S.I.C Recycling, a subsidiary of the John Deere distributor Sloan Implement Co., headquartered in Assumption, Ill., has announced plans to open a scrap metal recycling facility in Riverton, Ill. The company hopes to process more than 13 million pounds of copper and aluminum per year when it is fully operational. The company broke ground on the new facility Aug. 11.
The scrap metal facility will be the first for the equipment distributor. While the yard may capitalize on a few synergies with Sloan Implement, the decision to build a scrap metal facility was the opening of a scrap metal facility, Ecovery LLC, in Alabama, by the uncle of Sloan’s CEO.
The non-ferrous scrap metal recycling facility will cover around 15 acres in Riverton. Brady Bird, general manager of S.I.C. Recycling, says the facility will cover around 40,000 square feet, and should be operational by the first quarter of 2012. The company expects to hire between 12-15 people to run the new scrap yard.
