Indianapolis-based Trinity Metals is expanding its local operations, purchasing a vacant facility southeast of downtown to house its headquarters and two recycling divisions.
The company declined to disclose details of its investment in the former Smurfit Stone corrugated container warehouse at 6400 English Ave., but officials said they will add about 50 production jobs at the site.
Trinity, which buys and sells non-ferrous materials, has about 25 employees at its existing location at 2400 N. Shadeland Ave. It also has small trading offices in Chicago, Los Angeles, Houston, and Fort Wayne.
Founded in 2008, the company said it also has extended its Shadeland lease for seven years and expanded its space there to 65,000 square feet to allow for additional growth.
In addition to handling non-ferrous metals, the company has a speciality metal division and an e-scrap division, which recycles electronic waste.