OMNISOURCE, LLC
FORT WAYNE, IN

AT OMNISOURCE, WE'VE GOT YOU COVERED OmniSource Corporation is one of North America's largest processors and distributors of scrap and secondary metals. We collect, process, resell, and trade a wide variety of ferrous and nonferrous scrap. Our more than 70 U.S. scrap collection and processing facilities, including 11 operating shredders, provide the capacity to process 7 million tons of ferrous scrap annually, and more than a billion pounds of nonferrous metals. Company Overview Founded in Fort Wayne, Indiana, more than 65 years ago, OmniSource Corporation has grown to become one of North America's largest processors and distributors of scrap and secondary metals. We collect, process, and resell a wide variety of scrap metal. The company in 2010 shipped 5.2 million gross tons of recycled steel and 961 million pounds of nonferrous scrap. Our primary collection and processing facilities are in the Midwest, the Southeast, and the mid-Atlantic regions of the United States. But our reach stretches across North America, utilizing a wide-ranging fleet of trucks and containers, railcars, and barges to collect and haul metals. We expect to continue to expand OmniSource's footprint, deploying our processing assets to cover new geographical territories, opening new feeder yards, and making targeted acquisitions. Supplementing our company-operated scrap collection sites, we also acquire metals from industrial scrap generators with which we have established strategic partnerships. We have designed and installed customized metals-recycling programs, some of which we manage and operate, for manufacturing companies nationwide. Our national brokerage and trading operations serve both metals buyers and sellers, providing the market intelligence and insights needed to optimize transaction value. OmniSource was acquired in 2007 by Steel Dynamics, Inc., and operates independently as a wholly owned subsidiary. OmniSource believes that a positive approach towards conserving and enhancing natural resources is consistent with its core values, and is fundamental to the scrap and secondary metals industry. OmniSource Corporation is committed to operating its business in an environmentally responsible manner that protects human health, natural resources, and the environment. We go beyond compliance with the law to integrate sound environmental practices into our daily decisions and activities. We have in the past met our environmental commitments, and will continue to pursue a course of responsible environmental stewardship, complying with all federal, state, and local environmental laws and regulations. In an effort to ensure that all inbound scrap metals are handled responsibly, OmniSource has developed and implemented several best-management practices. Some examples include comprehensive refrigerant-recovery programs, unique handling and storage facilities for oily scrap-metal turnings and borings, a state-of-the-art enclosure for capturing and controlling emissions from torch-cutting operations, extensive mercury-switch removal programs, and cutting-edge treatment facilities for storm-water management. OmniSource is constantly working to improve its environmental programs, which is yet another component to being OmniSource was born during the pursuit of a dream—the American Dream, which has attracted so many to these shores with promises of freedom, opportunity, and prosperity. Escaping the chaos of revolution and civil war, Irving Rifkin, still just a teenager, emigrated from Russia to America in 1920. He came alone, virtually penniless. He didn't speak English, but he quickly learned enough to work and provide for himself and later, a growing family. After two decades in New York, Rifkin and his family struck out for western Ohio, where, after a year, he started his own business dealing in all sorts of scrap materials: metals, paper, glass, and rags. He even used his stake-bed truck to offer roadside emergency service. As his business grew, Irving took on a partner, his brother-in-law Irving Walters. In 1943, when the war effort made recycling a national priority, Rifkin and Walters bought their first scrap yard on Clinton Street in Fort Wayne, Indiana. They called their new venture Superior Iron & Metal. Competition was fierce, but the business prospered. Fort Wayne was home to several companies that supplied the military, and those companies generated a great many scrap materials. Rifkin and Walters later invested in scrap-processing equipment to further their endeavors. Rifkin's son Leonard joined the company in 1956. With Leonard's expertise and his ability to create strategic relationships with customers and banks alike, the company weathered some tough times in the early 1960s. Late in the 1960s, the company ventured into the trash-removal business, including establishing a revolutionary recycling facility to sort items that could be reclaimed. The company sold its trash-removal and recycling interests in 1973 to focus on expanding its scrap business. Expansion meant acquisition. Beginning in the mid-'70s, the company began to expand significantly by buying a large number of scrap-processing facilities and increasing its presence across the Midwest. In the '70s and '80s, Leonard Rifkin's three sons—Danny, Rick, and Marty—joined the company. In 1983 the company was officially renamed OmniSource, and by 1990 OmniSource had become a national force in the metals-recycling industry. That was also the year that the company pioneered a new concept, scrap management, with Chrysler Corporation as its initial client. Scrap management in which OmniSource manages all aspects of collecting, handling, and buying the scrap generated by a manufacturer, has since become a widely applied concept in the scrap industry. In addition to its aggressive approach to growth through acquisitions, OmniSource in recent years has also pioneered new technologies in the recovery of valuable metals from recycled scrap materials. In 1995, OmniSource founded Recovery Technologies, a heavy-media processing facility in Fort Wayne. In 1998, OmniSource established Superior Aluminum Alloys, a secondary-aluminum-smelting company in New Haven, Indiana.