Dynamic Recycling to add 140,000 square feet, 150 jobs with expansion

Gov. Scott Walker speaks at a press conference Monday about the expansion plans of Dynamic Recycling in the town of Onalaska.

Erik Daily, RVMG

TOWN OF ONALASKA — Dynamic Recycling is expanding for the fifth time in a decade.

Company officials celebrated a visit by Gov. Scott Walker on Monday that highlighted a 140-000-square-foot expansion project that began in May. The extra space will boost the processing capacity for scrap and electronic recyclables, as well as provide additional office space for the company.

Company CEO Miles Harter said the hope is for the new facility to come online in early 2018, as the company already has outgrown its current space. The expansion is expected to add 150 jobs, nearly doubling the workforce of Dynamic Recycling, which also has facilities in the Twin Cities and Nashville, Tenn.

“We can do good while making a profit doing it,” Harter said. “We have a goal of recycling more than 100 million pounds next year.”

To help finance the expansion, Dynamic Recycling will be eligible for more than $500,000 in tax credits from the Wisconsin Economic Development Corp. in exchange for job creation. The company also will receive $17 million in Industrial Revenue Bonds, which provide loans at low interest rates, to help finance the $20 million project.

Dynamic Recycling recycles, tests and refurbishes items such as IT equipment, consumer electronics, medical equipment, and electronic and non-ferrous scrap, such as copper and aluminum. Harter said the state incentives will help the company pay for additional recycling equipment, replacing work that is currently done internationally.

Harter said support and incentives from WEDC have been essential to the company’s growth during the past decade, such as $360,000 in tax credits the company was awarded when it relocated to the town of Onalaska.

Dynamic Recycling has expanded five times since it was first founded in 2007 in a 4,000-square-foot facility in La Crosse. The company moved to its current location three years ago.

“For us, our future is more and continued growth,” Harter said. “This will allow us to process more domestically and do more locally.”

Last month, the company was honored with the La Crosse Area Development Corp.’s manufacturer of the year award, the highest award given out by the organization. This investment by WEDC is a significant one for the state, 7 Rivers Alliance’s outgoing CEO Lisa Herr said at the event Monday.

A lot of companies focus on their people or turning a profit, Herr said, leaving planning for when they have to do it. During Dynamic Recycling’s entire 10-year history, planning has been a significant part of the company’s strategy, which has helped make it a successful economic driver in the state.

“This is a good example of a great company in the state that is growing,” Gov. Walker said. “It is just another example of what makes the Coulee Region special.”

“This is a good example of a great company in the state that is growing. It is just another example of what makes the Coulee Region special.” Gov. Scott Walker

“This is a good example of a great company in the state that is growing. It is just another example of what makes the Coulee Region special.” Gov. Scott Walker

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Nathan Hansen has been the Education Reporter for the Tribune since 2014. Prior to that, he covered education, agriculture and business topics for the Winona Daily News. He is always on the lookout for news tips and can be contacted at 608-791-8234.

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