Image courtesy of Greenwave Technology Solutions Inc.
Greenwave Technology Solutions Inc., Chesapeake, Virginia, has secured the property formerly occupied by JBI Scrap Processors on East 55th Street in Cleveland to open a scrap metal recycling facility. Greenwave operates metal recycling facilities throughout Virginia and North Carolina.
RELATED: Greenwave operating metal processing facility in Chesapeake, Virginia
The company says it expects its Cleveland facility to generate significant revenues and positive cashflows from operations during fiscal year 2023. The property has access to the adjoining railroad to transport the scrap metal it processes, adding that hundreds of local businesses and individuals are accustomed to selling their metal scrap to facilities in the same vicinity on a regular basis.
Greenwave is currently training employees on its processes and procedures and on-boarding the facility to its cloud-based enterprise resource planning software, and expects to begin operations by February 28.
Latest from Recycling Today
- Neste chemical recycling plant is ready to scale up
- Indonesia’s nickel pig iron spigot reopens
- Ecore says study backs crumb rubber use on sports surfaces
- Fleetio launches AI capability to accelerate fleet maintenance approvals
- The Metals Agency receives approval for export credit insurance
- Recycle Ann Arbor extends drop-off station operating hours
- Sybilion seeks to help manufacturers confidently address volatility
- Rio Tinto, Prysmian partner on low-carbon aluminum solutions for data centers
