Wieland Officially Launches Recycling Center in Kentucky
· *Wieland announces an investment of $100 million for the establishment of its recycling and refining center in North America*
· *The site will leverage the latest and most efficient technology to enable the recycling of a broad range of metals and alloys*
· *The recycling center will be located in Shelbyville, KY, and employ approx. 75 people*
· *The investment furthers Wieland's commitment to empowering its customers with sustainable, carbon neutral products and solutions.*
*ULM, GERMANY and LOUISVILLE, KY / ACCESSWIRE / May 27, 2021 / *"Wieland is excited to announce our latest recycling endeavor in North America. Many thanks to the state of Kentucky and Shelby County for their tremendous display of support.The given incentives solidified our decision to proceed with this foundational investment, which will pave the way for further growth in recycling here. We look forward to working alongside our current and future suppliers to find new ways to create value together," said Matt Bedingfield, President of Recycling, Wieland North America and SVP of Global Metal Procurement.
With this endeavor, Wieland takes a major step underlining its commitment to sustainability and carbon neutrality, acknowledging the strong demand for high-recycled content metal from both its customers and end consumers. Wieland's customers can continue to count on Wieland to deliver the highest quality products and solutions with the best service and delivery performance.
"Earlier this year, we welcomed Wieland North America's new headquarters to the commonwealth, and today I am proud to welcome the company's first manufacturing facility to our state," Gov. Beshear said. "Wieland's rapidly expanding presence in Kentucky exemplifies the type of economic growth and quality job creation we're working every day to attract for our residents. Team Kentucky is building a better future for everyone in our state, and companies like Wieland will be a vital part of that effort."
Shelby County Judge/Executive Dan Ison said Wieland will play an important part in the community's continued growth.
"As Shelby County Judge/Executive, I am excited to announce a major industry is joining our Shelby County team," Judge/Executive Ison said. "Industry plays a major role in the quality of life we are known for. Wieland North America is a business leader who will lead by example as they grow their business."
The new site will leverage the infinite recyclability of copper and serve as both a hub for closed-loop recycling, as well as a refining center of third-party scrap utilizing state of the art equipment and technology.
Operations at Wieland's recycling center in Shelbyville, KY are expected to commence in late 2022.
Picture material
The recycling and refining center will leverage the latest and most efficient technology to enable the recycling of a broad range of metals and alloys
*About Wieland*
Wieland is one of the world's leading suppliers of semi-finished copper and copper alloy products. With a global network of production sites, service, and trading companies, the company offers a broad product, technology, and service portfolio. From prototype to series production, Wieland develops solutions for automotive, electronics, refrigeration, air conditioning, and other industries. Wieland uses high-performance copper materials to drive the success of its B2B customers in future-oriented fields such as electromobility, connectivity, and urbanization. High technical competence, customer-oriented thinking, and sustainability determine their actions and have been the basis of the company's success since 1820.
Wieland in brief
*Headquarter*
Graf-Arco-Straße 36 | 89079 Ulm | Germany
*Facts*
*1820 in Ulm, Germany | Sales: appr. 650 kt | Turnover: appr. 4 bn. € | Locations: 76 | Employees appr. 8000 [FY19/20 figures of the Wieland Group]
*Executive Board*
Dr. Erwin Mayr, CEO | Gregor Tschernjavski, CFO
*Chairman of the Supervisory Board*
Fritz-Jürgen Heckmann
For further information, please contact
*Wieland Group*
Christina Kleinhenz | Manager, Employee Communications and Engagement, Wieland North America
4803 Olympia Park Plaza, Suite 3000 | Louisville, KY 40241 | USA
P +1 502 873 3061 | christina.kleinhenz@wieland.com
wieland.com
*SOURCE: *Wieland North America
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