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Environmental services firm to build $40M refinery

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Heritage-Crystal Clean Inc., a waste-management company with ties to  locally based Calumet Specialty Products Partners LP, plans to build its first used oil re-refinery,  on West 10th Street in Indianapolis.

The project will be a $40 million investment for the NASDAQ-traded company, and will result in 75 new jobs by 2013, according to a press release from the Indiana Economic Development Corp.

Heritage-Crystal did not disclose the address of the planned refinery, but it has existing operations at 3970 W. 10th St. in Speedway. The company purchased that site, which it had previously leased, in June of 2009, according to its annual report. Indianapolis is the largest of the company's four operations hubs and is home to a state-of-the-art solvent recycling tower, according to the annual report.

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 Clean 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, maintenance and supervisory personnel, according to the IEDC.

"We chose Indiana because it is centrally located with good infrastructure and supports the recycling of used oil," said Joe Chalhoub, CEO and President for Heritage-Crystal Clean, in a prepared statement.

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-Clean a $2.3 million property-tax abatement and $150,000 for additional infrastructure assistance at the request of Develop Indy.

"It's always great for the town when a business starts, grows and stays a part of the community. The jobs and the investment represent a commitment to the town of Speedway and demonstrate that this is a great place to do business," said Barbara Lawrence, town manager for Speedway, in a prepared statement.

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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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