PRES
SS RELEAS
SE
Pick‐n‐Pulll Contact: Terri Williams (916) 217‐9
9949 twilliam
[email protected] Schnitzer SSteel Contact: Colin Kelly (617) 212‐3106 ckelly@
@schn.com Pick‐n‐Pu
ull, a Schnitzer Steel Com
mpany, Prevviewed a New
w and Innovvative Self‐Seerve Used Au
uto Parts Reetail Store in
n Johnston, R
RI, to State a
and Local Po
olitical Lead
ders an
nd Received State and TTown Proclam
mations Decclaring the Official Gra
and Opening
g on Saturda
ay August 99th, 2014 as ““PICK‐n‐PULLL DAY” N, RI (August 6,, 2014) – Pick‐n
n‐Pull and Schn
nitzer Steel (Naasdaq: SCHN) p
previewed a neew innovative self‐ JOHNSTON
serve used
d auto parts rettail store at 30 Green Earth W
Way in Johnstoon, RI, on Wedn
nesday Augustt 6, 2014. Tam
mara Lundgren, President and CEO of Schnitzzer Steel, and TTom Klauer, Prresident of Pick‐n‐Pull, receivved Official e Island and the
e Town of Johnnston declaringg Saturday, Au
ugust 9, 2014, aas Proclamatiions from the SState of Rhode
“Pick‐n‐Pull Day” in celeb
bration of the sstore’s public G
Grand Openingg. State and lo
ocal political leaaders in attend
dance U.S. Senator Jacck Reed, Congrressman Jamess Langevin, Conngressman Davvid Cicilline and Mayor Josep
ph included U
Polisena allong with other local dignitarries. Pick‐n‐Pull brings a new aand innovative
e self‐serve use
ed auto parts rretail concept tto the State of Rhode Island. wn tools and piick, pull and pu
urchase their oown parts at su
ubstantially disscounted prices Customerss bring their ow
compared to dealer parts prices. The laarge selection o
of cars and truucks are organized in clearly m
marked rows aand nd engine hoissts for customeers to placed on secure stands for easy accesss to parts. There are free wh eel barrows an
ehicle inventoryy is available o
online at www.picknpull.com , or www.row552.com with pictures, VIN daata use. All ve
and alerts when cars com
me into the yarrd. There is an in‐store partss interchange ssystem to find aalternative veh
hicles me parts. All parts sales come with a 30‐day exchange, annd there is a frree Toolkit Loyyalty Program w
where for the sam
customers earn points fo
or discounts on
n future purchaases. “Schnitzer has been an in
nnovative metaals recycling co
ompany for moore than a centtury, providingg economic gro
owth, jobs and environmental sstewardship in
n the communities we serve,”” said Tamara Lundgren, President and CEO
O of Schnitzer. “We are proud to be expand
ding our footprint in Rhode Issland where w
we have had recycling operations for more th
han 40 years. Our new Pick‐n‐Pull facility w
will be an exce ptional additio
on to our portffolio with its brroad selection o
of automotive p
parts and bestt‐in‐class envirronmental proccessing.” “We are exxcited to be op
pening a new store in Johnsto
on, which is ouur second storee in Rhode Island and our fou
urth store in Ne
ew England,” said Tom Klauer, President off Pick‐n‐Pull. “O
Our innovative and easy to sh
hop self‐service retail concept provides a wide variety o
of used car and
d truck parts att deeply discou
unted prices. IIn addition, ou
ur Cash nted For Junk Caars program prrovides an envvironmentally rresponsible waay for local resiidents to recyccle their unwan
vehicles an
nd receive cash
h. As a membe
er of the comm
munity, we alsoo support local food banks th
hrough our Raccing To Stop Hunger program and have provide
ed 2.3 million m
meals to date. We are proud
d to add Johnston to our fam
mily of stores acro
oss the United States and Can
nada, and we look forward too seeing you at the Grand Op
pening.” Pick‐n‐Pull Grand Opening J o h n s t o n , R I | 2 Pick‐n‐Pull Public Grand Opening is Saturday August 9th from 8:00 am to 5:00 pm at 30 Green Earth Way in Johnston, RI. Meet Tom Klauer, President of Pick‐n‐Pull, and Johnston, RI, Mayor Joseph Polisena at the official ribbon cutting ceremony starting at 8:00 am. The first 100 customers will get a FREE Pick‐n‐Pull T‐shirt. All customers can enter to win a $500 gas card, no purchase necessary. New England Patriots’ cheerleaders will sign autographs starting at noon. Radio stations will broadcast live and giveaway prizes. About Pick‐n‐Pull ‐ Founded in 1987, Pick‐n‐Pull is one of the largest used auto parts retailers and recyclers of end of life vehicles in North America, recycling over 350,000 vehicles a year and serving more than 5 million customers. With 62 self‐service stores in the US and Western Canada, Pick‐n‐Pull offers the best selection of used vehicle parts for cars, vans and light trucks at low prices. Pick‐n‐Pull is a subsidiary of Schnitzer Steel Industries, Inc., a global leader in the metals recycling industry that has been in business for over a century. About Schnitzer Steel Industries, Inc. ‐ Schnitzer Steel Industries, Inc. is one of the largest manufacturers and exporters of recycled ferrous metal products in North America with operating facilities located in 14 states, Puerto Rico and Western Canada. The business has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company's integrated operating platform also includes its auto parts and steel manufacturing businesses. The Company's auto parts business sells used auto parts through its self‐
service facilities located in 16 states and Western Canada. With an effective annual production capacity of approximately 800,000 tons, the Company's steel manufacturing business produces finished steel products, including rebar, wire rod and other specialty products. The Company commenced its 108th year of operations in 2014.