—The $2 Million, Recycling Facility will be first of its kind in Georgia—
MBA Waste Services LLC started work in early November on its new Materials Recovery Facility (MRF) at a site off Roosevelt Highway in Union City, Georgia. The facility, on an eight acre tract, will include a 41,000 square-foot industrial building, a sorting system to separate materials that are being recycled as well as a “reduction grinder” to prepare materials for other end uses.
The MRF complex, set to go operational in early 2011, will be the first permitted recovery facility for construction materials within 250 miles of Atlanta, according to Ken Mitchell, President/CEO of MBA Waste Services. “We will be able to recycle concrete, wood, metal, paper and plastic as well as carpet at the facility,” he added.
Ken, and his wife Carol, company secretary, were able to use a $2.1 million SBA 504 Development Loan to finance their new recycling facility in south Fulton County. The Mitchells were able to save over $19,000 in fees which were waived under provisions of the Small Business Jobs Act which recently became law.
The Mitchells said another advantage of their 504 loan were the smaller yearly repayments since these are spread over a pay-back schedule of 20 years.
The 504 Loan, which will help create 25 new jobs over the next 12 months, is a combination of $1.1 million in funds from the Bank of North Georgia and another $949,000 provided by the Economic Development Corporation, a SBA Certified Development Company (CDC) in Gainesville. About 10 percent of the 504 package came from the borrower. The funds from the CDC are generated from SBA guaranteed debentures sold on the open market.
A major reduction in dumping fees is another upside to the Mitchell’s new recycling facility. “We expect to save over $30,000 a month by not having to pay to dump waste materials in city landfills as well as the recovery income we will generate from our recycled materials.” said Ken. “We already have markets developed for our recycled materials,” he continued. “And some of these will be exports to other countries.”
The Mitchells expressed thanks to both the Mayor and the City Council in Union City for their help in getting certification from the state for their recycling site.
MBA Waste Services was started in 2007 with services that include portable toilets, roll-off dumpsters, waste water holding tanks and wash stations. It has quickly grown to one of the largest portable toilet companies in metro Atlanta. The division operates under the name of “Big John’s and uses a sophisticated GPS system to track its commercial toilets and roll-off containers.
In its new venture, MBA Waste Services will have commercial customers in metro Atlanta as well as in Augusta.
The company takes part in the LEED (Leadership in Energy and Environmental Design) program. Through a LEED designation, the company is able to generate end-user certificates that are given to its customers as required documentation for green tax credits.
Taking an idea and running with it lies at the heart of the MBA Waste Services operation. It all started in 2007 with a phone call from the Mitchell’s son Josh, a graduate of Auburn University’s Master of Business Administration program. He told his parents about his idea for a waste management business in Atlanta and their agreement took the form of a major commitment, involving his father leaving the financial services industry in Jasper, Alabama and moving with his wife to a new career in Georgia.
Today, Josh is the operations manager for the company. Their other son, Victor, is a sophomore at Auburn, majoring in Entrepreneurship and small family business. He plans to join the company after graduation.
Ken and Carol Mitchell, owners
MBA Waste Services LLC
P.O. Box 725
Acworth, GA 30101-0725
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