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.