Don Drew, sales and marketing director with Newco, said the operation located at 1101 Connecticut Drive in Stephenville near Port Harmon is currently in a transitional stage with vehicle crushing and cleaning up of the property taking place.
As the largest metal and auto recycling company in the province, Newco had hoped for some time to get into Stephenville as its base of operators for its expansion in Western Newfoundland.
Drew said the close proximity to Port Harmon makes it an ideal location for exporting product to mainland Canada and steel mills worldwide.
Meanwhile, Newco has hired three of the existing permanent staff from K & J Metals and are training them in their methodology and learning from them how they operated. Once the operation is fully up and running, it’s expected they will have eight to 10 permanent workers in Stephenville.
In addition to the latest acquisition in Stephenville, Newco has operations in St. John’s, Argentia, Foxtrap, Corner Brook and Happy Valley-Goose Bay in the province.
The 28-year old company, started in 1985 by Bob Anstey, who owns it lock, stock and barrel, has been working with municipalities in the province for their recycling needs.
Drew said during the remainder of the transitional period, which will take about two months, there will be leveling of the land they are using and the installation of green privacy fence to soften the look of the property.
“Crews from other locations work with staff to make sure that product don’t build up too much and they will go in to assist if needed,” he said.
Drew said they have a good relationship with the former owner and the staff members they have kept on, so the deal is beneficial to all involved.
Mayor Tom O’Brien said he and the town are looking forward to working with Newco and he’s hoping that this will mean some activity for the port and extra jobs in the town.