MassDevelopment Offers Support to Company’s C&D Expansion

MassDevelopment officials have announced a $5 million financing package for E.L. Harvey & Sons Inc., Westborough, Mass.

Founded in 1911, the family-owned waste management firm will use the tax-exempt bond proceeds to construct a 46,000-square-foot construction and demolition recycling facility. The new complex will process 275 tons of brick, concrete, steel, wood, asphalt, carpet, gypsum and household recyclables per day. The company anticipates a January 2007 opening, according to a news release from MassDevelopment.

“MassDevelopment is pleased to support E.L. Harvey’s expansion,” says Robert L. Culver, MassDevelopment president and CEO. “This project demonstrates that environmental preservation and economic development can go hand in hand. Not only will the new facility make marketable products from waste, it will also lift pressure on the Commonwealth’s already overtaxed landfills and create new job opportunities in an expanding industry.”

Building projects in Massachusetts generate nearly 5 million tons of C&D debris per year. The state incinerates 43 percent of this material, landfills 19 percent and recycles the remaining 39 percent.

Founded by Emory Larkin Harvey, E.L. Harvey is a waste hauling, transfer and scrap recycling operation. The firm currently employs 200 workers and plans to add 15 new jobs once the construction on the expansion is complete.

MassDevelopment is the state’s finance and development authority. It works with businesses, financial institutions and local officials to stimulate economic growth across the Commonwealth.