Scrap metal facility to add shredder
Equipment will be able to process 80 tons an hour
Scrap metal processor Ben Weitsman of Albany will invest $10 million to add a 3,000-horsepower shredder and supporting equipment, the company announced Thursday.
The shredder will be the company’s third. The others are located in Owego and in New Castle, Pa.
While Adam Weitsman, CEO of Upstate Shredding-weitsman Recycling, said the Albany shredder isn’t the company’s largest, it’s a newer generation that is quieter and more environmentally friendly.
The investment comes as the recyclables market is softening in the wake of cutbacks by China. Weitsman said that just 10 percent of the company’s scrap metal is headed overseas. He also said that while the market has “weakened somewhat,” it’s also cyclical.
The Albany facility, which employs 50, is the fourth busiest of Weitsman’s 17 yards, all in New York or Pennsylvania.
Previously, Weitsman hauled scrap metal from Albany to the Owego shredder by truck. “This will cut down on truck traffic in the port,” he said.
While the new shredder is smaller than the 10,000 horsepower Owego shredder, it nevertheless can shred up to 80 tons of scrap material in an hour, the company says.
Weitsman said the Port of Albany, where the company is a tenant, offers flexible transport options. “We can go by rail, truck, barge domestically or deep-water export,” he said.
The shredder, being built by San Antonio-based Riverside Engineering, will be in operation by January, Weitsman said.