Auto recyclers hope to make profit; effects on market uncertain
Exerpt from Eve Tahmincioglu, msnbc.com contributor
Jim Biggs, yard supervisor at B&F Towing Co. in New Castle, Del., is getting ready to destroy a 1997 green Nissan Pathfinder SUV that looks in pretty good shape except for some wear and tear.
“They’re nicer than what we’re used to crushing,” said Biggs. He climbed into a front-end loader and drove over to the Pathfinder to take it on its final journey to a giant compactor known as a “car crusher.”
The government’s hugely popular “Cash for Clunkers” program is keeping B&F and other scrap yards across the country busy crushing roadworthy vehicles and sending them on for shredding.
Death of a car… Tracing the junking of a ‘clunker’ video
[youtube=http://www.youtube.com/watch?v=mzF-EuKCRtA&hl=en&fs=1&]