Scope Industries (SCPJ)
OTC PINK OTC PINK Primary Summary
SCPJ Chart
Scope Industries (SCPJ) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Scope Industries ever had a stock split?
Scope Industries Profile
| Industrial Conglomerates Industry | Industrials Sector | Meyer Luskin CEO | OTC PINK Exchange | 809163108 CUSIP |
| US Country | - Employees | 15 Nov 2024 Last Dividend | 6 Jan 1981 Last Split | - IPO Date |
Overview
Scope Industries, founded in 1938 and headquartered in Santa Monica, California, specializes in providing waste material recycling services across the United States. The company has established itself in the environmental sustainability sector by focusing on the recycling of bakery waste materials. These activities underline a commitment to reducing waste and supporting animal feed and human food industries through innovative recycling processes. In addition to its core business, Scope Industries has made strategic business moves, such as the divestiture of its wholly-owned subsidiary, Scope Beauty Enterprises, Inc., to B & H Education, Inc. in March 2004, indicating a focus on streamlining its operations and concentrating on its key competencies.
Products and Services
Scope Industries offers a range of eco-friendly products and services derived from bakery waste materials, catering to different segments of the agriculture and food production industry. The company's offerings include:
- Animal Food Supplements: By operating plants dedicated to the collection and processing of bakery waste, Scope Industries manufactures food supplements for animals. These high-nutrient supplements are targeted towards poultry farms, dairies, feed lots, and pet food manufacturers. The process not only provides a sustainable use of waste products but also contributes to the health and productivity of farm animals and pets by supplying them with safe, nutritious feed options.
- Edible Breadcrumbs for Human Consumption: One of Scope Industries' innovative recycling ventures is a plant located in Vernon, California, where certain bakery waste materials undergo processing and conversion into edible breadcrumbs. These breadcrumbs are then supplied to prepackaged and restaurant supply food processors. This initiative not only highlights Scope Industries' contribution to recycling but also to the food industry, where such breadcrumbs are used in various food preparations, enhancing the taste and texture of dishes while ensuring waste reduction.
