• Groundbreaking on a new $100 million copper and copper alloy recycling facility.

• Creation of up to 75 quality jobs for local residents, with more planned for the future.

• Recycling center pays tribute to Wieland's commitment to sustainability and carbon neutrality.

LOUISVILLE, KY / ACCESSWIRE / June 30, 2022 / Wieland broke ground for a new recycling facility in Shelbyville, Kentucky, on June 29, 2022. The Governor and other elected officials, partners of the projects, neighboring businesses, as well as area schools, and employees participated in the event. The facility was announced in May 2021 and is located on 79 acres off McConnell Way in Shelby County.

The ceremony acknowledges Wieland's growing presence in Kentucky - the North American headquarters are in Louisville and the recycling center will be its first manufacturing facility in the state. The endeavor will introduce up to 75 new jobs into the local community. The plant will melt and recycle copper and copper alloy scrap for use in manufacturing semi-finished products for customers throughout North America.

"Last year, we welcomed Wieland's announcement of a new headquarters to the Commonwealth as well as the company's first production facility in our state," Kentucky Governor Andy Beshear said. "Today, I am thrilled to join Wieland and local leaders to break ground on an incredible opportunity that will further Kentucky's economic momentum and provide quality jobs to our residents. This investment is another important piece in Kentucky's unprecedented economic growth, and I can't wait to see the success Wieland has here in the Commonwealth."

Wieland delivers on its commitment to sustainability, recycling leadership, and advancement toward a circular economy and carbon neutrality with the $100 million investment. The facility in Shelbyville, Kentucky, will leverage the latest and most efficient technology. By investing in a recycling center in Shelbyville and acquiring the US recycling specialist Totall Metal Recycling in Granite City, Illinois, in April 2022, Wieland is expanding its market leadership in the US.

"Wieland is excited to grow its footprint in the Commonwealth of Kentucky," stated Matt Bedingfield, President of Wieland North America Recycling and Senior Vice President of Global Metal Supply. "The incredible support from Governor Beshear, as well as county and local leaders, has been instrumental in our progress to this point. We very much look forward to becoming a part of the Shelbyville community and strengthening our presence in the state."

From left to right: Phil Moody, Lee Davis, Kristin Young, Matt Bedingfield, Joseph Stutz, Jason Armstead

From left to right: Matt Bedingfield, Governor Andy Beshear

From left to right: Phil Moody, Gregg Wassmansdorf, Lee Davis, Kristin Young, David Eaton, Ray Leathers, Matt Bedingfield, Honorable Dan Ison, Joseph Stutz, Cary Vowels, Brittany Cox, Chris Carroll, Brad Thomas, Jason Armstead

About Wieland

Wieland is one of the world's leading suppliers of semi-finished copper and copper alloy products. With a global network of production sites, service, and trading companies, the company offers a broad product, technology, and service portfolio. From prototype to series production, Wieland develops solutions for automotive, electronics, refrigeration, air conditioning, and other industries. Wieland uses high-performance copper materials to drive the success of its B2B customers in future-oriented fields such as electromobility, connectivity, and urbanization. High technical competence, customer-oriented thinking, and sustainability determine their actions and have been the basis of the company's success since 1820.

Wieland in brief

Headquarter Graf-Arco-Straße 36 | 89079 Ulm | Germany

Facts *1820 in Ulm, Germany | Sales: 748 kt | Turnover: appr. € 5.4 bn | Locations: 80 | Employees: appr. 8,000 [FY20/21 figures of the Wieland Group]

Executive Board Dr. Erwin Mayr, CEO | Gregor Tschernjavski, CFO

Chairman of the Supervisory Board Fritz-Jürgen Heckmann

For further information, please contact

Wieland Group

Adriana Williams | Vice President Marketing & Communications Graf-Arco-Straße 36 | 89079 Ulm | Germany P +49 152 28403220 | adriana.williams@wieland.com

Wieland Group

Matt Bedingfield | President, Wieland Recycling North America 4803 Olympia Park Plaza, Suite 3000 | Louisville, KY 40241 | USA P +1 502 640 7220 | matt.bedingfield@wieland.com

wieland.com

SOURCE: Wieland