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Toyota Tsusho finalizes $1.34 billion Radius Recycling acquisition to boost circularec-紧固件展-弹簧展-线材展-2026第二十六届广州国际紧固件弹簧及线材展览会-巨浪展览-The 26th China(Guangzhou)International Fastener,Spring&Wire Exhibition
7/21/2025 紧固件展-弹簧展-线材展-fastener expo-wire expo-spring expo |
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Toyota Tsusho America, lnc. (TAl) has announced that it has oficially completed the $1.34 bilion acquisition ofRadius Recycling, a North American scrap recycler and steelmaker. The announcement marks a pivotal step inToyota Tsusho''s global strategy to advance a circular economy and support its carbon neutrality commitments.The deal, first announced in March, makes Radius Recycling a wholly-owned subsidiary of TAl.
strategic alignment with circular economy vision
The acquisition is part of Toyota Tsusho''s long-term strategy to support material recycling across the entireautomotive lifecycle, enhance carbon neutrality efforts, expand the group''s presence in the North Americanscrap and steel markets, and deliver added value to employees, customers, and communities. By integratingRadius Recycling''s vast processing network into its operations, TAl aims to streamline recycling across keymarkets while reinforcing sustainable raw material supply chains.
Radius Recycling operates a wide network of scrap metal collection and processing centers across the USCanada, and Puerto Rico, and also owns an electric arc furnace (EAF) steel mill in Oregon.
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