TJN Enterprises, a joint venture between Shine Bros. Corp., Spencer, Iowa, and Sioux City Compressed Steel, Sioux City, Iowa, has broken ground on its newest scrap metal recycling facility, a 20-acre site in Sioux Falls, S.D.
The company presently has a small scrap metal yard in the city but is looking to build a second scrap metal facility because of the growth in population and increased business in the area.
TJN says its original 5-acre site in Sioux Falls has been hampered by itsrelative small size. The new facility will give the company about five times more space for handling ferrous and nonferrous scrap.
TJN presently operates scrap yards in Sioux Falls, Watertown, Aberdeen and Yankton, S.D.; Worthington, Minn.; and Estherville, Iowa.
David Bernstein, a spokesman for TJN, says construction at the new facility, which is expected to be completed by the third quarter of next year, will include an 80,000-square-foot building for nonferrous processing, a two-story office building and outdoor space where storage and processing will take place. The company says it expects to invest from $10 million to $15 million on the project.
TJN plans to add a shear and baling equipment at te site, which also will offer car flattening services.
The company will take in scrap metal from industrial and retail sources.
Bernstein says the new location also has direct rail access.
When fully operational, the company says it expects to employ about 60 people at the site.
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