DUNCAN, Okla._The expansion of a metal recycling plant is expected to boost Duncan's economy by bringing in 65 additional jobs.
Duncan Recycling and Refining manufacturing company will be expanding to more than double its current size, after the city decided on Tuesday night at a City Council meeting to fund the expansion project with the use of funds generated from sales tax dollars set aside for the city's economic growth.
Currently, the business operates out of a small shop just east of Highway 81 on McCurdy Road. The new site is expected to be built a mile south of its current location.
Duncan Area Economic Development Foundation officials say those 65 jobs will have salaries that will start at one-and-a-half times the average county wage of between $32,000 and $35,000 per year, and employees will receive full benefits.
Duncan Recycling and Refining operations coordinator Trace Nichols has worked closely with his father, and together they have watched and planned the plant's growth, both grateful for the city's support.
"You know, just to, diversification of the work force here, 50 to 60 percent of the jobs are Halliburton related in this town. We are going to be the third largest employer in Duncan come the end of the year," said Nichols.
Nichols said more jobs is not the only reason it is good for the city. He says recycling metal also plays a key role in today's world.
"It's a fully green process and you know, I think it's going to be crucial for us as a whole to move forward," said Nichols.
This new plant will allow the Duncan Recycling and Refining to melt and separate the metals in-house rather than sending it off to be melted as they do now.
Lyle Roggow with the DAEDF said the upcoming plan for expansion is just the start of things to come.
"Over time, it's something we will be able to leverage with the automotive industry," said Roggow.
The shell of the building has already been built and the interior construction in the 23,000-square-foot building is expected to begin within a couple of weeks. It is expected to be complete in early 2016.