Spanish Industrial Waste Management Firm Announces Headquarters Relocation to Merrillville, IN

Lake County and Indiana are getting yet another headquarters relocation from Illinois. This time, the company hopping across the state line is Spain-based industrial waste management and recycling services provider Tradebe.

TRADEBE

TRADEBE (photo – IEDC/tradebeusa.com)

Supported by State of Indiana tax credits and East Chicago economic development incentives, TRADEBE Environmental Services (USA) is relocating its headquarters from Oakbrook, IL to the Town of Merrillville, IN, and expanding its existing operations in East Chicago, IN.

TRADEBE Environmental Services, LLC (USA) is a subsidiary of subsidiary of Barcelona, Spain-based Tradebe, GP and Subsidiaries. The company will invest $150,000 to relocate its headquarters to the new site in Merrillville located just 20 miles from their existing East Chicago facility.

The headquarters relocation to Merrillville and expansion in East Chicago will create 55 new jobs in Indiana by 2017. This includes 30 high-wage jobs at the company’s headquarters operations.

This is the Tradebe’s second major expansion in Lake County in recent times. Last year, the company invested $16 million to expand and renovate its East Chicago facility to build a second Solids Distillation System (SDS) and create 25 new jobs. This SDS technology is the only one of its kind in the United States, and offers an effective and cost-efficient method for recycling organic solid waste.

TRADEBE specializes in recycling industrial waste into beneficial products and substitute fuels, and sets a high standard by recycling approximately 60 percent of the waste they process. Using SDS technology, TRADEBE annually processes more than 36,000 tons of hazardous waste, reclaims over 7,000 tons of scrap metal, and produces in excess of 2.7 million gallons of reusable solvents.

Worldwide, Tradebe employs more than 2,130 people and operates 72 treatment facilities spread across Spain, the U.K., U.S., France and Brazil.

Victor Creixell, chief executive officer of TRADEBE USA, said in a release that relocating their headquarters gives them the opportunity to bring much of their Midwest office staff together in one location to promote efficiencies within the organization with the new headquarters just 20 miles from the East Chicago facility.

Indiana Secretary of Commerce Victor Smith said in the release that when faced with a world of options, companies like TRADEBE continue to choose Indiana because of the state’s business-friendly climate and fiscal strength.

In order to secure the project, the Indiana Economic Development Corporation offered Tradebe up to $600,000 in post-performance tax credits tied to the company’s job creation plans. The Town of Merrillville is supporting the headquarters relocation project at the request of the Lake County Indiana Economic Alliance, and the expansion project has already been approved to receive East Chicago economic development incentives.

Merrillville Town Councilman Shawn Pettit said in the release that the town of Merrillville is pleased an international company like Tradebe selected their community, recognizing they can flourish in an ideal location and business-friendly environment.

East Chicago Mayor Anthony Copeland likewise added that they are proud that Tradebe continues to prosper in East Chicago. Mayor Copeland added that it’s imperative to support their existing businesses in expanding their operations as they are integral in growing the economy through jobs and investment.

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