Madera Fuels Establishes Vicksburg, Mississippi, Processing Center
The new location, which includes 300,000 square feet of warehousing space, will aggregate, sort/separate, blend and recycle various commercial waste products to produce a consistent thermal feedstock. Madera Fuels will shred and bale the blended feedstock materials to sell to third-party buyers.
“I have developed projects in many states, as well as overseas. Our experience in Mississippi as Madera Fuels developed our investment has been exemplary. Mississippi has an efficient, dedicated team of economic professionals who have consistently assisted Madera Fuels in a variety of important matters. The Mississippi Development Authority and the Vicksburg, Warren County Economic Development Partnership, together with state and city leadership, have successfully implemented a business-friendly environment in Mississippi. Madera’s positive experience in the state demonstrates the commitment of these officials which will attract additional private investment to Mississippi,” Madera Fuels President and CEO Paul Morgan noted.
The company expects to receive approximately 50,000 tons annually of various non-hazardous, industrial waste products, or materials that would otherwise be sent to landfills. The processed and sorted feedstock materials will be converted primarily to base fuel stock and other recyclable materials.
The Mississippi Development Authority (MDA) is providing assistance for infrastructure improvements. MDA also has certified Madera Fuels for the Advantage Jobs Rebate Program, which is available for eligible businesses that create new jobs exceeding the average annual wage of the state or county in which the company locates or expands. Entergy also is assisting with the project.
“Mississippi has welcomed a number of economic development wins to the state so far this year, and the announcement that Madera Fuels is creating 30 new jobs by opening recycling operations in Vicksburg continues that upward trend. The MDA team and our partners at the Warren County Port Commission and Entergy have been hard at work securing this successful project for our state, and their dedication to to building a stronger economy through community and economic development once again pays off for the people of Mississippi,” said MDA Interim Executive Director Laura Hipp.
Madera Fuels can process a variety of plastic waste that is difficult to recycle and often not accepted in local municipal landfills. The company’s business-to-business solution diverts a considerable amount of materials from landfills, saves natural resources, and stimulates the economy through job creation.
“We are excited about working with Madera Fuels as their business grows in Vicksburg. Entergy, along with our local economic development partners, strive to provide a pro-business environment in which our customer can succeed and grow for the benefit of the entire region,” said Ed Gardner, Director of Business and Economic Development, Entergy Mississippi.
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