Wistron GreenTech hopes to open facility in January of 2013.
Wistron GreenTech Corp., a subsidiary of the Taiwan-based firm Wistron Corp., has announced plans to open an electronics recycling facility in McKinney, Texas. The facility is expected to cost $21 million.
According to the Dallas Business Journal, among its many services Wistron GreenTech will use a chemical process to extract precious metals from obsolete electronics. The newspaper adds that the company plans to start operations at the site by January 2013.
“Wistron is delighted to be making McKinney the home of our U.S. electronics recycling operation," Joseph Hsu, Wistron GreenTech Corp. general manager, says. "McKinney is an excellent community for our employees to live and work. City government, from the administrations and city council, plus MEDC (McKinney Economic Development Corp.) have all been extremely helpful and supportive during the entire process, welcoming our green recycling business to their community."
City officials and MEDC have worked with Wistron executives for nearly two years to facilitate the sale of the building they will occupy and bring their business to McKinney. Mayor Brian Loughmiller and MEDC Vice President Abby Liu visited Wistron executives at their global headquarters in Taipei, Taiwan, in October 2011. State Rep. Ken Paxton also assisted the recruitment process.
Wistron GreenTech was formed in 2010 as a wholly owned subsidiary of Wistron Corp. It is part of the Wistron Green Recycling business that also has a plastic recycling facility in Kunsan, China. The U.S. recycling campus being established in McKinney will include operations for IT asset recovery and the recycling and refining of circuit boards and batteries.