Green Metals Building New Recycling Plant

Green Metals Canada Inc., a subsidiary of Toyota Tsusho Canada Inc., announces plans to build a $6.4 million metal recycling facility in Woodstock, Canada.

"This is a new business for us in Canada, but it is definitely something that’s needed," said Miriam Bugeja, a TTCI spokesperson. "It’s one of those processes that come from production. I would definitely say, for TTCI, it’s an exciting new venture."

The actual purpose of the new facility is to recover metal scrap from Woodstock’s new Toyota plant, as well as other regional companies, and sell the "waste" material to mills and foundries for re-use.

"(The new facility) is a little bit different than the parts suppliers but plays into the whole process," said Magyar said. "If you look down in Simcoe at the Toyotetsu stamping plant, there’s potential from them and other stamping companies that will be supplying the (Toyota) plant too."

Initially, the plant should employ about 10 people, although that number could increase slightly if the company grows in the coming years. The company is also seriously investigating the possibility of constructing additional Toyota-related facilities on the site. While the property itself was purchased from a private seller, the city’s economic development department had been "working" with TTCI since the fall of 2005.

"We are extremely pleased that TTCI and GMI have chosen Woodstock for its important investment," Mayor Michael Harding said. "This is great news. We are very pleased the new facility will be built in an existing industrial area on land that is already serviced and will make good use of (existing) infrastructure."

"Toyota Tsusho Canada and Green Metals Canada are very pleased to expand their operations on Canada by locating this new facility in Woodstock," said Tsutomu Suzuki, company president. "It has been a pleasure working with the City of Woodstock on this project. We are looking forward to working with the skilled workforce and the community of Woodstock to turn this plan into reality.

"Our good experience is giving us the confidence to look into further investments in this great community."