham, Ala., on which to install an auto shredding facility.

The facility will be located on a 20-acre plot of land and is expected to employ 25. According to ProTrade, the shredder plant installation will be finished in the third quarter of 2006.

ProTrade Steel is a broker of ferrous metals with five regional brokerage offices in the United States. The company also operates an auto shredder in Ohio and three scrap processing facilities in West Virginia. The company also operates electronics recycling facilities in Florida under the name American Electronics Recycling.