NEW YORK TJN Enterprises Inc. has broken ground on a 20-acre scrap metal recycling facility in Sioux Falls, S.D., to accommodate increasing demand in the area.
The companys current scrap processing plant is only four acres, and needs to be larger to accommodate the growth Sioux Falls has made in the past 20 years, project manager David Bernstein told AMM. "We need to have this much larger second site to be able to serve the area more appropriately."
The facility, which will cost between $10 million and $15 million, will employ up to 60 people to separate, process and ship ferrous and nonferrous metals in the Midwest, the company said. It is scheduled to be completed in fall 2014.
Sioux Falls-based TJN is a joint venture between Spencer, Iowa-based Shine Bros. Corp., Sioux City-based State Steel Supply Co. and Sioux City Compressed Steel Co.
The three companies are operationally separate, but market and sell metals jointly, said Bernstein, who in addition to being project manager is also co-owner of State Steel.
TJN is considering using its current scrap facility as a feeder yard once the larger one is completed, Bernstein said.