My name is Edwin Taylor, owner of E Waste Recycling & Salvage LLC, a scrap metal recycling facility in central NY. We have 2800 unique customers on file and generate $2 million in annual reveue. We process a wide variety of ferrous and nonferrous metals at this time. With proper investment, we could easily triple our annual revenue. Currently, we simplify and organize material to be loaded ad trucked in open-tub style gondola trailers. We do not currently have the equipment required to compact and bale material to make the most of each truckload-minimize trucking costs and maximize returns. At current production, we load around 32,000 lbs. in each trailer. If material was compacted prior to loading, we could move 55,000 lbs. with each truck at the same cost. In addition to moving more material with the same transportation costs, compacted or baled material is considered a higher grade and brings premium pricing at market. Thus, the increased profitability that comes with compacted material is twofold. Furthermore, the ability to move more material with less trucks allows us to take advantage of the limited number of carriers available to us. There are only a certain number of available trucks to haul the material we wish to sell. Maximizing the load behind each contracted truck allows us to bring in and process more weight from more customers without the need for additional hired common carriers outside our existing network of truckers. Our current facilities are particularly well-suited to accommodate an increase in workflow and production. However, an appropriate capital investment is required to finance the necessary equipment and labor to do so. We look forward to working with the right investor who would like to put some capital to work in this industry. We stand ready to put investment funds to work immediately as we are in current operation and stand apart from others seeking investment for startup costs. We are a currently thriving operation seeking to expand on an existing profitable business model. Other possibilities for expansion also exist beyond the metallic waste sector such as processing paper, plastic, and corrugated recycled goods. These income sources are reliable and available with the expansion of our operations and additionally required equipment being much the same as those listed above.
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