Business View Magazine | October 2019

64 BUSINESS VIEW MAGAZINE OCTOBER 2019 improve. He ended up staying for 57 years. “In 1975, my father sold the wastepaper business, which was the largest portion of the business at that time. So, from that time on, we devoted our attention to scrap metal – at that time, primarily non-ferrous metals. As we evolved, we now handle considerable quantities of ferrous, as well as non- ferrous metals.” Nachlis: “Let me fill in some of the gaps, going back to 1914, when the company was founded. As Joe said, his grandfather didn’t know English; he went to school at night and he operated in a very small, garage-type location. Back in 1936, during the Depression, he was fortunate enough to have built the business to the point where he was able to invest in a larger piece of property, which, because of the Depression, was available. He bought a four-story, brick building of about 160,000 square feet. And that was a huge investment and a huge bet on the success of his company. Of course, Joe’s father had decided to join him in that endeavor, and from the very start, he