Secondary aluminum producer receives local support in Indiana
Recyclingtoday - The Richmond, Indiana, Common Council has reportedly approved three tax abatement measures designed to smooth the way for a scrap-fed aluminum billet production facility in that east-central Indiana city.
An online news item by the Richmond Palladium-Item says the abatements were unanimously approved concerning the billet making facility proposed by Element 13 LLC. The same news item quotes Mike Rasmussen, co-owner of Pendleton, Indiana-based Newco Metals Inc., as a spokesperson for Element 13.
The Element 13 facility will reportedly consist of a 50,000-to-60,000-square-foot plant on a 15-acre site that will melt scrap to make billets. Some 30 people will reportedly staff the plant, with the billets heading into the extrusion market.