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SCHNITZER STEEL ANNOUNCES APPPOINTMENTS

Schnitzer Steel Industries Inc., based in Portland, Ore., has announced the appointment of Don Hamaker to the newly created position of president of its metals recycling business. He has also been named as a vice president of Schnitzer Steel Industries.

Hamaker has lead responsibilities for all Schnitzer scrap metal recycling facilities, including Schnitzer’s existing 11 wholly owned West Coast yards and the various scrap recycling facilities Schnitzer took ownership and full control of after its separation from its joint ventures with Hugo Neu, including seven facilities in New England. He also assumes leadership of all future metals recycling business segment acquisitions as Schnitzer continues to grow

Hamaker has almost 20-years experience in scrap management positions at Hugo Neu Corp. (HNC), including serving as president of the company since 1999.

He is a graduate of Northwestern University and Georgetown University Law Center.

"I’m extremely pleased to have Don join Schnitzer’s management team," John D. Carter, Schnitzer’s president and CEO, says. "Don brings a depth of industry experience and strategic thinking that will be helpful to us as we not only manage our existing operations, but plan and implement the company’s growth focus."

Schnitzer also has announced that Pat Christopher, with 15 years of scrap metal operations experience, including as vice president of operations for Hugo Neu Corp., joins the company as vice president of Schnitzer Steel Industries. He is responsible for Schnitzer’s newly acquired East Coast metals recycling facilities.

Christopher is a graduate of SUNY Maritime Academy, Fort Schuyler.

"We are fortunate to have the operational capabilities of Pat available to us, which will be invaluable as we add the new east coast recycling facilities to our portfolio after the separation of our joint ventures with Hugo Neu. Pat’s experience and technical depth in our business is well known," Carter says.

Schnitzer Steel is one of the nation’s largest recyclers of ferrous metals, a leading self-service used auto parts retailer with 50 locations in the United States and Canada and a manufacturer of finished steel products. The company and its joint venture partners operate primarily along the U.S. West Coast and Northeastern seaboard.

November 2005
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