Illinois company buys West Bend industrial site
Building has been vacant since 2012

By DAVE RANK - Daily News

Dec. 3, 2014

The 'For Sale' sign outside of Nationwide Recycling LLC shown on Tuesday evening in West Bend.     Photo by John Ehlke

WEST BEND - West Bend officials will meet with executives of Quincy Recycle next week to discuss the Illinois company’s plans for the 95,200-square-foot industrial building a company affiliate recently bought for $2.4 million.

Quincy Recycle, headquartered in Quincy, Illinois, announced plans to open a recycling plant at 2230 Stonebridge Circle in West Bend Industrial Park South.

The affiliate is leasing the property to Quincy Recycle, President Bryan Stokes said. Both companies have the same owner, he said.

“We’re certainly excited to see it finally sold,” City Administrator T.J. Justice said of the former Nationwide Recycling building, which has been vacant since 2012.

“The first year we anticipate we’ll have 15 (employees) and we’ll grow from there,” Stokes said Tuesday. “Our plants have between 15 and 25 associates, generally.”

Established in 1974, privately-owned Quincy Recycle provides business to business paper, plastic and metal recycling and waste reduction services from plants in Quincy (on the Mississippi River) and Alsip (south Chicago area), Illinois, and New Haven, Indiana, along with a brokerage business unit.

The company also closed on the purchase of a recycling business in St. Louis on the same day as the West Bend purchase, Stokes said.

Quincy Recycle has 100 employees, Stokes said, with the additional two properties likely to add 30 more next year.

The Alsip plant is nearing capacity, Stokes said. Adding the West Bend site “allows us to continue to grow the market.”

West Bend was not involved in the sale of the industrial property, Justice said, although he thought the West Bend’s increased online presence might had helped draw attention to the site.

“There was quite a bit of interest in that building. We had eight, nine tours of the building for qualified leads in two and a half years,” Justice said.

However, Quincy Recycle was not one of those leads, he said.

“We hope to be operational no later than March 1,” Stokes said.

Quincy will bring in new equipment for the plant, he said. “The building itself is fantastic. I don’t anticipate we’ll have to change much to the building.”

The sale was handled by Prowess Commercial Real Estate Services, Milwaukee. Nationwide Recycling declared bankruptcy in 2011. The property was purchased by Equitable Bank and sold to Quincy Recycle, according to state records. The purchase price was listed at $2.4 million.

Stokes called City Hall to schedule the meetings, Justice said.

“They’re going to come in and chat with us next week,” he said. “They initiated the contact.”

Among issues to be discussed, Justice said, will be:

■ Introductions and a get-acquainted session.

■ Quincy Recycle’s plans for the now vacant building, which was built as a recycling plant.

■ If any city conditional use permits are needed depending on those plans.

■ The possible availability of West Bend Revolving Loan incentive funds to assist in the plant opening.

Quincy Recycling has not contacted Economic Development Washington County, which administers revolving loan funds for the county, EDWC Business Solutions Specialist Deborah Reinbold said Tuesday.

“I have a feeling something may develop after next week’s meetings,” she said.

Quincy Recycle already serves much of Wisconsin from its existing plants, according to its website, but the West Bend facility is expected to increase its presence in the state.

“We’re very excited to be entering the Wisconsin market,” Stokes said.