Recycling Today

FPT forges auto connection.(Scrap Industry News)(Ferrous Processing and Trading)(Soave Enterprises to form Parts Galore a used auto parts retail outlet)(Brief Article)

Soave Enterprises, the Detroit-based holding company that is the parent of Ferrous Processing and Trading (FPT), has teamed with auto parts and dismantling veteran Bill Wild to form Parts Galore, a self-service, used auto parts retail outlet.

With an initial investment of $5 million, Parts Galore will open its first store in Detroit this spring. Soave Enterprises plans on opening additional Parts Galore outlets in Michigan and Ohio, with sites in Cleveland and Toledo already being scouted.

Parts Galore customers will be able to remove and purchase parts from an inventory of used automobiles at the 18-acre Parts Galore initial location on 8 Mile Rd. …

Log in to your account to read this article – and millions more.