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Germany-Based MAIREC Invests $4.6 Million To Open Facility In Spartanburg, South Carolina

07/22/2015
MAIREC, a Germany-based metals recycler, will invest $4.6 million to establish operations in Spartanburg, South Carolina. The company plans to create 35 new jobs over the next five years.

To house its new South Carolina operations, MAIREC is leasing a 50,800-square-foot building at 230 Old Converse Road in Spartanburg. Situated less than four miles from Interstate 85, the facility will allow the company to meet increasing demand in both the North American and global markets and service its well-established client base in North America.

Headquartered in Alzenau, Germany, MAIREC specializes in the recovery of high-valued rare metals from recycled goods which contain them. This is a first overseas operation for MAIREC, which already boasts a diverse customer base across a number of industries, including telecommunications, chemical, electronics, petrochemical, pharmaceuticals, porcelain, solar, surface technology and automotive.

“This is a one-of-a-kind opportunity for MAIREC, and we are very proud to be working so closely with the state, the county and all the stakeholders to make it happen. Being present in North America and servicing this market is a major milestone for our company, and we are glad to be able to bring our technology and know-how and combine it with the business-friendly and open environment of South Carolina. We fell in love with the state and its people as soon as we set out to find a location for the plant,” said MAIREC President Mikhail Khaimov.

“Congratulations to MAIREC for deciding to establish operations in South Carolina, joining a roster of more than 500 recycling companies that call our state home. This announcement is a big win for both our recycling industry and the local Spartanburg community, and I look forward to watching MAIREC thrive there for many years to come,” Secretary of Commerce Bobby Hitt said.

“Spartanburg is thrilled to welcome MAIREC to our community and the life they will breathe into an existing building. MAIREC’s advanced recycling technology serves the needs of their clients and will also benefit our existing industry. This project represents great collaboration amongst our local public and private sector businesses and I thank the Economic Futures Group, County Council, and the South Carolina Department of Commerce for their leadership,” said David Britt, Chairman of the Economic Recruitment and Development Committee of Spartanburg County and member of the Economic Futures Group Board.

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