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Metal Recycling News November 28, 2017 03:30:16 PM

MetalX Breaks Ground on New Ohio Scrap Metal Plant

Paul Ploumis
ScrapMonster Author
Earlier in August this year, MetalX had announced its plans to invest in building a greenfield scrap processing plant in Delta, adjacent to North Star BlueScope’s flat-rolled steel mill.
MetalX Breaks Ground on New Ohio Scrap Metal Plant

SEATTLE (Scrap Monster): Waterloo, Indiana-based MetalX has marked the start of construction by officially breaking grounds on its new scrap metal processing facility in Delta, Ohio. It will take approximately one full year for the plant to become fully operational. However, sources indicate that operations at the plant will begin as early as next summer. The dignitaries who attended the ceremony included State Reps Derek Merrin and Rob McColley and Fulton County Commissioner Jeff Rupp.

The facility will be MetalX’s second Ohio operation, following the company’s recent acquisition of Delta-based M&K Metal Processors.

Earlier in August this year, MetalX had announced its plans to invest in building a greenfield scrap processing plant in Delta, adjacent to North Star BlueScope’s flat-rolled steel mill. It had announced a total investment of $35 million to construct the plant, which is estimated to have processing capability to handle more than 500,000 tonnes of materials per year, upon completion of the initial phase. During this phase, the plant will create employment to nearly 75 people. The final phase of the construction is expected to raise the total employment to around 100 and boost the production capacity to over 700,000 tonnes of materials per year.

The new scrap processing facility will deal with ferrous as well as non-ferrous scrap. It will accept scrap from industrial generators, wholesale suppliers and the general public and process them to be used as raw material for remelting purposes.

Reports indicate that MetalX has received several state and local incentives to support construction activities. The Regional Growth Partnership for Northwest Ohio (RGP) in partnership with JobsOhio has facilitated an Ohio Jobs Creation Tax Credit and a JobsOhio Grant. The company has also received a grant from Ohio Rail Development Commission and a local Jobs Creation Tax Credit from the village of Delta.

Speaking at the ceremony, MetalX President and CEO Danny Rifkin thanked all for the resounding support extended to the project. He pointed out that the company is pleased to have held the official groundbreaking ceremony on a date that marks the fifth anniversary of its opening.

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