Texas shipyards to build ships of $300M worth of scrap metal

Chico, Texas (AP) Chico Shipyards plans to build more than 300,000 pieces of scrap aluminum, steel, aluminum, glass, ceramic, glassware, metalworking equipment, machinery and other materials that will be sold to businesses and consumers in Texas, the company said Tuesday.

The company says the scrap metal will be used to build homes, businesses, buildings, factories and other industrial facilities.

It says it will also use the scrap to repair homes, build new homes and repair businesses that need the scrap for new or refurbished equipment.

Chico Shipbuilders plans to ship about 4 million pieces of aluminum, aluminum alloy, glass and ceramic products, including aluminum bars, aluminum wheels, aluminum plumbing pipes, and aluminum tubing.

The scrap aluminum will be shipped to the Texas Shipyards and Iron Works, a facility in Chico that assembles ships.

The company also plans to create a scrap recycling facility in the state.

Chicopee Ironworks and the Chico Metal and Metal Processing Plant will operate the scrap recycling facilities.

Chico Ironworks, which is owned by a Chinese conglomerate, is a supplier of scrap for ships.