PORTLAND, Ore. – Schnitzer Steel has entered into a definitive agreement to acquire substantially all of the assets of Ferrill’s Auto Parts Inc. of Seattle, Wash. Ferrill’s does business as Pull A Part. The company’s three self-service facilities will become part of the Schnitzer’s Auto Parts Business and will operate under the “Pick-n-Pull” brand.

“This transaction continues the expansion of our Auto Parts Business into a new market and establishes a platform for continued growth in the greater Seattle and Western Washington region,” said Tamara Lundgren, CEO of Schnitzer Steel Industries. “Our Auto Parts Business has been growing steadily, and this acquisition is a great strategic fit for our company.”

“Pick-n-Pull‘s entry into the Seattle region demonstrates our continued commitment to expand into attractive markets and to increase our capacity and retail operations in both new and existing markets,” added Tom Klauer, resident of Schnitzer Steel’s Auto Parts Business. “We are excited to welcome the management team and employees, and we look forward to continuing to serve all of the customers in the region.”

Schnitzer Steel’s auto parts business sells used auto parts through its 46 self-service facilities located in 14 states and in Western Canada. The company’s integrated operating platform includes the auto parts business as well as the metals recycling and steel manufacturing businesses.