LITTLE ROCK, Ark. (TB&P) — A newly opened plant in North Little Rock will produce recycled materials that will be used to build new Toyota vehicles.

Officials with Toyota Tsusho America and Alter Trading Company were on hand along with Gov. Asa Hutchinson and local officials Wednesday to celebrate the opening of a new Altec Recycling plant. The plant started operating in September and will employ about 25 people at full strength.

The $20 million plant came into existence after the St. Louis-based Alter Trading Company, a scrap metal company, acquired the Arkansas-based Tenenbaum Recycling Group’s eight facilities three-and-a-half years ago. Tenenbaum had been established in 1890.

Altec Recycling is the result of a partnership between Alter and Toyota Tsusho America, a Toyota supply chain manager with 11 other recycling operations in the United States and additional locations in Canada and Mexico.