Page 6 THE EVERETT ADVOCATE – FRiDAy, AugusT 4, 2023 Schnitzer Steel rebrands as Radius Recycling to reflect company’s vision, purpose and impact on circular economy O n July 26, Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) unveiled its new corporate name and identity, Radius Recycling, as part of a rebranding initiative to reflect the company’s vision, purpose and impact on the global economy. For more than a century, the company has developed robust networks to collect, pro$2.95 GALLON We accept: MasterCard * Visa * & Discover Price Subject to Change without notice 100 Gal. Min. 24 Hr. Service 781-286-2602 Dan - 1972 We Sell Cigars & Accessories! ALL MAJOR BRANDS Singles * Tins * Bundles * Boxes * Travel Humidors * Desk Top Humidors * Many Types of Lighters * Ash Trays * Juuls * Vapes * Glass Pipes * Rewards Program * CBD Infused Products * GIFTS UNDER $30 - GIFT CERTIFICATES Four-Year-Old Tobacco * 100% Long Filler * Cellophane $43.95 STORE HOURS: Mon. - Sat.: 9AM - 7PM Sunday & Holidays: 9AM - 6PM R.Y.O. TOBACCO & TUBES ON SALE! SPECIAL SALE! TRAVEL HUMIDORS & ALL BONGS! A.B.C. CIGAR 170 REVERE ST., REVERE (781) 289-4959 Chairman and CEO Tamara Lundgren with State Rep. Joe McGonagle, left, and Mayor Carlo DeMaria. Our work and our purpose have never been more relevant than they are today,” she continued. Through its integrated operating model, the company annually diverts millions of tons of materials from landfills, delivers recycled metals to domestic and international customers and produces some of the lowest carbon emissions finished steel products. In addition, the company’s 3PR™ Third Party Recycling services increase recycling rates and support the sustainability efforts of hundreds of domestic retailers and manufacturers. “Our new identity clearly affirms our vision for a sustainable future,” Lundgren remarked. “Radius Recycling is a name that represents our 3,500 employees, thousands of stakeholders, and a future in which recycled metals sit at the center of progress, seamlessly connecting all points within the circular economy.” “This is an exciting next step in our Company’s history, with an identity that reflects the essential services we provide to REBRANDS | SEE PAGE 7 cess and deliver recycled metals to customers around the world. As the global economy accelerates its shift toward low-carbon technologies, the demand for these metals has grown significantly. Electric vehicles and renewable energy systems – widely acknowledged as crucial components of a sustainable future – require more metals compared to the technologies they are replacing. As Radius Recycling, the company’s new identity will better align with its role as one of the largest metal recyclers, better reflect its position in the circular economy and further its commitment to advance the recovery, reuse and recycling of the essential metals required to support global carbon reduction. “While metals recycling and steel manufacturing have been the foundation of our global business for many decades, our Company’s reach Schnitzer Steel Industries, Inc. unveiled its new corporate name and identity, Radius Recycling, as part of a rebranding initiative on July 26. Shown are members and city and state officials during the official event. now extends far beyond what the name Schnitzer Steel implies,” explained Chairman and CEO Tamara Lundgren. “Our growth has been marked by expansion in both scope and scale, and we now operate in over 100 communities across North America. Our 51st Anniversary Chris 2023 Chairman and CEO Tamara Lundgren with Radius Recycling officials.
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