SEATTLE (Recycling Monster): Greenwave Technology Solutions, Inc. announced plans to expand its portfolio of metal recycling facilities.
The company announced plans to open its 12th metal recycling facility in Fairmont, NC during the current month. Also, the company’s 13th metal recycling facility is expected to open doors in December 2022 at Richmond, VA. Furthermore, its second automotive shredder facility is on track to commence operations before the end of this year. It must be noted that the company currently operates 11 metal recycling facilities spread across Virginia and North Carolina.
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In addition, the company announced expansion into the sports facility market with the opening of Greenwave Elite Sports Facility in Portsmouth, VA. It has also decided to repurpose its technology platform to launch a new online car buying program, which in turn will boost its buying power in the automobile market.
Danny Meeks, Chief Executive Officer of Greenwave stated that the company is strongly positioned for future growth with its 12th and 13th facilities as well as second shredder coming online soon. Greenwave has the strongest ever balance sheet in the company’s history, Meeks added.
