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Metal Recycling News April 06, 2023 02:10:19 PM

Greenwave Officially Opens Cleveland Scrap Metal Facility

Paul Ploumis
ScrapMonster Author
The new scrap metal recycling facility is located on a ten-acre site on Cleveland's east side in the Evergreen neighborhood.

Greenwave Officially Opens Cleveland Scrap Metal Facility

SEATTLE (Scrap Monster): Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (NASDAQ: GWAV), a leading operator of metal recycling facilities in Virginia and North Carolina, is pleased to share that it has officially opened its Cleveland, Ohio facility.

Greenwave Technology Solutions, Inc. secured the property formerly occupied by JBI Scrap Processors on East 55th Street in Cleveland in February 2023. The project, which the Company believes will be amongst Greenwave's top performing locations, will create fifteen to twenty jobs in the area and offer a unique opportunity to repurpose the materials from an industrial sector creating a more sustainable and eco-friendlier environment.

Greenwave and its executives are committed to improving the quality of life in their yard hometowns by creating jobs, investing in green technology, and providing an environmentally friendly solution for customers looking for more sustainable options.

The new scrap metal recycling facility is located on a ten-acre site on Cleveland's east side in the Evergreen neighborhood. Greenwave's technology allows for the recycling of materials that would otherwise be discarded in landfills or incinerated. These materials can then be transformed into new products, helping to reduce waste while allowing productive use of materials.

The property has access to the adjoining railroad to transport the scrap metal it processes and hundreds of local businesses and individuals are accustomed to selling their metal scrap to facilities in the same vicinity on a regular basis.

The facility's employees will specialize in the safe recycling of ferrous and non-ferrous metals. Greenwave is also planning on implementing an awareness program to educate local residents about the importance of recycling and sustainability.

 Courtesy: www.finance.yahoo.com


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