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Article Excerpt
More than 20 years of expansive downtown growth in St. Joseph, Mo., eventually engulfed the 100 year-old scrap metal site operated by American Compressed Steel and other industrial properties. The city found itself with an island of industrial operations between its business district and the Missouri River.
The growth surrounded the scrap metal recycling business, a machine shop, a tool and die company, an electronics firm and other industrial companies--all within a few blocks of newer hotels, restaurants, office buildings and retail shops.
"When we bought the site in 1983 it was a dirt bowl near downtown St. Joseph," says Jeff Ross, executive vice president and one of the owners of American Compressed Steel. Today the location, still using the trade name Missouri Iron and Metal, recycles tens of thousands of tons of scrap metal each year.
The business has easy access to the Interstate 229 business loop for customers and the railroad for outbound shipments of scrap metal. Most of the company's customers are industrial, with a mix of farmers and some...
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