Plans have been announced for the construction of a $7 million scrap metal processing plant that will go up in Santa Teresa, New Mexico.
The facility will belong to W. Silver Recycling, Incorporated, which has been processing everything from aluminum, brass, copper, and even electric motors, among many other items, for the last century.
With locations in Albuquerque, as well as the Texas cities of Amarillo and McAllen, W. Silver Recycling hopes to build a 120,000 square foot facility in Santa Teresa that will also include an adjacent 40,000 square-foot outdoor operating pad.
Because the company will be hiring at least 50 people for the new plant, it has secured a $200,000 grant from the New Mexico Economic Development Department to build the facility.
Four years ago, W. Silver Recycling purchased the long-time El Paso Iron & Metal company. In 2018, it opened another processing plant and shipping yard inside the Santa Teresa Gateway Rail Park.
With a high public profile, the company for years ran ads in the El Paso Times noting such things as: “U.S. consumers discard enough aluminum every 3 months to rebuild the nation’s entire commercial air fleet.”
By Garry Boulard
Get stories like these right to your inbox.