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American Recycling Expands NC Operations
Posted on January 16th, 2012 No commentsAmerican Recycling of Western North Carolina, in conjunction with the Economic Development Coalition (EDC) for Asheville-Buncombe County (N.C.), will open its newest recycling facility in Asheville, N.C., on Jan. 25, 2011.
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American Recycling Expands NC Operations -
Freedom Metals Acquires Bates Iron and Metal
Posted on January 6th, 2012 No commentsFreedom Metals, a Louisville, Ky., scrap metal recycler, has announced the acquisition of Bates Iron and Metal, located in West Liberty, Ky. Gary Bates, former owner of Bates Iron and Metal, will join Freedom as general manager of the new facility.
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Nucor Closing Nuconsteel Division
Posted on January 5th, 2012 No commentsNucor Corp ., Charlotte, N.C., plans to close its Nuconsteel division by the second quarter of 2012. The division includes operations in Denton, Tex., and Dallas, Ga
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Nucor Closing Nuconsteel Division -
Cell Phone Recycler Receives $35 Million in Financing
Posted on January 3rd, 2012 No commentsThe cell phone recycling company eRecyclingCorps (ERC) has raised $35 million in fundraising led by the venture capital firm Kleiner Perkins Caufield & Byers, Menlo Park, Calif. ERC launched in 2009 with original investments from OpenAir Equity Partners and SJF Ventures to help carriers and subscribers recapture a growing portion of the residual value of wireless devices no longer used by subscribers. ERC CEO David Edmondson, former CEO of RadioShack, and Ron LeMay, former CEO of Sprint PCS and current managing director of OpenAir Equity Partners, founded the company.
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Cell Phone Recycler Receives $35 Million in Financing -
Rubbermaid Expanding Virginia Operations
Posted on December 21st, 2011 No commentsVirginia Governor Bob McDonnell has announced Rubbermaid Commercial Products (RCP), headquartered in Winchester, Va., will invest $67.25 million to expand its Winchester operations and establish a distribution operation in Frederick County, Va.
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Making the Connection
Posted on December 14th, 2011 No commentsThe recession hit Rockaway Recycling, Rockaway, N.J., hard. To remain in business, owner Thomas Buechel had to lay off all seven of his full-time employees
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Making the Connection -
Tapping In
Posted on December 14th, 2011 No commentsMembers of the Vadxx team adjust a thermal depolymerization system. Houston-based Greenstar Recycling, headquartered in one of the world’s energy capitals, is participating in a project that will make it an oil producer
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Tapping In -
Icahn Makes Play to Acquire CMC
Posted on November 28th, 2011 No commentsCarl Icahn, through his Icahn Enterprises LP (IEP) master limited partnership, has made a bid to acquire the steel and recycling company Commercial Metals Co. (CMC) for $15 per share.
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Paper Recycling Conference: Squeezed Out
Posted on November 10th, 2011 No commentsTissue mills and newsprint manufacturers are not the only ones scrambling to find alternative raw materials because of the smaller amount of old newspapers (ONP) on the market. At a session at the 2011 Paper Recycling Conference, held in Chicago in late October, representatives of three other companies that consume ONP described how they are reacting to changes to their supply chain.
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Paper Recycling Conference: Squeezed Out -
Grede Adds to Foundry Roster
Posted on November 3rd, 2011 No commentsGrede Holdings LLC, Southfield, Mich., has completed the acquisition of the foundry and machining assets of Paxton-Mitchell Corp., an industrial foundry and machining facility in Omaha, Neb.
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Grede Adds to Foundry Roster
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