A Delaware County company that turns old glass into a stone-like product for construction projects raised $10 million to open a second facility outside the region, writes Michelle Caffrey for the Philadelphia Business Journal.
Eddystone-based AeroAggregates turns recycled glass, often an undesirable product on the recyclables market that municipalities struggle to dispose of, into lightweight foamed glass aggregates (FGA) that can be used in infrastructure projects.
FGA has been used in Europe for decades. It is non-combustible, non-absorbent, free-draining and resistant to chemicals, rot and acid making it useful as backfill, insulation layer, bridge abutments and numerous other applications.
Its FGA is already being used for projects along I-95 in Philadelphia.
AeroAggregates announced in January it had installed a second kiln at its facility, formerly the Baldwin Locomotive Works, allowing it to double production and meet growing domestic demands.
The product, in development for eight years, has been so successful that now a second facility is needed to reduce shipping times and costs to places from Maine to North Carolina, said CEO Archie Filshill.
“We’re an eight-year overnight success,” Filshill said.
Filshill said the company’s narrowed the second location to three possibilities.