Facility investments equip PMR to achieve five-day turnaround for catalytic converter recyclers
PMR Inc. has invested in new machinery and renovations across all its facilities. These upgrades are aimed at updating PMR's converter recycling process by offering a 5-day turnaround for converter recyclers.
By investing in upgrading each of its facilities over the next 12 to 18 months, PMR says that it is embracing market realities and leveraging lower industry volumes to focus on top-tier machinery upgrades.
Building on the success of the initial research and development phase at their Mirabel facility, PMR will further upgrade its remaining facilities. Suppliers can anticipate faster processing and upgraded hedging opportunities.
"This substantial investment in cutting-edge machinery and facility renovations is a testament to our unwavering commitment to our suppliers' success," says Chrysten Newton, marketing director at PMR. "By harnessing the current market conditions, we are refining our processes and equipping our partners with the necessary tools to thrive. When the market rebounds, PMR will be more prepared than ever."
PMR's facilities will not undergo simultaneous upgrades and material may be centralized at already finalized locations to maintain shipping and processing efficiency.