FORT WAYNE, Ind. (ADAMS) – A global metals recycler is investing $300 million dollars in Fort Wayne.
They’re redeveloping the 76-acre Adams Township Industrial Park for their facility.
Construction will take up to two years.
The facility is expected to create 200 jobs.
The City released the following:
The City of Fort Wayne’s Redevelopment Commission approved a purchase agreement for the sale of land at Adams Township Industrial Park located at Adams Center Road and Paulding Road in southeast Fort Wayne.
An international metals recycling firm will purchase a 76-acre parcel from the Commission and intends to invest $300 million in construction of the facility. This new facility will create approximately 200 full-time jobs in southeast Fort Wayne with an average annual wage range of $50,000 to $70,000 upon completion.
The purchaser will begin the site engineering and permitting process, which is expected to take approximately 12 months. Construction of the facility is projected to take approximately 18-24 months.
