Last September, a fire destroyed EnvironCom's former facility on Houghton Road. The company now plans to open a new facility on a different site in Grantham, which will have CCTV so the site can be monitored at all times.
It will again reprocess a wide range of products including large and small household items, consumer equipment and IT and telecommunications equipment as well as fridges and freezers.
EnvironCom technical executive Jeff Weeks said the company was in a position to move forward with plans for a bigger and better facility in Grantham that would be designed in line with the highest health and safety requirements.
Subject to planning application approval, the new facility could be operational by summer, creating around 150 jobs.