Southeast Missouri will be home to a waste-to-renewable chemical plant.
Circular Syntech has arrived in New Madrid today. The company will turn trash and other waste into new chemicals.
Missourinet is told by Richard McGill, New Madrid City Administrator. The 200-acre campus has an initial investment of $90 million. This will create approximately 40 high-paying jobs.
McGill says that she sees it as something that will change southeast Missouri. It could change Missouri but it’s also going to change that industry. There’s nobody that’s doing this in the country that in the patented way that they are able to do. A lot of the companies that do it, it’s a seven-step process. This company has reduced it down to a one-step process and it’s more environmentally friendly than the others. People don’t think, I mean, they think of southeast Missouri as these poor communities of smaller populations. But when you look at it on a whole, there’s a big workforce to draw from. I believe that the more people we have, the more vibrant our communities will become.
The average salary will be approximately $65,000
McGill believes the plant can create many more jobs in future.
Moving forward, like I said, there’s room for 98 production lines on that side. So, you start to factor that and the amount that’s going to be put back in our community through that, the amount of construction work that will continue through that. You know, $90 million is significant to me, but over time, it’s going to be kind of mind blowing on how much is invested in this community, he says.
McGill states that there is a lot excitement in the community for this development.
Anything new is always exciting to me. But, I think that there is one thing that people see with this and that we really hope to find, and that is people who want work in a field where they can make a difference. This, I believe, really makes a difference from an environmental perspective. It’s not something that they’re attacking other industries that maybe aren’t as environmentally friendly. They’re simply looking to do things in a way that will benefit and get rid of greenhouse gas emissions, both on the on the front end and the end product. Unfortunately, many small communities are shrinking and withering away. This is good news for a community like ours. It will help us to stay strong and move forward.
Before choosing New Madrid, the company had considered many locations throughout the U.S.
They found some of their states and the communities they lived in to be difficult to deal with. I believe that when their COO visited New Madrid, they realized how well it fit them. He saw what it would be like to work with us – to help get this company started. It was also due in large part to our geographical location. I mean, we’re directly on the Mississippi River. We’ve got two major rail lines coming right through our community and we’ve got interstate 55 that goes right beside us too. So, we’ve got the best of all the transportation modes. We’ve got hard working folks that are eager to get high paying jobs. And you know, I do contribute a lot of it or attribute a lot of it to the folks around here that they’ve met, he says.
The hiring process is expected start in a few weeks. The plant is expected to open in the middle of next year.
Click below to hear Richard McGill’s Show Me Today interview.
Copyright 2022 Missourinet
