Standard Auto Wreckers is gearing up for the grand opening of
its third operation, a 20-acre facility it acquired after
purchasing Union Auto Parts in Ottawa, Ontario, in March.
"Right now we are
having a soft opening and expect to be fully operational in a
month or so," Standard president David Gold, told AMM.
The terms of the sale were not disclosed.
The Toronto-based auto
recycler has been working to clean up and organize the
facility, and it is in the process of installing a 70-foot
truck scale and a decommissioning system to remove fluids from
Gold was not actively
looking to expand the companys footprint but said the
deal was too good to pass up. "The bottom line was the business
was for sale. We were definitely not looking to go to Ottawa,
but the opportunity to buy a location of that size in Canada
was intriguing and doesnt come along that often," he
said. "This is a solid opportunity. Business is stable at other
locations and it is affording us a chance to grow. So far it is
exceeding our expectations."
Standard Auto Wreckers
processes about 20,000 cars per year in Toronto and also has an
indoor facility in Niagara Falls, N.Y. After draining vehicles
and selling off parts, the bodies are crushed or baled and sold