Archives for Community

Allmetal Recycling sponsors Wichita State’s business plan competition

Additional sponsors are helping Wichita State University to up the ante with its retooled business plan competition.

Seven new sponsors are helping WSU to nearly double the amount of prize money that will doled out, Lou Heldman, interim director of WSU’s Center for Entrepreneurship, tells me.

He expects the prize pool to be about $30,000 this year, up from $16,000 in 2013.

Wichita State’s business plan competition, now called the Shocker New Venture Competition, judges teams on their business plan or product design. But this year organizers wanted to emphasize the creation of businesses that are scalable and could create jobs to fuel the state’s economy.

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Allmetal Recycling gives to Salvation Army

Posted Jan. 25, 2015 at 2:00 AM
Newton, Kan.

Allmetal Recycling became a part of the Newton community about a month ago and wanted to find a way to give back to the community.

The Wichita-based company acquired Auto Castings Recovery Co. — formerly owned by Paul and Linda Welsch, at 401 W. First St. — and has operations in Wichita and the surrounding communities.

The company made a commitment at a Chamber breakfast to make a minimum donation of $1,000 to the community Salvation Army, donating $.10 a pound for every pound of aluminum cans they purchase from customers in January.

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