150 New Jobs at State-of-the-Art Recycled Fuel Facility in Mecklenburg County

Forsite Development, lead developer for ReVenture Park, is teaming up with FCR Recycling on a new $30 million "Recycled Fuel" facility that will vastly improve Mecklenburg County's recycling rates and transform non recycling recoverable waste into a fuel that can be utilized to create renewable electricity.

The facility will be located at the former Statesville Avenue Landfill site located at I-85 and Statesville Road. It is estimated that the project will create 150 new green jobs and will be operational in April of 2012.

Company officials estimate that the project will dramatically increase Mecklenburg County's recycling rate, and divert approximately 340,000 tons of waste annually from local landfills. Over the life of the project, the amount of trash diverted would be enough to completely fill Bank of America Stadium.

The recycled fuel will be used to power the proposed 30-megawatt Renewable Energy Biomass power plant to be developed at ReVenture Park. The 667-acre "Eco-Industrial" park is being developed on the former Clariant Corporation chemical plant site in western Mecklenburg County.

The Recycled Fuel will be created by processing waste through a state of the art system that will maximize the recovery of recyclables, and eliminate materials that can cause air pollution during energy conversion, like PVC, electronics and batteries. The processing system will further optimize the physical and chemical characteristics of the fuel with FCR's proprietary engineered fuel technologies and densifying it into a renewable fuel.

Forsite President, Tom McKittrick, states: "the utilization of Recycled Fuel as our feedstock is the single greatest difference between our project and a conventional Waste to Energy Plant that burns raw garbage. We are laser focused on ensuring our project is environmentally responsible and does not contribute to air pollution. We interviewed firms across the country and found FCR Recycling to be by far the industry's leading expert for transforming garbage into a renewable engineered fuel suitable for creating clean electricity."

"ReVenture is the most innovative and sustainable large scale project that I have seen in my 25 years in the recycling business," said Sean Duffy, Vice President of FCR Recycling. "We have spent the last 5 years perfecting our design for Recycled Fuel and we are thrilled to have been selected as Forsite's waste processing partner. With this project, Charlotte will solidify its leadership position in sustainable practices among major municipalities. Ultimately, we hope this project will show other cities there are significantly better ways to manage waste over simply burying garbage in a landfill."

Charlotte Chamber President Bob Morgan added, "We applaud Forsite Development and FCR Recycling for teaming up on this project. Charlotte has had a number of successes over the past year and a half within the energy sector. This project is a major coup for Charlotte in the area of alternative and sustainable energy."

Combined with Mecklenburg County's single stream recycling efforts, the project is likely to push the county residential recycling rate to greater than 35% and landfill diversion rate to levels in excess of 65%.

The Recycled Fuel created from the project will produce enough green electricity to power more than 30,000 homes each year.