Novetas Solutions Moves Company Headquarters

Novetas Solutions, LLC, formerly New Age Solutions, has announced that it is moving its company headquarters and staff from Sewell, N.J., to the Philadelphia Naval Shipyards as of June 16, 2008. The company will add additional employees from the tri-state area and will occupy space in the Commandant’s Building on the Naval Shipyard campus.

As part of the move and its decision to become a Pennsylvania-based company, Novetas has also announced that this project is supported by the Commonwealth of Pennsylvania's Ben Franklin Technology Partners Group of Southeastern PA via its recent decision to invest seed funding of $300,000 into Novetas’ corporate growth objectives.

With operating plants in New Jersey and the Midwest, Novetas has generated over $1 million in revenue marketing its trademarked, branded, expendable abrasive, New Age Blast Media across the continental U.S.

The company manufactures and markets recycled glass blast abrasives that use 100 percent recycled glass, which directly benefits the environment by increasing valuable landfill space, the company says.

“We are very excited to have our headquarters for Novetas Solutions located in the City

of Philadelphia, as well as the Commonwealth of Pennsylvania,” says Paul J. Mellon Jr., president of Novetas Solutions LLC. “The Navy Shipyard and our partnership with Ben Franklin Technology Partners is a perfect opportunity for us to convey the real benefits of products like New Age Blast Media, which not only offer the prospect true recycling, but also directly benefit worker health, and promote a safer environment and enhanced product performance.”

He adds, “With the State of Pennsylvania’s strong initiatives aimed at increasing recycling efforts in the state and nation, we believe that the entrepreneurial energy and success of Novetas will be a true win–win scenario.”

“We are excited about the growth prospects for Novetas. New Age Blast Media is one of the few types of expendable blast media that offers a significantly reduced environmental and health and safety footprint, and we fully expect New Age Blast Media to become the material of choice for industrial and military uses,” says  Mark deGrandpre, director of investments for Ben Franklin Technology Partners of Southeastern Pennsylvania. “The company has pioneered a compelling, large volume, industrial use for co-mingled, colored glass waste that heretofore has largely found its way into landfills. This investment in Novetas reinforces our goal to foster a powerful cadre of “clean tech” companies in Southeastern Pennsylvania.”

Novetas Solutions has a relationship with the Pennsylvania Recycling Markets Center (RMC). The RMC is a non-profit organization charged with reducing barriers, pairing use of recycled materials with economic stimulus. Through relocation of Novetas’ headquarters to Pennsylvania, the RMC will investigate continued support of Novetas, in conjunction with the Ben Franklin Technology Partners. This includes potential exploration of new and emerging markets for consumption of recycled glass.