Owner,
Stephen Feinstein is the third generation in his family
to trade in the metals industry. His Grandfather came
to this country in 1917 and started a small local scrap
yard in Houston, Texas. After World War II, his father
Julius, a decorated veteran of the war, came back to
start his own business trading in government surplus
that was created after the war.
Later this
small business of buying “surplus” evolved into
Universal Metals and Machinery. A publicly traded
company that had offices in Venezuela, Japan, Georgia,
Midland, Texas and Houston, Texas.
After
graduating the University of Texas In 1983, Stephen
joined his father’s business to fine tune a trade that
he had grown up around his entire life. For the past 10
years Stephen has been on his own trading in surplus,
excess prime and secondary material. For Stephen metal
is not secondary it is second nature.
