Recycling Inc. is seeking funds to install an auto shredder at
its Eugene, Ore., facility.
The Oregon Business Development
Commission will hold a public hearing Dec. 6 on a proposal to
have the state treasurer issue as much as $9 million in bonds
for installation of the shredder and related equipment, as well
as for improvements at the yard.
The metal recycler, owned by Rod
Schultz, would repay the bonds, but the terms were not
disclosed in the hearing notice issued by the commission. The
company could not be reached for comment.
If built, the shredder would become the third in the