Anthony Soave recognized an opportunity and need within the scrap metal recycling industry which drove his decision to purchase Ferrous Processing & Trading (FPT), a scrap metal recycling company. FPT specializes in the processes necessary to recycle ferrous and non-ferrous scrap so it can be used again within industrial and manufacturing applications throughout the United States. In fact, scrap metal recycling is an essential component of the U.S. manufacturing industry, and Soave Enterprises has helped FPT become a leader within the U.S. market. Currently, FPT is the fifth largest metal recycling company in the United States.
How Can We Do More?
The Institute for Scrap Recycling reports that over 60% of the iron and steel made in the United States comes from recycled materials, but urges individuals and companies to commit to an even higher standard. This is because recycling metals helps save time, energy, and money, in addition to preserving natural resources.
In addition to providing a new business opportunity, Anthony Soave recognized that the scrap metal recycling industry provided Soave Enterprises with a new way to help the environment. Scrap metal recycling helps preserve natural resources of metal ore. For every ton of steel that is recycled, 2,500 pounds of iron ore are preserved in the earth for future use. In addition to the ore conservation, 1,400 pounds of coal and over 120 pounds of limestone are also preserved. This means future generations will still have natural resources to depend on and put to use as necessary. Recycling also preserves energy -recycling efforts by companies like FPT in the United States help to preserve the equivalent of enough energy to power 18 million households each year.
Soave Enterprises wants people to know that everyone can play a part in increasing the scrap metal recycling efforts in the United States. If individuals and companies commit to greener efforts, perhaps the recycling statistics will rise from 60% to nearer 80% or 90%.
Soave Enterprises encourages their employees and clients to look for ways to recycle in their home and at work. Soave Enterprises and FPT encourage commercial and industrial clients to examine their waste management process to find ways to maximize their scrap metal recycling efforts and in turn take advantage of the benefits.
Ferrous Processing & Trading is a key supplier to the metals industry of North America. They are 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.
Soave Enterprises is a diversified management and investment company founded by Detroit businessman Anthony 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. For more information on Tony Soave and Soave Enterprises, please visit http://www.soave.com.
3400 E Lafayette
Detroit, MI 48207