Dive Summary:

• Upstate Shredding has opened a $15 million scrap metal recycling facility and export yard at the Port of Albany, N.Y.
• The company will have 40-60 employees and ship scrap metal from its other sites to the port, which will then be transported to customers around the globe.
• The Oswego, New York based company runs over twelve facilities spanning across New York and Pennsylvania.

From the article:

Adam Weitsman, who owns the Owego-based business, said in an interview last fall that his company has sought for seven years to open a terminal at the Port of Albany.

Weitsman said the privately held company hopes to boost revenues to $1 billion annually by next year.