LKQ enters shredding arena with Fla. buy

Mar 01, 2013 | 05:22 PM | Lisa Gordon

Tags  auto shredder, LKQ Corp. U-Pull-It, Cimco, Lisa Gordon, scrap, ferrous scrap

PITTSBURGH — Automobile recycler and national dismantling chain LKQ Corp. Inc. has purchased an auto shredder in Florida that was commissioned a year ago, marking its first entry into the auto shredding business.

The Chicago-based company purchased the salvage yard and adjacent shredder plant assets of U-Pull-It in Davie, Fla., for an undisclosed sum. The company disclosed the December acquisition—one of 30 acquisitions the company made in 2012—in a Feb. 28 call to discuss earnings.....

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