Date: May 25, 2010
Source: News Room
Boca Raton, FL-based Mountain Valley Recycling Corporation, which recycles plastic into reusable resins, plans to build a new plant in Frankfort, KY. The company also boasts of having won US Food and Drug Administration (FDA) approval of its resins for contact with food. Once operational, the plant will process 100 million pounds of resin annually and employ about 360 people with an annual payroll of about $11.4 million. The company's president Ron Whaley said that "on an annual basis, for each 50 million pounds of resin we process, we save 275,000 barrels of oil."
Mountain Valley Recycling Corporation: www.mvrecycling.com.
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