PITTSBURGH An Iowa towns decision to redevelop its central corridor is providing a windfall for a local recycler, who will move to a much larger property less than a mile away.
Marion Iron Co. will start construction next month at its future 18.5-acre home, which it hopes to have running by December, co-owner Jim Brown told AMM.
The Marion, Iowa, metal recycler and processor is essentially swapping its 6.5-acre site for the new location and will invest only in physical assets. It was presented with the offer because the city needs its current location to construct a roundabout to connect two major roads.
Investments include two 15,000-square-foot office buildings, one for its ferrous and nonferrous scrap business and the other for its finished steel business.
I have been dreaming about this since I was 23 years old, said Brown, who runs the company with his brother. The Brown family is the second owner of Marion Iron, which was founded in 1911.
The company is finishing its design plan, which will allow for a much smoother flow of traffic. This will be the best place around to drop a load because there will be a lot of turning space. Trucks will be able to pull right off the road and onto an 80-foot truck scale, he said. The larger space will allow Marions own trucks, which service more than 180 roll-off containers, to navigate in and out of the yard more easily.
The company shears, bales and burns material, which it sells to consumers. It also provides feedstock to a local shredder.