Ben Weitsman to invest US$ 4 million at Jamestown

United States – The Ben Weitsman facility in Jamestown, New York, USA, is to benefit from US$ 4 million worth of upgrades as it becomes fully integrated into the operations of Upstate Shredding-Ben Weitsman.

The Ben Weitsman facility in Jamestown, New York, USA, is to benefit from US$ 4 million worth of upgrades as it becomes fully integrated into the operations of Upstate Shredding-Ben Weitsman. Upstate Shredding purchased the Jamestown business in July last year. Founded in 1912, the former Weinstein scrap metal business is one of the oldest scrap dealers in Chautauqua County and western New York. Former owner Paul Weinstein, Rick Kress and David Weinstein will continue to occupy management positions at the new Ben Weitsman facility.

The US$ 4 million of planned improvements include complete environmental remediation of the facility, paving the entire scrap yard and the installation of storm-water treatment systems to protect the surrounding environment. Environmental safeguards will be implemented, and a new fence will be erected to enclose and secure the property. Existing buildings will be demolished and new, energy-efficient replacements will be constructed. Additionally, Upstate is planning for brand new equipment and a capital infusion that will allow retail and industrial customers to be paid in cash the same day.

Upstate Shredding has set a goal of US$ 1 billion in annual debt-free sales. The company is the US East Coast’s largest privately-held scrap metal processor and recycling centre, annually processing more than 700 000 tonnes of iron and approximately 100 million pounds of non-ferrous scrap. Upstate’s metal shredding and separation operation handles all types of ferrous and non-ferrous scrap metals.