N.Y.-N.J. Port Authority signs lease with paper recycler

N.Y.-N.J. Port Authority signs lease with paper recycler The Port Authority of New York and New Jersey authorized a seven-year lease with Giordano Recycling LLC, part of Waste Management, for about 91,855 square feet of warehouse space at Port Newark for use as a facility to handle wastepaper and other recyclable materials.
   Port Commerce Director Richard M. Larrabee explained that Girodano had been operating under a sublease in a facility whose lease had expired.
   The company, which employs about 45 people, generates about 4,000 to 5,000 containers of cargo. Waste paper is one of the leading exports from the Port of New York and New Jersey. The company has invested about $9 million in equipment in recent years, Larrabee said.
   Plant manager William Lehman said this equipment is used for sorting paper and for baling it before loading into containers and trucks. He said the company obtains paper from New Jersey from commercial and also some residential sources.
   Much of the paper is shipped to mills in countries such as China and Indonesia, but Lehman said the company also sells paper to U.S. mills.
   In 2006, wood pulp, which includes waste paper, accounted for 2.88 million tons of export cargo from the Port of New York and New Jersey, more than four times as much as the next commodity, plastics. The port exported 212,674 TEU of paper and paperboard, much of which was waste paper.