W. Silver Recycling plans for processing expansion in New Mexico

W. Silver Recycling plans for processing expansion in New Mexico
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W. Silver Recycling, El Paso, Texas, has announced plans to build a 120,000-square-foot processing facility in Santa Teresa, New Mexico. W. Silver Recycling is a fourth-generation family business that operates 11 locations across the Southwest and in Mexico.

According to a news release from New Mexico’s Economic Development Department, the Texas-based recycler plans to establish a distribution and processing hub in Santa Teresa for nonferrous metals. W. Silver is set to begin construction on the facility on 60 acres. It will house a recycling processing plant that’s expected to be operational by the end of the year and add about 50 jobs to the community.

The company plans to use the Santa Teresa location as a hub for its nonferrous materials business, including aluminum, copper and brass. According to the Economic Development Department, W. Silver Recycling likes the Santa Teresa location because of the community’s business incentives as well as transportation advantages. The city has a direct port of entry to Mexico. 

“The location offers us a great logistics advantage,” says Lane Gaddy, CEO of W. Silver Recycling. “The border crossing, the overweight cargo zone and the rail and truck connections all make for an opportunity we are very excited about.

“[Our] Santa Teresa location moved a few years ago from 10 to 60 acres where we have been doing ferrous processing and distribution,” Gaddy adds. “We are now dropping a 160,000-square-foot operating pad, 120,000 of which will be an enclosed building on the Santa Teresa 60-acre site. This consolidates a lot of our nonferrous processing in Santa Teresa.”

Additionally, the state’s Economic Development Department pledged $200,000 to W. Silver Recycling from the state’s Local Economic Development Act closing fund for the jobs at the site. W. Silver is investing about $7 million into this project.

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Source: Recycling Today
W. Silver Recycling plans for processing expansion in New Mexico
<![CDATA[W. Silver Recycling, El Paso, Texas, has announced plans to build a 120,000-square-foot processing facility in Santa Teresa, New Mexico. W. Silver Recycling is a fourth-generation family business that operates 11 locations across the Southwest and in Mexico.According to a news release from New Mexico’s Economic Development Department, the Texas-based recycler plans to establish a distribution and processing hub in Santa Teresa for nonferrous metals. W. Silver is set to begin construction on the facility on 60 acres. It will house a recycling processing plant that’s expected to be operational by the end of the year and add about 50 jobs to the community.The company plans to use the Santa Teresa location as a hub for its nonferrous materials business, including aluminum, copper and brass. According to the Economic Development Department, W. Silver Recycling likes the Santa Teresa location because of the community’s business incentives as well as transportation advantages. The city has a direct port of entry to Mexico. “The location offers us a great logistics advantage,” says Lane Gaddy, CEO of W. Silver Recycling. “The border crossing, the overweight cargo zone and the rail and truck connections all make for an opportunity we are very excited about.“[Our] Santa Teresa…