About Us
- 1948
- 1951
- 1961
- 1978
- 1985
- 1995
- 2008
- 2009
- 2012
- 2018
- 2019
- 2021
- 2026
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1948
1948With only a pick-up truck, Texas-native Myer “Mike” Silverstein began to collect and sell scrap metal. While cruising through Webster City on the hunt for metal, he saw his opportunity. He bought some land and set-up shop, Webster City Iron & Metal Co.
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1951
1951Through the years, Mike acquires additional property. In 1951, he relocates the business to what is now Scrap Processors, Inc. (SPI), at 505 Seneca Street in Webster City, Iowa.
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1961
1961Mike’s sons, Ben and Kenny, join the team. Together they expand the company to include not just scrap yards, but auto parts and convenience stores, too — all located in Central Iowa.
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1985
1985In the wake of both Mike and Kenny’s retirements, Ben shifts SPI’s focus back to scrap-metal processing and recycling.
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2008
2008Left: The Silverstein family spans four generations.
Right: Mike and grandson David at the Des Moines location
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2009
2009Ben retires and his son, David, begins expanding SPI’s services with modern and eco-friendly options, such as demanufacturing and recycling cars and appliances.
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2012
2012After just three years, David grows the business to include a third location devoted to recycling appliances.
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2018
2018Ninety percent of our staff has been with us for 10 years plus.
Top photo: Des Moines staff
Bottom photo: Webster City staff -
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2026
2026Together, with the loyal, hardworking SPI staff, David continues to explore new, innovative and sustainable ways to serve the communities that have supported SPI for over 70 years.
Come visit us at our new and improved facility at 608 SE 30th Street in Des Moines. (Just West of the fairgrounds)
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We’re happy to answer all of your scrap processing and appliance recycling questions.


