Riverside Engineering

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New Megashredder ® to be Built at Upstate Shredding on ‘Round-the-Clock' Schedule San Antonio, TX, (October 3, 2010) —Riverside Engineering today announced that it will begin installation of a new model M-122 Megashredder ® at Upstate Shredding LLC in Owego, New York commencing on November 26. The initial phase of the installation is scheduled to occur over eight days with Riverside 's field staff and local trades working in shifts, 24-hours a day to complete the project. “What usually takes several weeks in our industry for this work will be done in days. Upstate's yard is one of the busiest in the country. By completing the new in-feed roller conveyor system and downstream ferrous metal separation system quickly we will cause minimum disruption allowing shredding and processing to continue as usual while we work, ” said Rusty Manning, Riverside's Director of New Equipment Sales. A second phase that includes the shredder section will be installed in February also on a similar expedited schedule. Custom built for Upstate, the Riverside M-122 has a rotor diameter of 122 inches, it is among the largest shredders in the world and the highest capacity currently on the market. It can process up to 400-tons of ferrous material per hour, uses 1,000 pound hammers, and can ingest the largest vehicles on the road today including 18-wheel tractors and trailers and buses. Designed to accommodate a 10,000 hp motor, the M-122 represents the latest advancements in machine automation and computer controls for maximum processing efficiency, safety, noise reduction and energy conservation. The new in-feed system is a steel-belted conveyor that delivers raw scrap metal into the feed chute of the shredder. The new downstream and ferrous metal separation system consists of fourteen conveyors and six SGM 72 x 110 inch electromagnetic drum units. Two of these are specialized polishing drum magnets that retrieve electric motors and steel that is contaminated with other materials such as waste or copper. Adam Weitsman, president of Upstate Shredding-Ben Weitsman & Son commented on the project: “We are a rapidly expanding company investing in the best available technology upgrades, but at the same time our Owego facility must continue to operate seamlessly to process the growing volume of metals arriving from our customers and feeder yard operations. We look forward to a smooth transition from our present shredder to the new M-122. ” This upgrade to the facility is one hundred percent debt free. When the switch-over to the M-122 occurs, the currently operating Newell 120-inch shredder will be available on the used equipment market. “We have worked with Adam Weitsman, president of Upstate for many years. It brings us a lot of satisfaction that Adam has faith in Riverside Engineering to do a quick installation and make a major change over without causing problems. We are proud to make this positive contribution to his operation, ” said Jim Olson, co-owner of Riverside. Upstate Shredding is the largest privately held scrap metal company on the East Coast and one of the fastest growing according to a recent ranking in Inc. Magazine.

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