Alter Trading Corp., a St. Louis-based scrap processing company, has partnered with Toyota Tsusho America Inc. (TAI), forming Altech Recycling LLC, which will build a metals separation plant in North Little Rock.
The metals separation plant will convert mixed-metal shredded scrap – called zorba – into clean aluminum products or secondary products, known as heavies, according to an Alter news release. The plant will supply metals product for TAI production facilities, as well as other Alter partners.
“We are proud to be joining forces with one of the world’s global business leaders on this project,” Alter President and CEO Jay Robinovitz said in a statement. “The combined talents and strengths of the two entities will provide a quality long-term solution to suppliers, consumers and business partners.”
Twenty-five new jobs are expected to be created as part of the new project.
The Altech Recycling plant will be located on Central Airport Road in North Little Rock. The new plant is projected to begin operating in the second quarter of 2021.
In 2018, Alter purchased the assets of Tenebaum Recycling Group, a Little Rock-based company that operated 10 facilities, including nine in Arkansas and one in Reeds Springs, Mo. Two of the Tenebaum facilities included shredders in North Little Rock and Rogers.