Padnos acquires three Midwest metal recyclers

Market: Metals
12/09/24

Metal recycler Padnos has acquired three businesses in Michigan and Indiana, the company said Wednesday.

The Holland, Michigan-based company purchased the Sam Winer and Company scrap yard in Elkhart, Indiana, Howe Auto Sales in Bay City, Michigan, and Grandpa's Garage in Traverse City, Michigan.

Grandpa's Garage is located next door to Padnos' Traverse City facility, allowing the company to expand that location.

Financial details of the transactions were not disclosed.

Padnos now operates 30 recycling facilities in Michigan and Indiana.

By James Marshall

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