Economic Impact:

 

Our facility supports over 50 families throughout the community, many of which live right here in Newport and the surrounding communities. Our overall operation adds millions annually to the Newport economy. RMR patronizes many local businesses for signage, equipment rentals and other needs. Our teammates eat, shop, and support local businesses as well.

 

Suppliers, Customers:

 

We are proud to provide the community a place where old cars, appliances, aluminum and other scrap metal can be recycled and put back in the supply chain, thus reducing our community’s environmental footprint and encouraging greener business practices.

 

• We buy and recycle scrap metal from a diverse group of businesses, ranging from well-known Fortune 500 businesses to local entrepreneurs. Nucor Gallatin and other Kentucky-based manufacturers use this recycled scrap metal to produce new products to put back on Kentucky merchandiser’s shelves for sale. We are proud that most of our recycled products stay right here in the Bluegrass State.

• Two out of every three pounds of steel manufactured in the United States—including steel mills across Kentucky—starts as post-consumer and post-industrial material at sites like ours.

• Currently, 2% of the world’s energy is spent on producing aluminum.  Producing aluminum products from recycled material is great for the environment since it requires 95% less energy than by using new material.  Half of all aluminum cans are recycled.

 

Statewide/National Impact:

 

Recycling has become a core component of the movement to make Kentucky greener. River Metals Recycling is committed to improving the environment in Newport and is open to the public six days a week, buying everything from old cars to pop cans.  The recycling process plays a key role in job creation, economic development, exports, and environmental stewardship.

 

• In Kentucky, the recycling industry supports over 8,000 jobs and creates a $1.95 billion annual economic impact.

• The industry in Kentucky accounts for $165 million in federal, state and local taxes.

• RMR is one of 175 Kentucky recycling facilities that help reduce depletion of natural resources and the amount of material being sent to landfills.

• More than 130 million metric tons of post-industrial and post-consumer materials are recycled annually in the U.S., providing manufactures vital raw materials.

• In the U.S., the recycling industry saves the CO2 equivalent of 410 million tons of greenhouse gas emissions.