News Article

TPL Inc. awarded $3M to recycle ammunition supplies
Date: Jul 31, 2002
Author: Heather Harrison
Source: bizjournals ( click here to go to the source)

Featured firm in this article: TPL Inc of Albuquerque, NM



Albuquerque-based TPL Inc. has been awarded $3.057 million from St. Petersburg, Fla.-based contractor General Dynamics Ordinance and Tactical Systems to recycle conventional ammunition supplies.
The $3 million is the fourth installment of a five-year contract with General Dynamics, and 70% of the total amount awarded to General Dynamics by the U.S. Army. The rest of the award will go to Vogelgesang, Germany-based technology firm EBV-MBH, and ICI-Explosive Environment Co. of Joplin, Mo.

Paul Bryan, vice president and general manager of TPL's defense systems division, says the company will use the funding to recycle the munitions supplies at its 1,200-acre recycling plant in Ft. Wingate, N.M., just outside Gallup. The company will then turn them into conventional products, such as commercial blasting gel, for the mining industry.

The German firm will use its funding to defuse the devices, which will then go to TPL to be recycled. Parts that TPL can't recycle, such as fuses and detonators, will go to ICI's incinerator in Missouri.

Bryan says as a result of the recent award, TPL will hire 10 more employees in the next two months at the Ft. Wingate plant to assist the 25 people currently employed at the facility.

TPL Inc., founded in 1992, is a technology development and commercialization company. It employs 15 people at its Albuquerque headquarters.