State Loses Bid for Environmental Jobs in Illinois
Posted on July 13, 2010
According to a press release, Heritage-Crystal Clean, Inc. (NASDAQ: HCCI) has selected Indianapolis as the site for its used oil re-refining facility and intends to create up to 75 new jobs by 2013.
The company, which provides services for parts cleaning, containerized waste management, used oil collection and vacuum truck services to customers in the automotive service and manufacturing industries, expects to invest approximately $40 million to construct and equip a new used oil re-refinery on West 10th Street in Speedway.
Elgin, Illinois-based Heritage-Crystal Clean employs more than 500 employees and operates at 62 branch locations throughout the Midwest and the Eastern United States. The company expects to begin operating its new re-refinery at partial capacity in 2012 and is in the process of hiring oil route drivers, plant operators, maintenance and supervisory personnel.
“We chose Indiana because it is centrally located with good infrastructure and supports the recycling of used oil,” said Joe Chalhoub, CEO and President for Heritage-Crystal Clean.
Organized in Indiana in 1999, Heritage Crystal Clean, LLC has been expanding the parts cleaning and used oil recycling business started by its predecessor approximately 30 years ago.
The Indiana Economic Development Corporation offered Heritage Crystal-Clean up to $550,000 in performance-based tax credits based on the company’s job creation plans. Up to an additional $100,000 will be made available to the city of Indianapolis for infrastructure improvements from the state’s Industrial Development Grant Fund. The city of Indianapolis has granted Heritage Crystal-Clean a $2.3 million property tax abatement and $150,000 for additional infrastructure assistance at the request of Develop Indy.
Heritage-Crystal Clean, Inc. provides parts cleaning and hazardous and non-hazardous waste services to small and mid-sized customers in both the manufacturing and automotive service sectors. Heritage-Crystal Clean’s service programs include parts cleaning, containerized waste management, used oil collection, and vacuum truck services. These services help its customers manage their used chemicals and liquid and solid wastes, while also helping to minimize their regulatory burdens. Heritage-Crystal Clean’s customers include businesses involved in vehicle maintenance operations, such as car dealerships, automotive repair shops, and trucking firms, as well as small manufacturers, such as metal product fabricators and printers. Heritage-Crystal Clean, Inc. is headquartered in Elgin, Illinois, and operates through 62 branches serving over 41,000 customer locations.