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New Businesses And Jobs Headed To Riverbank
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More jobs are headed to Riverbank due to the efforts of the Riverbank Local Redevelopment Authority and Green EnviroTech, a recovery, cleaning, and plastics recycling company.

The planned 50,000-square foot recycling facility is scheduled to open in early 2011 at the former Army Ammunition Plant at 5300 Claus Road. It is the first ever recycling plant in Riverbank.

"We are extremely pleased to bring patented technology to our first plant in Riverbank," said Gary DeLaurentiis, CEO of Green EnviroTech. "Green EnviroTech is excited to become part of the community and help bring local jobs to the area. We look forward to being a part of the neighborhood making a difference in today's environment."

Green EnviroTech conducts large-scale plastic recycling operations nationwide and is moving its company headquarters to Riverbank from Fond Du Lac, Wisconsin in anticipation of the first plant's opening. The company has developed partnerships with metal recycling companies and plans to leverage its recycling and manufacturing processes to produce compounded resins.

DeLaurentiis estimated that the plant's first year will produce more than 50 jobs followed by more than 75 jobs the following year.

"We're very excited to work here," he said.

One of the plants first functions, DeLaurentiis said, will be to collect agricultural film - the large plastic sheets used to cover crops for fumigation or weather protection - and reprocess them into hard plastic.

The arrival of Green EnviroTech is the result of the work of the Riverbank Local Redevelopment Authority, which made alliances with Cal-Recycle, a group that provides grants and loans to companies with "green" business practices.

Debbie Olson, executive director of the Riverbank Local Redevelopment Authority, met with Cal-Recycle and promoted the Army Ammunition Plant. Three other green-energy businesses that would also bring additional jobs to the area are expected to move into the plant and are waiting on permits.

"We are thrilled with Green EnviroTech and to have them here. Mr. DeLaurentiis is a leader in the green field and has been more than an asset and tenant," Olson said, noting that DeLaurentiis was instrumental in locating additional companies to consider doing business with the city.

The Riverbank Local Redevelopment Authority is a self-sufficient funded department that is grant- and lease-revenue generated. It does not draw from the city's general fund. The LRA also supports staff in the Planning Department, City Clerk's Office, Community Development Department and Economic Development Department.