{"id":176222,"date":"2024-12-06T00:00:27","date_gmt":"2024-12-06T05:00:27","guid":{"rendered":"https:\/\/wasteadvantagemag.com\/?p=176222"},"modified":"2025-02-04T16:19:42","modified_gmt":"2025-02-04T21:19:42","slug":"greenwave-technology-solutions-inc-positioned-to-capitalize-on-nucors-lexington-facility-launch-and-record-domestic-demand","status":"publish","type":"post","link":"https:\/\/wasteadvantagemag.com\/greenwave-technology-solutions-inc-positioned-to-capitalize-on-nucors-lexington-facility-launch-and-record-domestic-demand\/","title":{"rendered":"Greenwave Technology Solutions, Inc. Positioned to Capitalize on Nucor&#8217;s Lexington Facility Launch and Record Domestic Demand"},"content":{"rendered":"<p>Greenwave Technology Solutions, Inc., a leader in metal recycling operations across <span class=\"xn-location\">Virginia<\/span>, <span class=\"xn-location\">North Carolina<\/span>, and <span class=\"xn-location\">Ohio<\/span>, is set to benefit from the 2025 opening of Nucor Corporation&#8217;s state-of-the-art steelmaking facility in <span class=\"xn-location\">Lexington, North Carolina<\/span>. The facility&#8217;s staggering 430,000-ton annual processing capacity, consisting of nearly 100% recycled materials, will significantly increase regional demand for recycled steel.<\/p>\n<p>Greenwave stands as one of <span class=\"xn-location\">North Carolina&#8217;s<\/span> largest suppliers of recycled steel, operating five metal recycling facilities and an industry-leading American Pulverizer 60&#215;85 shredder. Greenwave has a proven track record of supporting Nucor&#8217;s operations, supplying its <span class=\"xn-location\">Hertford<\/span> mill with steel for critical applications, including bridges, heavy equipment, and warships vital to American national security interests, including the <span class=\"xn-money\">$13 billion<\/span> USS Gerald Ford aircraft carrier.<\/p>\n<p><em>Key Growth Drivers and Market Opportunities<\/em><\/p>\n<ul>\n<li>Surging Regional Infrastructure Demand: Supported by recent federal investment, the South Atlantic Region is experiencing an unprecedented surge in construction projects, driving demand for recycled metals.<\/li>\n<li>Domestic Market Shift: Greenwave projects 75% of revenue will stem from domestic sales in 2025, up from 41% over the previous four years, as President-elect Trump&#8217;s anticipated tariffs and trade policies reshape global steel dynamics. This transition is expected to result in significant revenue growth and margin expansion.<\/li>\n<li>Sustainability Leadership: Operating 13 strategically located recycling facilities, Greenwave aligns with the growing emphasis on sustainable, domestically sourced ferrous and non-ferrous metals vital to the U.S. defense and infrastructure sectors.<\/li>\n<\/ul>\n<h5><em>To read the full story, visit <a href=\"https:\/\/www.prnewswire.com\/news-releases\/greenwave-technology-solutions-inc-positioned-to-capitalize-on-nucors-lexington-facility-launch-and-record-domestic-demand-302323584.html\" target=\"_blank\" rel=\"noopener\">https:\/\/www.prnewswire.com\/news-releases\/greenwave-technology-solutions-inc-positioned-to-capitalize-on-nucors-lexington-facility-launch-and-record-domestic-demand-302323584.html<\/a>.<br \/>\nAuthor: PR Newswire<\/p>\n<p><\/em><\/h5>\n<div class=\"pull-right inline-gallery-container col-md-8 col-sm-7 col-xs-12\">\n<div class=\"gallery inline-gallery\">\n<div class=\"row\"><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Greenwave Technology Solutions, Inc., a leader in metal recycling operations across Virginia, North Carolina, and Ohio, is set to benefit from the 2025 opening of Nucor Corporation&#8217;s state-of-the-art steelmaking facility [&hellip;]<\/p>\n","protected":false},"author":1792,"featured_media":92317,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_price":"","_stock":"","_tribe_ticket_header":"","_tribe_default_ticket_provider":"","_tribe_ticket_capacity":"0","_ticket_start_date":"","_ticket_end_date":"","_tribe_ticket_show_description":"","_tribe_ticket_show_not_going":false,"_tribe_ticket_use_global_stock":"","_tribe_ticket_global_stock_level":"","_global_stock_mode":"","_global_stock_cap":"","_tribe_rsvp_for_event":"","_tribe_ticket_going_count":"","_tribe_ticket_not_going_count":"","_tribe_tickets_list":"[]","_tribe_ticket_has_attendee_info_fields":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[122,13],"tags":[],"class_list":["post-176222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter-headline","category-recycling-news"],"jetpack_publicize_connections":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Greenwave Technology Solutions, Inc. 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