Preparing video...
0:00 / 0:00
How the scrap metal recycling business works.
12,198 views
My father Jeff Solomon taught me a lot about business. I was meeting with one of my clients near his office, and came to see my old man. Here is a small tour of his plant. Enjoy.
Categories:Education/Career
Comments
Transcript
Auto-generated transcript. Not time-synced to the video.
I was in the area my father's company is
my father Jeff Solomon and I wanted to
show you guys a little tour of his
business this is where I learned 90% of
my business skills is right here under
this man so dad why don't you give us a
little tour and show us what you're
about wow that's a lot of credit I
really appreciate that
all right so let's go let's go around
and I'll show you some of the different
materials that were these materials here
believe it or not are drilling heads
that are used in the mining industry and
those holes that they drill to get those
metals that you need to make your
television sets and make your cutlery
and make your cars start out as a hole
that's drilled by these type of machines
will extract tungsten carbide out of
them we'll be able to recycle the steel
and instead of this stuff just ending up
in a field somewhere in behind a mind
that somebody forgot about this stuff
will be converted into usable products
that will help reduce the carbon
footprint of our planet very very
important recycling why don't you show
is the final product on the other side I
will show you a final product
yeah how do you start this business I
actually started I had a friend of mine
that father was in the business and he
took me on as a helper he needed some
manual labor and I just enjoyed the work
so much and I he just enjoyed seeing the
machinery and meeting the people and and
and I really just felt very blessed to
be able to help out my environment my
environment of life I've been a recycler
since I'm 18 years old I'm 64 years old
I was recycling before anybody knew
really what undistorted recycling was
and and every time that we save a pound
is a pound is one pound of metal can be
2,000 pounds of soil that has to be
disturbed just to end up with 1 pound of
metal we have it right here it's on the
floor this is the final product about
you're just showing us yeah these these
these nuggets that you see here are the
Nuggets that were extracted out of that
big steel head that you saw it's a very
complicated process but prior to us
doing this type of work people were just
taking this and they were selling at his
regular scrap steel but the tungsten is
is a strategic metal and it's very very
hard to come by and we don't want we
don't want foreign countries controlling
the amount of strategic metals that we
have when we have a goldmine right here
so why not take advantage of it and how
much is this material worth this
material is worth approximately $10 a
pound and you have roughly 3,000 pounds
sitting on that pallet very nice so that
small pallet is 30,000 pounds $30,000 of
material and if you had to mine this
material you would probably have to
displace 50 60 thousand tons of the
planet to end up with that material and
here all we have to do is just pull it
out of those steel shells nice and clean
no smoke no co2 discharge and reduce
carbon footprint well dad thank you so
much for the tour of your business
please vote in the comments below
whose presentations you like better
you'd appreciate it