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Metal Recycling News May 02, 2022 04:08:03 AM

Metals Recycler Plans $300M Facility in Southeast Fort Wayne, IN

Waste Advantage
ScrapMonster Author
Exurban intends to invest $300 million to build a metal recycling facility on the parcel.

Metals Recycler Plans $300M Facility in Southeast Fort Wayne, IN

SEATTLE (Waste Advantage): A global metals recycler plans to buy land in a far southeast Fort Wayne park and create a $300 million facility. Fort Wayne’s Redevelopment Commission on Monday approved a $768,000 purchase agreement for the sale the 76-acre Adams Township Industrial Park property at Adams Center Road and Paulding Road.

Exurban intends to invest $300 million to build a metal recycling facility on the parcel. The city said the metal recycling company plans to create some 200 jobs with salaries of $50,000-$70,000. “They aren’t just jobs. In many cases, they’re actual careers,” Fort Wayne Mayor Tom Henry (D) said.

The company is able to break down things like computer boards and medical equipment to break down the various metals inside them. Something Mayor Henry said is usually done overseas. He and 6th District Councilwoman Sharon Tucker (D) both said Exurban’s investment is a big boost for southeast Fort Wayne. “I’m excited,” Tucker said. “It says a lot of things. It says that the work that we’ve been doing to bring up awareness for southeast is finally catching. Not just locally, but abroad.”

Courtesy: www.wasteadvantage.com

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