Atlantic Coast Recycling launches advanced recycling facility in Passaic, New Jersey

TAGS

Atlantic Coast Recycling has officially opened its new recycling processing facility in Passaic, New Jersey, marking a significant step in the enhancement of recycling capabilities in the region. This state-of-the-art plant, supported by a $47 million capital investment led by B. Riley Financial, Inc. (Nasdaq: RILY) along with other strategic investors, represents one of the most sophisticated recycling operations in the United States.

The 125,000 square foot facility is equipped with cutting-edge technology for both dual and single-stream processing of residential and commercial recyclables. With the capacity to process over 50 tons of materials per hour, the plant sets a new standard in the recycling industry. It focuses on the efficient production of high-quality finished products like paper, plastic, and metal, which are supplied to both domestic and international manufacturers and mills.

See also  Thoma Bravo to acquire insurtech company Majesco for $594m

This enhanced processing capability not only bolsters the production quality but also saves municipalities time and resources by streamlining the recycling process. The facility is designed with environmental safety in mind, featuring an enclosed structure to ensure that all recyclables are stored securely and safely.

Located in Passaic, this facility serves a critical role in recycling for northern New Jersey, handling the recyclables from over 60 municipalities across Bergen, Essex, Hudson, and Passaic counties. This coverage impacts approximately one million residents, reinforcing Atlantic Coast Recycling’s position as a leader in residential recyclables processing in the area. The company also extends its services to commercial entities throughout the Tri-State metro region.

See also  Tata Consultancy Services to add 1,000 new jobs to expand New Jersey ops

The grand opening on April 19, 2024, was celebrated with a ribbon-cutting ceremony attended by representatives from the New Jersey Department of Environmental Protection (NJDEP), NJ Senate, and the City of Passaic, highlighting the collaborative effort and community support behind this project.

The establishment of the Atlantic Coast Recycling facility in Passaic is a landmark development for sustainable practices in New Jersey. By integrating advanced technological systems, the facility not only enhances the efficiency of recycling processes but also supports the state’s environmental objectives. The strategic location and the significant investment into this facility reflect a strong commitment to environmental stewardship and community service, promising a positive impact on local recycling efforts and a model for future developments in the industry.

See also  FERC approves Williams’ Northeast Supply Enhancement project

This initiative by Atlantic Coast Recycling not only emphasizes the growing importance of advanced recycling solutions but also sets a benchmark for future developments within the industry, particularly in urban settings where efficient waste management is crucial.

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (0)
Disqus ( )