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Bunting® Magnetics Co., the leader in moving, removing and holding metal, announced lower prices on its line of MagLift™ Magnetic Lifters. Prices have been reduced by an average of 30 percent, depending on the model. Most prices on these magnetic products are now the lowest in the industry.

Published in the August 2016 Edition of American Recycler News

Robert (Bob) Korkos has been named national sales manager – mobile division at Vecoplan, LLC.

Responsible for managing sales of Vecoplan’s full line of Shred Trucks, Korkos begins his tenure by overseeing the launch of Vecoplan’s new MST Series which employ AXO dual shaft, pierce & tear shredders on both full sized and non-CDL truck chassis. Other responsibilities of his new position include working with Vecoplan R&D in the development of technologies.

Korkos brings over 30 years of industrial equipment and fleet management experience to his new position, with the last 14 years in the secure document & data destruction industry.

In 2002 Korkos established his first start up, Guardian Document Shredding Inc., in Milwaukee, Wisconsin. Over the  years, he grew the mobile shedding service company, then negotiated its sale to a Fortune 500 Company in 2006. After the acquisition he worked a six month stint as a consultant during the transition. Moving south, in 2007 Korkos founded Automated Shredding, Inc. in Charlotte, North Carolina. Also a shred truck based secure destruction provider, the success of Automated Shredding drew the attention of another Fortune 500 Company, which acquired it in 2015.

Published in the August 2016 Edition of American Recycler News

Novelis, Inc. has appointed Devinder Ahuja as senior vice president, chief financial officer. He will officially become Novelis’ chief financial officer in August. Steve Pohl, currently interim chief financial officer, will be responsible for the function until that time.

As chief financial officer, Ahuja will be responsible for the accounting, treasury, global financial planning and analysis, global tax and finance excellence functions. He will be based at the company’s world headquarters in Atlanta and will report directly to Fisher.

Over the last 29 years, Ahuja has worked in a variety of finance roles, across geographies and industries. Prior to joining Novelis, he served as chief financial officer of Alcon U.S.

Ahuja holds a bachelor’s degree in commerce from R.A. Podar College of Commerce & Economics in Mumbai, India, and has completed general management training at Insead in Fontainebleau, France.

Ahuja’s appointment coincides with the promotion of Steve Pohl, currently interim chief financial officer, to senior vice president, business performance and execution, effective immediately. In this newly created role, Pohl will be responsible for corporate development and strategy, the execution of strategic initiatives and monitoring performance, communications and government affairs, investor relations and the oversight of the company’s annual enterprise risk management process. Pohl will remain based at the company’s headquarters in Atlanta.

Published in the July 2016 Edition of American Recycler News

Beka-Max of America Inc., the authorized sales and service provider for Beka-branded central lubrication systems, is now part of the international BekaWorld corporate group, the label of company Baier + Köppel in Germany.

The former managing director of Beka-Max of America Inc., Jacquie Mc Dougall, will become chief operating officer of the new organization – effective immediately. Sven Pitman will be appointed as president, supervised by the new board.

Sven Pitman and Jacquie McDougall are looking forward to expanding on the success achieved by Beka-Max of America, Inc.

The assembly and distribution centers in Mississauga, Ontario, Buffalo, New York and Atlanta, Georgia, will be expanded in order to support sales and marketing throughout Canada and the United States. Creating independent value for North America is planned as well.

Published in the July 2016 Edition of American Recycler News

Advanced Disposal, an integrated environmental services company, has completed the acquisition of assets of Pete’s Economy Hauling, based in Sheboygan, Wisconsin.

The acquisition includes commercial and industrial customers in Sheboygan County and will be operated out of their existing Sheboygan facility.

Published in the July 2016 Edition of American Recycler News

Novolex has acquired Heritage Bag Company (HBC). HBC is a manufacturer of plastic can liners and other packaging products based in Roanoke, Texas.

HBC is Novolex’s fifth acquisition since Wind Point acquired Novolex (formerly Hilex Poly) in 2012 in partnership with chairman and chief executive officer Stan Bikulege. With the addition of HBC, Novolex is now a $2.3 billion revenue company with 43 manufacturing locations in North America.

Published in the July 2016 Edition of American Recycler News