The Abrams Clean Tech Report

Green Parts International Brokers Scrap Metal Now…

Tuesday, July 25th, 2006

Green Parts International, Inc. has formed a new commodity division to broker scrap metal.

The new division will be headquartered in Atlanta. It will handle exports of scrap metal to China, India, Bangladesh, Africa, the Mid-East and Europe. A West Coast export division will take advantage of the cheaper China container freight rates from the Ports of Long Beach and Los Angeles.

Asif Balagam, President, stated “our new scrap metal division is a natural evolution from our auto salvage business which we continue to operate. As a scrap metal reseller, we negotiate the best prices for our clients from a growing syndicate of suppliers throughout the U.S. and the world.

“We believe that the new scrap metal division will complement our core auto salvage business which has grown in the last 6 months with year to date turn-over in excess of $1.2 million with record profits with per annum growth at 60 percent for the last three years combined.”

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