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Multimedia Available: Schnitzer Steel to Add Three Stores to Its Pick-N-Pull Auto Parts Business

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--(BUSINESS WIRE)--

Schnitzer Steel Industries, Inc. ("Schnitzer")(Nasdaq:SCHN) announced today that its wholly owned subsidiary, PNP Auto Parts Canada Co., signed definitive agreements to buy the assets and will lease the sites of three self service used auto parts stores in Calgary and Edmonton, Alberta, and Kelowna, British Columbia, from Sheppard Holdings Ltd. of Calgary, Alberta, Canada, or its affiliates. The three stores currently operate under the name of Pick Your Part.

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    SOURCE: Newstream and Schnitzer Steel Industries, Inc.

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