Van Dyk to build 50-tph MRF for JLT Recycling in D.C.

Jerome L. Taylor Trucking, Inc. successfully closed on a $75 million syndicated financing agreement, allowing the company to expand recycling infrastructure in the Washington, D.C. metropolitan area. 

Led by Flagstar Bank, with WesBanco as a participating lender, the financing will support several strategic initiatives, including the development of a new 50,000-square-foot materials recovery facility, a planned solid waste transfer station, and additional investments to expand JLT's operations and capabilities.

Increased recycling capacity in Washington, D.C. will accommodate up to 2,000 tons of waste per day 

JLT's planned recycling facility will incorporate advanced sorting and baling technology designed to process up to 50 tons per hour. The solid waste transfer station is expected to provide 24-hour access and capacity of up to 2,000 tons per day, strengthening regional waste and recycling infrastructure while supporting JLT's continued expansion.

The financing provides growth capital to support the construction of JLT's 50,000-square-foot materials recovery facility, and advance other growth initiatives and strategic projects, including a planned solid waste transfer station.

"This closing brings to fruition a lifelong dream that began with my father in 1970," said Jerome L. Taylor, president, CEO, and Founder of Jerome L. Taylor Trucking, Inc. "He built this business on hard work, dependable service, and a commitment to the people and businesses of Washington, D.C. Today, our team is carrying that vision forward on a scale he could not have imagined more than five decades ago. This financing gives us the resources to build modern recycling and transfer infrastructure, continue growing our collection business, create opportunities for our employees, and invest in the communities that have supported JLT from the beginning. I am grateful to Flagstar for believing in our vision and to WesBanco for standing with us for more than 20 years."