# AeroAggregates receives $24M investment for expansion

AeroAggregates LLC announced a $24 million investment from Valterra Partners LLC to add a third production line at its Eddystone plant and open new plants in New England and a Southeastern state in 2020.

- Type: Investment
- Announced: 2020-01-28
- Where: Eddystone, Pennsylvania, United States
- Value: $24.0M
- Starts operating: 2020
- Status: announced
- Capacity: 150% increase in current capacity; each kiln processes about 32,000 tons of mixed glass per year
- Products: foamed-glass aggregate
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [AeroAggregates](https://endata.com/companies/36711.md)
- [Valterra Partners](https://endata.com/companies/44831.md) (investor)

## Sources

- [inquirer.com](https://www.inquirer.com/business/aeroaggregates-glass-recycle-expands-new-investment--20200128.html), 2020-01-28: "When we started this, we had a growth plan in place, which was to get the Eddystone plant up and running, get some market acceptance, and then over time start to build out other facilities to expand the footprint."

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