Exurban plans $340M investment in southeast Fort Wayne

FORT WAYNE, Ind. — Exurban, an international e-waste recycling company, this month announced plans to locate operations in southeast Fort Wayne, investing more than $340 million and creating up to 200 new jobs by the end of 2026.

“With its significant investment and hiring plans, Exurban will create the first zero-waste smelter that will generate significant economic impacts throughout the region for generations,” said Gov. Holcomb. “When Sec. Chambers and I met with Exurban’s leadership, we were impressed with their global expertise in metals and knew a close partnership would allow us to help shape a sustainable world together.”

Headquartered in the U.K., Exurban’s Fort Wayne facility will be its first operation in the U.S. The facility will set new standards in environmental performance, with the capability to retrieve valuable metals including copper, gold, and silver from e-waste, or discarded electronic appliances such as mobile phones, computers, and televisions.

“Like-minded, forward-thinking partners like Exurban are exactly the kind of companies we want to attract to Indiana,” said Secretary of Commerce Brad Chambers. “It became clear after meeting with Exurban that their mission of repurposing waste is directly in line with the state’s 5E focus; in particular, Indiana’s commitment around the Energy Transition.”

Occupying 77 acres and located at the Adams Township Industrial Park (corner of Adams Center and Paulding roads) in Fort Wayne, the new facility will allow Exurban to invest in the U.S market and meet growing customer demands. The company is set to begin construction in 2023.

“We are excited to announce the site of the world’s first zero-waste smelter refinery to offer a domestic, low-carbon solution to the global challenge of e-waste,” said Jean Paul Deco, co-founder of Exurban USA. “We are delighted with the welcome we have been given in Indiana, and I am proud that the plant we are announcing today will set new standards in recycling critical metals from discarded waste streams.”

This development is in response to the millions of tons of e-waste buried in landfills or shipped overseas every year, resulting in a negative impact on health and the environment. The plant, which will be Exurban’s first, will enable the company to stop shipping waste to other countries while deploying new, proven technology to set new standards in recycling e-waste.

“Our investment in Fort Wayne, Ind., is a major milestone for Exurban and makes an important contribution to meeting the environmental challenge of e-waste,” said Stefan Boel, chairman of Exurban. “This is just the start of a journey. Working with key supply partnerships from leading recycling companies, we share the vision to expand around the world in this fast-growing market.”

“Exurban’s planned investment in Fort Wayne is a tremendous win for our community as we continue to work each day to retain and attract businesses and employees,” said Fort Wayne Mayor Tom Henry. “Having the company’s U.S. headquarters in southeast Fort Wayne sends a strong message that our city is growing, thriving and an attractive place for companies to locate and succeed.”

Based on the company’s job creation plans, the Indiana Economic Development Corporation committed an investment in Exurban of up to $2.5 million in the form of incentive-based tax credits and up to $200,000 in conditional training grants. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and trained. The city of Fort Wayne and Northeast Indiana Works support this project.

About Exurban

Exurban is developing the world’s first zero-waste smelters specifically designed to treat electronic and electrical waste. Operating regionally the company is setting new standards in recycling. Exurban offers a circular solution to the environmental damage and value destruction currently generated by e-waste, harnessing innovation to retrieve and recycle valuable non-ferrous metals. Learn more at exurban.co.uk.

About Greater Fort Wayne Inc.

Greater Fort Wayne (GFW) Inc. serves Fort Wayne and Allen County, Ind., as its metro chamber alliance and primary point of contact for economic growth. GFW Inc. focuses on prosperity and community vibrancy through economic development, advocacy, programs, and resources that support business success, leadership development, graduate retention and community engagement. GFW Inc. worked with state and local partners to assist Do Good Foods with their plans. In 2021, GFW Inc. assisted 27 businesses in expansions or relocations in Allen County, resulting in more than 2,600 projected new jobs, more than $105 million in new annual payroll, and more than $498 million in new private investment.