The Metropolitan Development Commission is expected Wednesday to approve a waste-management company’s plans to build
its first used oil re-refinery, on West 10th Street in Indianapolis.
Heritage-Crystal Clean Inc., which has ties to locally based Calumet Specialty Products Partners LP, said it will invest
$40 million and create 55 jobs by 2013. The number of jobs listed in an MDC report has been lowered from the 75 originally announced in July by the Indiana Economic Development
Corp.
The IEDC offered Heritage Crystal-Clean up to $550,000 in performance-based tax credits based on the company's job-creation
plans. Up to an additional $100,000 will be made available to the city of Indianapolis for infrastructure improvements from
the state's Industrial Development Grant Fund. The city of Indianapolis has granted Heritage Crystal a $2.3 million property-tax
abatement and $150,000 for additional infrastructure assistance at the request of Develop Indy.
Heritage Crystal estimates the new hires will earn $20.08 an hour. The project also will help retain 40 employees at a wage
of $15.60 an hour.
Heritage-Crystal is set to build the refinery on property at its current location, 3970 W. 10th St., where it operates an
industrial chemicals and hazardous-waste services facility.
Heritage-Crystal is based in Elgin, Ill., but has its roots in Indianapolis. Its major shareholders are Heritage Group and
Fred Fehsenfeld Jr., whose family started Calumet Specialty Products and took it public in 2005. Organized in Indiana in 1999,
Heritage Crystal has been expanding the parts-cleaning and used-oil-recycling business started by its predecessor about 30
years ago.
The company provides services for parts cleaning, containerized waste management, used oil collection and vacuum truck services
to customers in the automotive service and manufacturing industries. It has 500 employees and operates 62 branches in the
Midwest and eastern states.
Heritage-Crystal expects to start operating the new re-refinery at partial capacity in 2012 and is in the process of hiring
oil route drivers, plant operators, and maintenance and supervisory personnel, according to the IEDC.

















IBJ Conversations
0 Comments
Add Comment