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Beantown Magazine
Discover Greater Boston and the Businesses That Drive It
Everett

Schnitzer Northeast

About

Schnitzer Northeast is the Everett operation of Schnitzer Steel Industries, Inc., which describes itself as one of the nation’s largest recyclers of scrap metal. Beyond scrap metal recycling, the parent company is a leading provider of used and recycled auto parts and a manufacturer of finished steel products. The Everett location is listed with the Everett Chamber of Commerce, where it represents this national company in the local business community.

The business traces its start to 1906, when it was founded as a one-man scrap metal operation, and it has since grown into a company with an extensive national and global reach. Corporate headquarters are in Portland, Oregon. The company is split into three vertically integrated business units: the Metals Recycling Business, the Auto Parts Business and the Steel Manufacturing Business.

What to Know

  • The company reported $1.9 billion in revenues in fiscal 2009.
  • It ranked No. 863 on the 2010 Fortune 1000 list of companies.
  • Its common stock has traded on the NASDAQ Stock Market under the symbol SCHN.

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