PITTSBURGH An Atlanta-based scrap brokerage firm that represents one overseas customer has purchased property and plans to enter the scrap metals recycling and auto shredding arenas.
TriMX Biz International LLC has purchased a 29.32-acre property in Macon, Ga., that includes nearly 300,000 square feet of warehouse space. The site will be called TriMX Recycling.
"Up until now, we have been going to scrapyards near Miami and Houston and buying (their) No. 1 heavy melting scrap and plate and structural scrap. We realized we are not going to make any money unless we go directly to the scrap source ourselves," export manager Jason Ewing said.
The new yard, which is expected to hire 20 workers and open in three months, will procure its material from demolition projects and the general public. All of its ferrous material will be exported, while nonferrous material will be sold to other recyclers in the area.
TriMX was formed two years ago by executives in Bangladesh who wanted to establish a formal trading office in the United States.
"We like the location because Macon feels like home to us. It is perfect because it is a straight shot to the Savannah port," Ewing said.
A water treatment plant on the site is being demolished to make room for processing equipment, including a truck scale, a shearer and an auto shredder. The company has received its zoning and planning certificate and is in the process of getting its business license.
In the long term, TriMX plans to export scrap out of the Port of Savannah and use the return trip to import general goods from Bangladesh, Ewing said.