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Noranda, Hewlett-Packard plan new recycling plant
TORONTO - Mining and metals group Noranda Inc. said yesterday it will expand its electronic hardware recycling business and open a new facility in Nashville, Tennessee, this summer in partnership with Hewlett-Packard Co.
The plant will be jointly managed by the HP Product Recycling Solutions group and Micro Metallics Corp, a wholly owned subsidiary of Noranda.
Capital investment in the project will be around $2 million and should create about 50 jobs.
"The expansion is a direct response to increasing volumes of end-of-life electronics," Toronto-based Noranda said in a statement.
Noranda and Hewlett-Packard already operate a large electronics recycling facility in Roseville, California, which processes around 30 million pounds of hardware annually.
The new operation will be located in a 140,000-square-foot facility in Nashvilles LaVergne suburb and is expected to be operational by July 1.
REUTERS NEWS SERVICE
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