Complex sentence: In 2006, it bought the site of the former Verson Steel on Chicago's South Side, and in 2008 was purchased by a German company in 2008, and has since operated from that location.
Split into simpler sentences: In 2006, it bought the site of the former Verson Steel on Chicago's South Side. It was purchased by a German company in 2008, and has since operated from that location.