Toxco Inc. is Awarded 9.5 Million from DOE to Support U.S. Lithium Battery Recycling

August 14, 2009

Toxco Inc., is pleased to announce that it has been awarded 9.5 million dollars from the Department of Energy to expand their current battery recycling operations in Lancaster, Ohio.

ANAHEIM, CA, August 14, 2009 /24-7PressRelease/ -- Toxco Inc., is pleased to announce that it has been awarded 9.5 million dollars from the Department of Energy to expand their current battery recycling operations in Lancaster, Ohio.

Toxco plans to build and operate an advanced lithium battery recycling facility at their existing Lancaster, Ohio site. The new plant will be built to support the battery recycling infrastructure that will be needed with the growth of hybrid and electric vehicles in the United States all of which use large format rechargeable batteries. The entire management is excited about the future of the Company.

"Toxco is excited to have been chosen by the Department of Energy" said Todd Coy, Executive Vice President of Kinsbursky Brothers, Inc., Toxco's parent company. "As the U.S. hybrid vehicle market continues to grow, Toxco will provide end of life management and recycling of these advanced batteries in a safe and environmentally sound manner."

"This new plant will bring in more employment for the Lancaster area, as well as allow us to continue to recover renewable resources, such as Nickel and Cobalt, for use in the manufacturing of new batteries for the U.S. market." says Ed Green, VP of Ohio operations for Toxco.

Green continued, "The new plant represents growth for our group of companies" and noted "Toxco's Trail, BC facility will continue to provide lithium battery recycling services to their existing customers; this plant will focus on the emerging battery market."

As the society grows more and more environmentally conscious, Toxco's services and technology will become more and more attractive. The Award came at a time that will allow Toxco to prepare to cater to larger market demands.

Toxco is currently the only facility in North America with the capability to recycle both primary and secondary lithium batteries. Toxco's existing lithium battery recycling operation is located in Trail, British Columbia.

Additionally, Toxco manages two battery recycling operations in Ohio. The Lancaster, Ohio facility currently processes large format lead acid batteries, as well as nickel metal hydride batteries used in the current population of hybrid and electric vehicles.

This facility is also only one of two technologies in North America that can recycle nickel cadmium batteries, which is a common consumer type of rechargeable battery. The recovery process used in Lancaster for the nickel cadmium batteries is deemed to be a "Best Demonstrated Available Technology" per US EPA.

Toxco has been operating since 1984. Its recycling facilities are able to recycle many different types of batteries. The technologies used have been approved by the Federal Government. All local and state agencies are welcome to use its facilities.

For additional information about Toxco or to learn more about battery recycling please go to:
http://www.toxco.com or
http://www.biggreenbox.com

Contact Todd Coy
Executive Vice President
Kinsbursky Brothers, Inc./Toxco Inc.
949-310-080

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