For more than 100 years, Fargo Iron and Metal has served the steel industry as a scrap yard and processing facility. The facility also provides a steel service center for local manufacturers and construction companies. Fargo has one location and employs approximately 25 people.
"The Fargo Iron operations and experienced team will enhance Gerdau Ameristeel's continuing strategy to grow the company's scrap processing capability throughout North America," said Matt Yeatman, vice president of Raw Materials. "Fargo is a great fit because of its proximity to the four existing North Dakota scrap yards and our midwest steel operations."
Gerdau Ameristeel operates 17 scrap processing facilities, including seven auto shredders in the U.S. and Canada.
