GESCRAP, a multinational metals recycling company headquartered in Spain, has announced plans to build a metals recycling facility in Union, South Carolina. The company says it plans to invest $6.3 million in the facility and will hire 21 people over the next five years.
On its website, the company, founded in 1994, says its goal is to be a leader in the complete and sustainable recovery of materials. Serving the global industrial market, GESCRAP operates facilities across Europe, Asia and the Americas.
Iñaki Velasco, CEO of GESCRAP, says, “This is an exciting project, and South Carolina has offered the perfect gateway to land our business model into the U.S. We are confident that this will be a success story from the very beginning, and we thank the South Carolina state government, all the upstate institutions involved and, in particular, Union County officials for their dedicated support and assistance in getting our operations up and running in a record time.”
South Carolina Secretary of Commerce Bobby Hitt says, “South Carolina’s robust recycling industry has an annual economic impact of more than $13 billion on our economy. Today, we celebrate the latest addition to that thriving sector. I offer my congratulations to GES Recycling and look forward to watching them succeed here for many years to come."
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