OWEGO — Upstate Shredding, LLC, the largest, privately owned scrap dealer on the East Coast, and its sister business Ben Weitsman & Son, Inc., announced the purchase of a metal shredder for its scrap yard and port facility in Albany. The Owego–based business plans to have the $15 million shredder in operation by April 18, […]
OWEGO — Upstate Shredding, LLC, the largest, privately owned scrap dealer on the East Coast, and its sister business Ben Weitsman & Son, Inc., announced the purchase of a metal shredder for its scrap yard and port facility in Albany.
The Owego–based business plans to have the $15 million shredder in operation by April 18, Adam Weitsman, owner, said in a news release.
Upstate Shredding paid for the new shredder using its own assets, said Weitsman, who resides in Skaneateles.
“We’ve spent years building our metals recycling network in New York and Pennsylvania into a highly efficient system,” Weitsman said in the news release. “We have ambitious goals for our Albany yard, and this shredder is the next step in putting that plan of expansion into motion.”
Ben Weitsman of Albany, which opened in August, expects to spend “several million dollars” in the region over the next several years. It intends to create and develop a new recycling network of yards in the Capital Region and surrounding states to feed the new shredder.
The new shredding location, along with the company’s shredder in New Castle, Pa., will serve as the “launching pad” for the next phase of the company’s expansion, the firm said.
“We’ve examined the markets surrounding the Albany facility, and we plan to make several new acquisitions of scrap yards in the region to develop the network of yards to feed the Albany shredder,” Weitsman said.
The company’s shredder in New Castle, Pa. will be operational in the second quarter of 2014, he added.
Upstate Shredding selected the Wendt Corporation of Buffalo to provide the shredder and build the shredding plant at its Albany facility. The project will cost a total of $25 million, according to Upstate Shredding.
Upstate Shredding and Ben Weitsman operate 15 locations in New York and Pennsylvania.
The company expects to process 1 million tons of ferrous scrap and 200 million pounds of nonferrous scrap by 2014, according to its news release.
Upstate Shredding-Ben Weitsman generated more than $500 million in revenue in 2012.
Contact Reinhardt at ereinhardt@cnybj.com
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OWEGO — Upstate Shredding, LLC, the largest, privately owned scrap dealer on the East Coast, and its sister business Ben Weitsman & Son, Inc., announced the purchase of a metal shredder for its scrap yard and port facility in Albany.
The Owego–based business plans to have the $15 million shredder in operation by April 18, Adam Weitsman, owner, said in a news release.
Upstate Shredding paid for the new shredder using its own assets, said Weitsman, who resides in Skaneateles.
“We’ve spent years building our metals recycling network in New York and Pennsylvania into a highly efficient system,” Weitsman said in the news release. “We have ambitious goals for our Albany yard, and this shredder is the next step in putting that plan of expansion into motion.”
Ben Weitsman of Albany, which opened in August, expects to spend “several million dollars” in the region over the next several years. It intends to create and develop a new recycling network of yards in the Capital Region and surrounding states to feed the new shredder.
The new shredding location, along with the company’s shredder in New Castle, Pa., will serve as the “launching pad” for the next phase of the company’s expansion, the firm said.
“We’ve examined the markets surrounding the Albany facility, and we plan to make several new acquisitions of scrap yards in the region to develop the network of yards to feed the Albany shredder,” Weitsman said.
The company’s shredder in New Castle, Pa. will be operational in the second quarter of 2014, he added.
Upstate Shredding selected the Wendt Corporation of Buffalo to provide the shredder and build the shredding plant at its Albany facility. The project will cost a total of $25 million, according to Upstate Shredding.
Upstate Shredding and Ben Weitsman operate 15 locations in New York and Pennsylvania.
The company expects to process 1 million tons of ferrous scrap and 200 million pounds of nonferrous scrap by 2014, according to its news release.
Upstate Shredding-Ben Weitsman generated more than $500 million in revenue in 2012.
Contact Reinhardt at ereinhardt@cnybj.com
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OWEGO — Upstate Shredding, LLC, the largest, privately owned scrap dealer on the East Coast, and its sister business Ben Weitsman & Son, Inc., announced the purchase of a metal shredder for its scrap yard and port facility in Albany. The Owego–based business plans to have the $15 million shredder in operation by April 18, […]
OWEGO — Upstate Shredding, LLC, the largest, privately owned scrap dealer on the East Coast, and its sister business Ben Weitsman & Son, Inc., announced the purchase of a metal shredder for its scrap yard and port facility in Albany.
The Owego–based business plans to have the $15 million shredder in operation by April 18, Adam Weitsman, owner, said in a news release.
Upstate Shredding paid for the new shredder using its own assets, said Weitsman, who resides in Skaneateles.
“We’ve spent years building our metals recycling network in New York and Pennsylvania into a highly efficient system,” Weitsman said in the news release. “We have ambitious goals for our Albany yard, and this shredder is the next step in putting that plan of expansion into motion.”
Ben Weitsman of Albany, which opened in August, expects to spend “several million dollars” in the region over the next several years. It intends to create and develop a new recycling network of yards in the Capital Region and surrounding states to feed the new shredder.
The new shredding location, along with the company’s shredder in New Castle, Pa., will serve as the “launching pad” for the next phase of the company’s expansion, the firm said.
“We’ve examined the markets surrounding the Albany facility, and we plan to make several new acquisitions of scrap yards in the region to develop the network of yards to feed the Albany shredder,” Weitsman said.
The company’s shredder in New Castle, Pa. will be operational in the second quarter of 2014, he added.
Upstate Shredding selected the Wendt Corporation of Buffalo to provide the shredder and build the shredding plant at its Albany facility. The project will cost a total of $25 million, according to Upstate Shredding.
Upstate Shredding and Ben Weitsman operate 15 locations in New York and Pennsylvania.
The company expects to process 1 million tons of ferrous scrap and 200 million pounds of nonferrous scrap by 2014, according to its news release.
Upstate Shredding-Ben Weitsman generated more than $500 million in revenue in 2012.
OWEGO — Upstate Shredding, LLC, the largest, privately owned scrap dealer on the East Coast, and its sister business Ben Weitsman & Son, Inc., announced the purchase of a metal shredder for its scrap yard and port facility in Albany.
