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:Vice President, Financial Advisor (519) Sasâ€"668e M‘..n .I" The cold, hard facts about starting your own business Do you have a question about investing your money wisely) Write to Brian Vickers clo Waterioo These reports have been written by experts, and are both thorough and &nihd.hnmhmmndudw“\’ Retirement and Estate planning has grown to become one of the most important areas of our work here at Midland Walwyn Capital Inc: To assist our clients in better understiinding some of the key issues, we hive Estimating the Costs of Settling Your Estate, Structuring Your Estate to Rednce Probate Fees, Creating Retirement Income from your RRSP, to name a few. If any of these A‘ wookly series from Brian Vickers, Midland Walwyn. are of concern to you free copies of these reports we pay him a small fee and pick it up and recycle it into usable plastic pellets." Operating seven days a week, the husbandâ€"andâ€" wifeâ€"owned company with a small staff is turning out between 30,000 to 35,000 pounds of plastic pellets weekly in the 5,000â€"squareâ€"foot factory. The plastics are sold to companies who either use the raw recycled y eemmnt e _ _0 "We don‘t believe that there‘s a David and Collette Schiebel, owners of Rave Custom Grinding inc. breakdown of the plastic if it‘s . in Waterloo, are the Chamber of Commerce of Kitchenerâ€"Waterloo‘s buried," said Schiebel. Some plas _ Small Business Award winners. tic, such as lawn furniture, is ultra violet stabilized and will stand the test of time. Other _ pellets for manufacturing, or mix the pellets with virâ€" plastics, such as oneâ€"litre pop bottles, will breakdown gin plastic. None of the plastic recycled at Rave is over time. used for the food industry. "Before we came along, one of our customers used to _ "There‘s a tremendous potential out there when it pay $14,000 yearly to dispose of his plastics. Today, comes to recycling plastics. We‘re getting calls alkthe Realizing the amount of plastic disposed of at local landfill sites, David and Collette Schiebel figâ€" ured there had to be a way of turnâ€" &phsfichnhinto coldâ€"hard They were right. The husband and wife team have turned what some considered to be garbage into ml&plmwldafl:tm manufacturing of prodâ€" ucts such as snow shovel blades and garbage pails. And their business, Rave Cusâ€" tom Grinding Inc., 96 Rankin St., ‘Waterloo, recently earned the Small Business Award presented by the Chamber of Commerce of Kitchenerâ€"Waterloo. Rave Custom Grinding Inc., which was incorporated in 1993, began operating out of the RNS Pasâ€"Techs building, a injecâ€" tion molding company by David‘s brother Rick and his wife Angie Schiebel. Today, the busiâ€" ness is looking at expansion to keep up with the demands of busiâ€" nesses wanting to dispose of their plastic waste. David Schiebel, who also owns a Toronto consulting business, admits that Rave was intended to be a hobby business, but with today‘s concerns on the environâ€" Waterloo business recycles plastic waste "Before we came along, one of our cusâ€" tomers used to pay $14,000 yearly to disâ€" pose of his plastics." and Estate Planning Workshop. | will be offering information on Maximizing Investment Income and I‘ve invited Mr. John Lennox, from the law firm Pearson, Flynin, to speak on the many legal aspects of Estate are available from out office. Just call and ask for Danny Millar. If you would like to learn even more, you might also attend our Retirement â€" David Schiebel , 75 King St. S., Box 1000, Waterloo, Ontario N2) 1P2 WATERLOO CHRONICLE, WEDNESDAY, JUNE 21, 1995 â€" PAGE 13 styrene, Folypropylene, Polycarbonate, High Density Polyethylene 3ABS (plastic used in the automotive industry). gin plastic. None of the plastic recycled at Rave is used for the food industry. "There‘s a tremendous potential out there when it comes to recycling plastics. We‘re getting calls allithe time from businesses wanting to drop off their plastic and sometimes we just can‘t handle it all." The company is already looking at expanding to a 7 B0Oâ€"squareâ€"foot building with a half acre of property for storage. However, the couple‘s goal is to get the product in and out of the door as quickly as possible. One of Rave‘s first customers was Greenbacks The Environmental Store. Today the clientele list has grown to include Laidlaw, National Grocers and the City of Waterloo, just to name a few. The City and Region send Rave their broken Blue Recycling Boxes as well as damaged composters. There are 30 to 40 types of plastics with various degrees of rigidity and when looking at the numerous types of plastic and its various uses, sorting it can be somewhat hectic. "You have to know your plastic if you want to surâ€" vive in this business." Plastics widely used in the business and most comâ€" monly recycled at Rave include Polyethylene, Polyâ€" styrene, Polymeylgxe, Polycarbonate, High Density B L U EO CHIP T HIN K LN G MIJDLAND WALWYN of Midland Walwyn Capital inc