Alter Trading Corporation and Toyota Tsusho America recently celebrated the grand opening of the new Altech Recycling Plant in North Little Rock. Altech Recycling is a heavy metal separation plant designed to produce a high quality aluminum product to supplement demand at TAI production facilities and other business partners in North America.
Alter Trading Corporation President Jack Grundfest lead a panel of speakers that included Governor Asa Hutchinson and North Little Rock Mayor Terry Hartwick, before taking participants on a guided tour of the plant. Pulaski County Judge Barry Hyde, Alter Trading CEO Jay Robinovitz, and Toyota Tsusho America Senior VP/ Chief Marketing Officer Arthur Harrison were also in attendance.
“Having two well established industries coming together, in a joint venture, to produce a product that is sustainable and eco-friendly is significant,” Pulaski County Judge Barry Hyde said in a post to social media. “The Altech facility and what it represents is important to those looking for a place to call home, start a business, and raise a family. I look forward to continuing to expand economic and employment opportunities in Pulaski County and I am optimistic that through our collaborative efforts we can continue to grow our economy in a sustainable and meaningful manner.”
The grand opening of the Altech Recycling plant is the culmination of a partnership between Alter Trading Corp. and TAI to produce clean aluminum for new Toyota vehicle parts. The plant processes Zorba, a mixed nonferrous metal product, to produce a clean aluminum product known as Twitch and secondary products referred to as Heavies and Zeppelin. Altech Recycling can produce up to an estimated 175 million pounds of Twitch per year for use in Toyota vehicle parts.