Global Recycling Company Expanding Headquarters in Capital City
From a news release
Trenton Mayor W. Reed Gusciora has today the transfer of two vacant city lots on New York Ave to TerraCycle, a global waste innovation company, located in 22 countries, that is looking to expand its operations in the Capital City.
A closing ceremony took place on Aug. 30, 2021, outside TerraCycle headquarters in Trenton. Mayor Gusciora was joined by TerraCycle Founder and CEO Tom Szaky, City Council Vice President Marge Caldwell-Wilson, Greater Trenton CEO George Sowa, and the new Trenton Director of Housing and Economic Development C. Andre Daniels.
After growing rapidly during the pandemic and adding 150 jobs, TerraCycle is seeking additional space for its expanding team. As a major local employer, the City of Trenton has worked with TerraCycle to transfer two vacant lots on New York Ave adjacent to TerraCycle headquarters so it can continue to grow in the Capital City.
Don’t miss environmental news like this Click for updates
A resolution authorizing the transaction was previously approved by City Council in September 2020.
“TerraCycle has always been serious about its commitment to the Capital City, and its vision of repurposing recyclable materials worldwide speaks directly to Trenton’s industrial past,” said Mayor Gusciora. “This is one of many ways Trenton is working with its business community to help return underutilized properties to the tax rolls and promote further employment and economic activity.”
“We’ve been proud to call Trenton our home for almost two decades and by working with the city and Mayor Gusciora, we look forward to continuing to do so for decades to come,” said Tom Szaky, TerraCycle Founder and CEO. “Anyone looking to locate their business in the Northeast should absolutely consider Trenton as a place to put down their roots.”