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GARB news:

Garb Begins Construction Planning on First Indiana Plant
01/17/2012
Garb-Oil & Power Corp. meets with numerous government officials to advance its project in the state of Indiana. The Indiana project, which is in conjunction with an EB-5 program managed by its financing partner, ACG, is dedicated to provide approximately 100 jobs directly at the facility and up to 600 jobs due to the plant's economic benefit to the region. The regional government continues to assist the Company with the development. This particular region has lost many jobs due to automobile industry plant relocations. GARB is committed to work with the community to transfer the valuable e-Waste from entering region's landfills and mine the products for commodities. Each location is designed to process approximately 55 Million pounds of e-Waste each year, able to produce EBITDA earnings in excess of $10 million annually. The company is working with the region government and ACG to erect up to 7 of these plants in the economically depressed area. Garb expects to expand the operation to neighboring states.

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