NEW YORK, NY--(Marketwire - July 22, 2010) - Wolfe Creek Mining, Inc. (
The company's trading symbol will not change. Its first recycling plant to be built in Wisconsin is currently scheduled to break ground in 3rd quarter 2010. The "green" facility, which will not produce hazardous waste or emissions, will run at a 100,000 ton per year capability. In connection with established key industry partners, Green EnviroTech also plans to use the facility to turn recovered plastic into high-value compounded resins and an energy product, sweet crude oil.
"Our senior management team looks forward to continuing to deliver value to our customers with our unique approach to addressing the growing waste reduction and recycling issues," said Gary DeLaurentiis, CEO, of Green EnviroTech. "Our name change symbolizes our leadership position in the development and commercialization of green technologies."
About Green EnviroTech Holdings Corp.
Green EnviroTech Holdings Corp. is a recovery, cleaning, and plastics recycling company which constructs large scale, plastic recycling operations near automotive shredder locations nationwide. The company has developed strategic partnerships with metal recycling companies and plans to leverage both its patented and patent pending recycling and manufacturing processes to produce compounded, resins for applications in specific manufacturing processes, primarily focusing on automotive and durable goods applications and the production of sweet crude oil. It recently completed a reverse merger with Wolfe Creek Mining, Inc. (
For more information, please visit: http://www.greenenvirotech.com
Contact Information:
Contact:
Green EnviroTech Holdings Corp.
ir@greenenvirotech.com
212-803-8161