Greenwave Tech Solutions Inc (GWAV)

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Second Automotive Shredder at Greenwave Expected to Materially Increase Carrollton Facility's Revenues Beginning in Q4 2023

2023-09-28 09:37 ET - News Release


Additional Shredder to Double Greenwave's Ferrous Metal Processing Capacity

Greenwave Poised to Expand to 20+ Metal Recycling Facilities

CHESAPEAKE, Va., Sept. 28, 2023 /PRNewswire/ -- Greenwave Technology Solutions, Inc. ("Greenwave" or the "Company") (Nasdaq: GWAV), a leading operator of metal recycling facilities in Virginia, North Carolina, and Ohio, today announced that it expects its second automotive shredder to materially increase its Carrollton facility's revenue in Q4 2023. The Company's second automotive shredder will double Greenwave's ferrous metal processing capacity and facilitate its planned expansion to more than 20 metal recycling facilities in the coming months.