United States – US scrap major Alter Trading has broken ground on an advanced technology processing plant (ATP) at Davenport, Iowa. The media-based separation system will have the capacity to process the volume of material produced by the company’s three non-ferrous recovery facilities.
Expected to be operational by the second half of October and to create 17 new jobs when running at capacity, the ATP plant represents ‘the next important step in our investment strategy, which is to expand our internal capacity and capabilities’, states Alter Trading.
‘Operating 55 facilities, that include 12 shredders, requires that we extract the highest value from all of the metals intrinsic to the commodities we process,’ observes Alter’s president and chief operating officer Jay Robinovitz. ‘This is especially important as we continue to expand our business.’
The ATP plant will provide the company with ‘the flexibility to adapt to changes in our consumers’ product needs, quality requirements and to react to the increasingly dynamic and challenging scrap metal environment’, Alter adds.