Metals Recycling News

Ferrous Processing Teams with Construction Resources Management Services to Service Ford's Woodhaven Plant

February 8, 2007, Detroit, Michigan – Two Detroit-based companies have formed a strategic alliance to embrace a new business opportunity. Ferrous Processing & Trading (FPT) has teamed up with Construction Resources Management Services (CRMS), a Walbridge Aldinger company, to provide comprehensive scrap metal management on-site at Ford Motor Company's Woodhaven Stamping Plant.

“Recently, Ford built a replacement scrap baling complex at its Woodhaven plant, then with the UAW’s agreement, invited competitive solicitations to oversee the new facility,” explains A.G. “Chip” Hering, FPT’s Executive Vice President. “FPT came together with CRMS in our first official joint effort to bid and win the contract. This opportunity will allow each company to grow its expertise.”

FPT and CRMS will provide the manpower, materials and management to operate and maintain the new scrap baling complex. By outsourcing the work, Ford Motor Company can continue to focus on its core business – manufacturing automobiles.

“FPT views facilities management as an excellent opportunity for growth. Our work at Ford’s Woodhaven Plant is the beginning of what we hope to be a large endeavor,” notes Hering.

Ferrous Processing & Trading is an affiliate of Soave Enterprises, L.L.C., www.soave.com. Soave Enterprises is a diversified management and investment company founded by Detroit businessman Anthony L. Soave that 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. Recently, Forbes Magazine ranked Soave Enterprises as the 192nd largest privately held company in the United States.