Florida plastics recycling company to build $ 440 million facility in Georgia

A Florida-based plastics recycling company announced plans to build a $ 440 million facility in Augusta.

The project is among the largest investments ever made in the city, Augusta Economic Development Authority President Cal Wray told the Augusta Chronicle.

The plant is to create more than 80 jobs in production. Construction is scheduled to begin early next year, according to the Chronicle.

The company behind the facility, PureCycle Technologies, Inc., said it selected Augusta after reviewing dozens of other locations, including in other states.

The plant will recycle polypropylene, a widely used plastic. It will begin with three production lines, each of which can produce around 130 million pounds of high-quality recycled plastic annually, according to Chronicle.

It will be on 200 acres less than a mile from a giant Starbucks Corp. coffee roaster.

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