COLUMBUS, Ohio (WCMH) — A $50 million recycling campus is coming to Columbus.

Rumpke Waste and Recycling made the announcement at 10:30 a.m. at its East Fifth Avenue location in Columbus.

According to the company, the new campus will be the fifth largest and most technologically advanced recycling facility in North America.

The recycling campus will be built on 25 acres of land on Joyce Avenue on the city’s east side. It is expected to open in 2024.

“Rumpke’s commitment also creates new high-tech jobs,” a statement from Rumpke said. “The new campus also will feature a unique research and development initiative and educational opportunities making Rumpke, Columbus and Ohio national leaders in the green economy.”

Rumpke Waste and Recycling Area President Andrew Rumpke was joined by Ohio Lt. Gov. Jon Husted, Columbus Mayor Andrew Ginther, Columbus City Council President Shannon Hardin, and other state and city leaders during the announcement.

One of those officials was Dr. Frederick Bertley, president and CEO of COSI, which is partnering with Rumpke to help get a younger audience excited about recycling.

“And why is this incredible? Because not only is this dealing with one of the most important things that’s impacting our times on the planet by climate, i.e. recycling, but they are also thinking about how to engage the community for possible jobs, for education, for experiences,” Bertley said.

Rumpke said the new campus will process 50 tons of recyclable material per hour, up from 30 tons at its current facility.

The new recycling center is just the latest investment being made by companies in central Ohio. In addition to the new Intel manufacturing plant set for New Albany, hydrogen-electric tech and transportation company Hyperion will move its global headquarters to west Columbus in 2023.