A subsidiary of New Jersey-based Covanta Holding Corp. (NYSE: CVA) will Wednesday cut the ribbon on its new material processing facility in Indianapolis. Covanta Environmental Services says the facility, located on a formerly vacant industrial property, will create 30 jobs.
The company says the facility will allow Covanta to expand and grow its services in central Indiana. It will provide sustainable waste management services, such as landfill avoidance, liquid and solid waste recycling and treatment, product destruction and de-packaging, and railcair and tote cleaning. It will also house a fleet of vehicles that provide offsite industrial cleaning services.
Financial details of Covanta’s investment in the new facility were not disclosed. The company also operates an energy-from-waste facility not far from the new plant.
Covanta President and Chief Executive Officer Stephen Jones will join officials from the Indiana Department of Environmental Management for the ribbon cutting ceremony, which is scheduled for 12:30 p.m.