Britain-Based Exurban Plans Fort Wayne, Indiana, Smelter Refinery
Located on 77 acres, the new facility will enable the company to stop shipping waste to other countries, while deploying new proven technology to set new standards in recycling e-waste. Construction is set to begin in 2023.
“Our investment in Fort Wayne, Indiana, is a major milestone for Exurban and makes an important contribution to meeting the environmental challenge of e-waste," said Stefan Boel, chairman of Exurban. "This is just the start of a journey. Working with key supply partnerships from leading recycling companies, we share the vision to expand around the world in this fast-growing market."
The new zero waste smelter refinery will set new standards in environmental performance, with the capability to retrieve valuable metals including copper, gold and silver from e-waste, or discarded electronic appliances such as mobile phones, computers and televisions.
“Like-minded, forward-thinking partners like Exurban are exactly the kind of companies we want to attract to Indiana,” said Secretary of Commerce Brad Chambers. “It became clear after meeting with Exurban that their mission of repurposing waste is directly in line with the state’s 5E focus, in particular Indiana’s commitment around the Energy Transition.”
The Indiana Economic Development Corporation committed an investment in Exurban of up to $2.5 million in the form of incentive-based tax credits and up to $200,000 in conditional training grants. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and trained. The city of Fort Wayne and Northeast Indiana Works support this project.
Headquartered in the United Kingdom, Exurban offers a circular solution to the environmental damage and value destruction currently generated by e-waste, harnessing innovation to retrieve and recycle valuable non-ferrous metals.
2022 Top States for Doing Business Provide an Environment for Business Growth
Three Big Challenges Facing the Food & Beverage Industry
Location Factors in the EV Industry — “Mission Critical” or “Nice to Have”?
2022 Auto/Aero Site Guide
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Food Processors’ Optimal Location Decision
Innovation Corridors Update
Fixing the Supply Chain with AI and Robotics