Texas joint venture uniting Proler, Newell

Sep 20, 2012 | 01:37 PM | Lisa Gordon

Tags  auto shredder, Proler-Newell Recycling, John Newell, Christoper Proler, scrap, Lisa Gordon

PITTSBURGH — Proler Steel International and Newell Joint Venture Investments LP are teaming up to open a scrapyard in eastern Texas.

The Proler and Newell names are iconic in Texas recycling. Proler International Corp. was a powerhouse that was sold to Schnitzer Steel Industries Inc. in late 1996. The Proler family is recognized for developing and the Newell family for mass-producing the automobile shredder.

Proler Steel International chief executive officer Christopher Proler and Newell Joint Venture Investments chief executive officer John Newell have formed Proler-Newell Recycling LP to open a 30-acre facility in east Texas. The two expect site development to be under way in the fourth quarter and operations to start in early 2013. ....

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