Anthony Soave saw something special in Ferrous Processing & Trading (FPT) nearly two decades ago, and over the years, the company has transformed to fully live up to its true capability. In the late 1990s, Anthony Soave saw potential in the scrap metal industry and chose to make a big investment. He purchased the scrap metal recycling company, adding it to his already diverse array of businesses at Soave Enterprises.
Anthony Soave recognized the growing need for companies who offer a full range of environmentally friendly metals recovery and processing, and FPT filled that need. To foster success, Soave ensured that Ferrous Processing & Trading was able to implement the latest scrap metal recycling technology and equipment. Their advanced equipment includes a mega-shredder that is capable of recovering over 150 tons of recycled metals per hour. In addition to progressive facility equipment, FPT also offers a dedicated team of dispatchers who ensure prompt customer service 24 hours a day and provides clients with roll-off containers, hoppers, and trucking equipment to specifically meet their needs.
A Rising Success
Soave Enterprises proudly acknowledges that Ferrous Processing & Trading is currently the fifth-largest scrap metal recycling company in the United States, with operations in Michigan, Ohio, Florida, Tennessee, and Ontario, Canada. For Soave, Ferrous Processing & Trading has proven to be a valuable investment. It is now one of the most profitable businesses in Soave Enterprises thanks to the increasing value and demand for scrap metals such as copper and steel.
Currently, Ferrous Processing & Trading is led by Yale Levin and the leadership team includes Howard Sherman,Tony Benacquisto, Steve Benacquisto, Andrew Luntz, Joanie Streicher, Rob Bakotich, Bill Wild and Roger Bushnell.
Advanced Scrap Metal Recycling Services
Ferrous Processing & Trading is one of North America’s premier processors, sellers, and recyclers of scrap metals of all kinds. FPT’s reputation is built on the core values of integrity, expertise, responsiveness, and creativity in the scrap metal recycling industry. They are supported by the unique skills and experience of the management, commercial, and operations teams. Their ownership assures both financial strength and a deep commitment to the industry and their customers.
Soave Enterprises is a key supplier to the metals industry of North America. FPT is also a major scrap metals management company for the U.S. auto industry. From every stage of the metal recycling process from the assembly line to the used parts pile then through the scrap processing yard and into the furnace, FPT has the right answers for handling and marketing metal.
About Soave Enterprises
Soave Enterprises is a diversified management and investment company founded by Detroit businessman Anthony Soave. Soave Enterprises provides strategic planning, financial and other management resources to its affiliated business ventures in the real estate, automotive retailing, beer distribution, scrap metal, industrial services and transportation industries, among others. For more information on Tony Soave and Soave Enterprises, please visit http://www.soave.com.
3400 E Lafayette
Detroit, MI 48207