Xcel Energy reaches agreement to bring Northern Metals Recycling to Becker, Minnesota State-of-the-art recycling facility to be built bringing 85 jobs to the area
Xcel Energy has reached an agreement with Northern Metals Recycling that will allow the metal recycling company to relocate its operations from north Minneapolis and build a new facility on an industrial site in Becker, Minnesota, bringing at least 85 jobs to the area.
The site, located near Xcel Energy's Sherburne County generating station, will eventually serve as Northern Metal Recycling's new recycling facility anticipated to open in August 2019.
The agreement and subsequent development is part of an overall economic development effort by Xcel Energy and officials in the Sherburne County area. Northern Metals expects to expand its facility in the coming years.
"We have a strong commitment to central Minnesota and are always working to provide solutions to our customers in our communities," said Chris Clark, president, Xcel Energy-Minnesota. "By helping Northern Metals Recycling relocate to Becker, they're able to locate their new facility in an industrial zone that is ripe for additional expansion."
"Northern Metals welcomes the opportunity to construct a state-of-the-art metals recycling facility in Becker and looks forward to partnering with the City of Becker and Xcel Energy as we bring this project to fruition," said Scott Helberg, Chief Operating Officer of Northern Metals Recycling. "As an industry leader in Minnesota, Northern Metals prides itself on our record of resource recovery, environmental compliance and job creation. We look forward to building a solid long-term partnership with the Becker community."
"We are very pleased that Northern Metals is bringing new jobs and capital investments to the area," said Becker city manager Greg Pruszinske. "They have chosen a great site for their new facility and we look forward to the many positive impacts Northern Metals Recycling will have in the Becker community."
Terms of the agreement were not disclosed.
About Xcel Energy
Xcel Energy (NYSE: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on Twitter and Facebook.
About Northern Metals Recycling
Northern Metals Recycling, based in Minneapolis, operates in Minnesota, Wisconsin and North Dakota at 17 locations with 270 employees. NMR's core business is the recycling of scrap metal from a range of sources such as End-of-Life vehicles/consumer products, industry, construction and demolition. NMR's extensive ferrous and non-ferrous operations produce over 100 grades of high quality recycled metals. For more information visit: http://www.northernmetalrecycling.com/.
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