# Newco Metal and Auto Recycling expands Foxtrap facility

Newco Metal and Auto Recycling Limited is expanding its Foxtrap, Newfoundland and Labrador facility to increase capacity to process cleaner, higher value metals. The project involves a $1 million repayable contribution from the Government of Canada and $1 million from Newco, and will create ten new jobs.

- Type: Expansion
- Announced: 2020-01-01
- Where: Foxtrap, Newfoundland and Labrador, Canada
- Value: $1.50M (2.00M CAD)
- Jobs: 10
- Status: announced
- Products: recycled metals
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Newco Metal and Auto Recycling Limited](https://endata.com/companies/44248.md)

## Sources

- [canada.ca](https://www.canada.ca/en/atlantic-canada-opportunities/news/2020/01/local-company-ingenuity-creates-new-business-opportunities.html), 2020-01-01: "Newco will increase efficiency at its Foxtrap facility by adding office space and a new computer system that will integrate all locations and provide real-time data."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.