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Recycler investing $75M in Blacksburg facility

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Green Tech Solutions Inc. is investing $75 million in a new recycling operation in Cherokee County that will create 200 jobs, according to the S.C. Department of Commerce.

The new facility will be located at 210 Henson Road in Blacksburg and will collect and process a variety of materials, including plastics, scrap metal, electronics and more, according to a news release. Green Tech Solution Inc. is a subsidiary of Tianjin Sheng Xin Non-Financing Guarantee Co. Ltd., an investment company headquartered in Tianjin, China.

"We could not be more excited to locate our new recycling operations in Cherokee County, a location that has everything we need for our investment to succeed. None of this would be possible without the assistance of the local and state allies that have supported our new endeavor," said Green Tech Solution Inc. CEO Richard Yang, in the release.

The Blacksburg facility is expected to be open in the second quarter of 2019.

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