Sortera wants to 'unlock the scrap' with new funding, second sorting plant

Sortera Technologies is working to advance technology to overcome one of the big challenges in scrap: accurate, low-cost sorting to make that material more useful and to keep it from being shipped overseas.

The Markle, Indiana-based company recently announced the close of $45 million in funding and plans to fund a second processing facility in Tennessee. Sortera has a plant in Markle and a research facility in Austin, Texas.