MSRT - MassRoots subsidiary Empire acquires Virginia Beach metal recycling facility

MassRoots (OTCPK:MSRT) announces its wholly-owned subsidiary, Empire Services has acquired its 11th metal recycling facility, located in Virginia Beach, VA. It is one of only two scrap yards in Virginia Beach, the largest city in the state with a population of 450,201 people, and is expected to open under Empire management on or around October 18, 2021. Company expects the facility to be busiest locations in both revenue and recycling volume. “We believe the metal recycling industry is ripe for consolidation. Through the roll-up of independent, profitable scrap metal facilities, we expect to aggressively grow Empire’s revenues. I expect this will be the first of many acquisitions we close as we work to create significant shareholder value.” stated Danny Meeks, Chairman and CEO.

For further details see:

MassRoots subsidiary, Empire acquires Virginia Beach metal recycling facility