Hello,
My name is Matt and I am looking for some advice on starting a scrap yard. The yards focus would be on purchasing ferrous (prepared, unprepared, and cars) and processing the ferrous. My plan includes building my yard in an area without any other shredders around, my area in particular doesn't have another shredder for over 150 miles but still has a extremely large amount of scrap.
I want to purchase a Hammel portable shredder (has anyone seen these?) and build a downstream separation plant in which I have a lot of knowledge in. The separation plant would just be a screen and a magnet to start. The location that I plan on building at will have a rail spur.
My question is this viable? Any thoughts? Equipment would be a shredder, scale, office, skid steer, excavator with magnet, semi trucks with trailers, anything else?
The reason I want a portable shredder is because it would be easier to get a loan because I could just ship it off if (only if) we go out of business so it has more value to banks.
My second question is auto shred sold as HMS #1? Or is there another spec for shred?
I have ran a scrap hauling business awhile with employees as well as have knowledge in shredding & processing municipal solid waste.
Let me know what you think.
Thanks
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