Aluminz Corporation, a Texas-based innovator in sustainable aluminum processing, has announced plans to construct the first zero-landfill aluminum tolling facility in the United States. With unanimous approval from the Mount Pleasant City Council and the Mount Pleasant Economic Development Corporation (MPEDC), the company has secured a 155-acre site and signed a 30-year lease and performance agreement to support long-term operations. Aluminz is a portfolio company of New York-based investment firm 1V1sion Capital.

The planned new Aluminz zero-landfill aluminum tolling facility will recover high-grade secondary aluminum from dross and scrap with over 90% fewer emissions than traditional methods. (Photo courtesy of Aluminz)
The project is expected to create more than 130 full-time, above-market-wage positions across operations, maintenance, and administration, along with 75 skilled construction roles. Site preparation is scheduled to begin in Fall 2025, with groundbreaking planned for Q4. Commercial operations are anticipated to start between mid- and late-2027.
“This initiative isn’t only good for Titus County and Aluminz; it will help drive growth for a wide ecosystem of partners and customers,” said Richard Mayenknecht, CEO of Aluminz. “Our ability to cost-effectively meet the needs of businesses in the region and beyond will power a wide range of enterprises. Aluminz is proud to partner with MPEDC to make it happen.”
“Our customers are our partners. Whether they generate white dross, black dross, or scrap, we help them recover aluminum, close the loop, and meet aggressive sustainability targets,” added Larry Harmon, COO of Aluminz.
The Aluminz facility will operate as a tolling site for aluminum dross and scrap recovery, offering producers a cost-effective and environmentally sustainable way to generate high-grade secondary aluminum. The plant will feature advanced aluminum recovery systems with a projected capacity of 140,000 metric tons per year. Its proprietary process is expected to divert approximately 60,000 metric tons of material annually from landfills.
Key environmental features include a zero-landfill design, best-in-class emissions control systems, and an on-site 7.5 MW solar energy array. Compared to traditional secondary aluminum producers, the Aluminz model is expected to reduce greenhouse gas emissions by more than 90%.
The Mount Pleasant site offers direct rail access to Union Pacific (UNP) and Canadian Pacific Kansas City (CPKC) networks via NETEX Rail, as well as proximity to Interstate I-30. In collaboration with local technical colleges, Aluminz will also invest in workforce training programs to support skilled labor development and long-term economic growth in Titus County.
“Our motto has become ‘land here, grow here,’ and today we are excited to welcome Aluminz to Mount Pleasant, Texas,” said Erman Hensel, Board President of MPEDC. “This announcement represents a major milestone in Mount Pleasant’s continued efforts to attract new investment and support job creation. The addition of Aluminz further positions Mount Pleasant, Texas, as a place where businesses can grow and succeed.”
The project is backed by 1V1sion Capital, whose investment will help establish a scalable model for clean, circular aluminum production in North America.
“We are pleased to partner with industry veterans and forward-thinking leaders to help solve the aluminum industry’s landfill problem without compromising on value recovery,” said Patrick Yeghnazar, Managing Partner of 1V1sion Capital. “Richard and Larry bring decades of aluminum, sustainability, and infrastructure experience to the table, and this facility reflects that commitment to innovation and execution.”
About Aluminz
Aluminz is North America’s first zero-landfill aluminum recovery company. Through its tolling model, Aluminz enables producers to convert dross and scrap into high-grade secondary aluminum while drastically reducing carbon emissions. Headquartered in Texas, Aluminz is creating scalable, circular solutions for the global aluminum industry.
About 1V1sion Capital
1V1sion Capital is a New York City–based investment and investment banking firm focused on generating transformative growth for its portfolio companies and partners. Learn more here.
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(Editor’s Note: All trademarks mentioned in this article, including company names, product names, and logos, are the property of their respective owners. Use of these trademarks is for informational purposes only and does not imply any endorsement.)
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