On Wednesday, July 30, the Mount Pleasant Economic Development Corporation (EDC) announced that Titus County will become home to the first zero- landfill aluminum facility in the nation, being brought to life by the Aluminz Corporation.
Aluminz reached out to the City of Mount Pleasant back in July of 2024 and has been working with the city council and EDC since then. They have secured a 155-acre site next to U.S. Highway-67, close to Winfield. They’ve signed a 30year lease and performance agreement to develop their flagship zero-landfill aluminum tolling facility. Aluminz is a portfolio company of 1V1sionCapital, a New York based private investment firm. We spoke with Aluminz CEO, Richard Mayenknecht, who explained what exactly Aluminz Corp. does, “We’re the entire process of aluminum recycling and we’re going to be the first in the United States to heavily implement solar power. It’ll take a fraction of our overall consumption, but it’s important for us to lower our carbon footprint, as our customers want a low carbon aluminum product.”
This project is expected to bring over 130 above-market- wage jobs and 75 construction roles. The EDC expects that this will revitalize the manufacturing base in Titus County. Mayenknecht added, “The wages will be about 25% more than the Titus County average. We want to pay for really good quality people and it’s not based on their economic or academic background, just about who they are. We are heavily subsidizing our healthcare plans and it’s going to be a very generous benefits package.”
