Reworld™ to open new facility in Park Hills, investing more than $7 million and creating 21 new jobs

Reworld™, a leader in sustainable waste solutions, announced today that it will open a new Material Processing Facility (MPF) in Park Hills, investing more than $7 million and creating 21 new jobs. The company's new facility will process non-hazardous waste streams and recovered materials.

For more than 40 years, Reworld™ has been at the forefront of sustainable waste solutions while providing world-class results that serve people, the planet, and a more prosperous future. As a recognized industry leader, the company helps customers achieve sustainability goals such as reducing carbon impacts and fossil fuel usage. To establish its new location in Park Hills, Reworld™ will renovate a 150,000-square-foot facility formerly used for glass manufacturing.

"Our facility in Park Hills will demonstrate how innovative waste solutions can create both environmental value and economic opportunity," said Amir Hafzalla, President, South Region at Reworld™. "Park Hills is a strategic location that allows us to better serve our partners. We're proud to bring new jobs to the region and become part of the community."

Reworld™ specializes in converting waste into valuable resources through advanced technologies that enable the reduction, efficient reuse, recycling, and recovery of diverse waste streams. Through ReKiln Fuels™, an innovative alternative engineered fuel solution, the company produces fully customized, low-carbon fuels from industrial byproducts and post-consumer recycled materials that are ideal for cement and lime kilns, powerplants, and paper mills.

"The new Reworld™ facility in Park Hills is a great example of business growth," said Michelle Hataway, Director of the Department of Economic Development. "We congratulate Reworld™ and look forward to its continued success."

With a commitment to transparency, environmental stewardship, and collaboration with the community, Reworld™ worked closely with city officials and local stakeholders throughout the planning process for its facility. The location will not accept hazardous, biomedical, food, or radioactive waste and no combustion will occur onsite. All processing will take place indoors using methods that protect air and water quality and ensure compliance with all environmental regulations.

Reworld™ will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation.

What others are saying

"Park Hills is committed to smart growth that respects both our environment and our citizens," said Park Hills Mayor Stacey Easter. "With the investment by Reworld™ and our insistence on transparency and strong environmental safeguards, we're creating quality jobs while protecting the health and future of our community."

"We're thrilled to bring a high-quality company like Reworld™ to Park Hills," said Luke Herder, VP, Acquisition & Leasing at Phoenix Investors. "The future is bright for the community of Park Hills and its burgeoning workforce. We have approximately 300,000 square feet of desirable space remaining in the building that would be ideal for other companies looking to establish a foothold in Missouri as well."

About Reworld™

Reworld™ is a leader in sustainable waste solutions, providing innovative and environmentally responsible services to a global community. Reworld™ is committed to advancing zero waste initiatives and supporting sustainability goals through state-of-the-art technologies that reimagine, reduce, reuse, recycle, recover and renew.

To learn more about Reworld™, visit reworldwaste.com.

About the Missouri Department of Economic Development

The Missouri Department of Economic Development (DED) works to create an environment that encourages economic growth by supporting Missouri's businesses and diverse industries, strengthening our communities, developing a talented and skilled workforce, and maintaining a high quality of life. As one team built around the customer and driven by data, DED aspires to be the best economic development department in the Midwest. Through its various initiatives, DED is helping create opportunities for Missourians to prosper.

For the latest updates on DED's current or future programs and initiatives, visit DED's website.

About the Missouri Works Program

As the state's number one incentive tool for expansion and retention, the Missouri Works Program helps businesses access capital through withholdings or tax credits to embark on facility expansions and create jobs. This program can also help businesses purchase equipment to maintain its facility in Missouri.