Duncan Recycling & Refining brings 65 jobs, excitement to city – VIDEO
DUNCAN, Okla. — Duncan Recycling and Refining (DR2) officially opened it’s new plant Monday, a $12 million investment warmly welcomed by community and state officials.
DR2 Owner/President David Nichols, a Velma native, discovered in Europe the technology used to extract and refine platinum group metals and ceramics from automobile catalytic converters. He chose Duncan for DR2, attracted by his connection to the community and a building offered by the Duncan Area Economic Development Foundation (DAEDF). See DR2’s construction video here.
When fully operational with 65 employees, the plant will process tons of spent catalytic converters daily. Waste that is not deemed valuable will be converted into Plasmarok, a building aggregate. Look for employment opportunities here.
Image provided. Source: Duncan Area Economic Development Foundation