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US Ecology, Inc. declared that stockholders of record on October 21, 2016 will receive a quarterly cash dividend of $0.18 per common share.

The company currently has 21.7 million shares outstanding and estimates that approximately $3.9 million in cash will be paid out for the declared quarterly dividend.

Published in the November 2016 Edition of American Recycler News

Terramac, a manufacturer of innovative rubber track crawler carriers, expanded its representation in the North American market to include Linder Industrial Machinery Co. as part of its dealer network. Linder will represent the versatile Terramac product line in Florida, North Carolina and South Carolina.

Linder will offer Terramac’s RT9, RT14 and RT14R crawler carriers. In addition to Terramac’s three standard options – convertible dump-to-flat beds, rock dump beds and flatbeds – Linder will offer Terramac units customized with support attachments such as cranes, drills, generators and tanks.

The team at Linder will provide professional sales, rental and support on the Terramac product line across 16 branch locations. Linder’s dependable representatives will deliver timely service and their parts and service technicians are equipped with state-of-the-art technology to ensure machines are maintained at the highest standard.

Published in the November 2016 Edition of American Recycler News

After more than 41 years with Caterpillar Inc., chairman and chief executive officer Doug Oberhelman has elected to retire, effective March 31, 2017.

During his time as chairman and chief executive officer, Oberhelman has reinvigorated the company’s focus on serving customers while also driving a culture of quality and safety. Oberhelman led the company to its highest sales and revenue peak in its 91 year history in 2012, and, since that time, has successfully led the company through the unprecedented downturn affecting their key industries.

The company’s board of directors has elected Jim Umpleby, currently a Caterpillar Group president with responsibility for Energy & Transportation, to succeed Oberhelman.

Umpleby, a 35 year veteran of the company, will join the Caterpillar board of directors and become chief executive officer effective January 1, 2017. He joined Solar Turbines Incorporated in San Diego, California, in 1980. Solar, a wholly owned subsidiary of Caterpillar Inc., is one of the world’s leading manufacturers of industrial gas turbine systems. Early in his career, he held numerous positions of increasing responsibility in engineering, manufacturing, sales, marketing and customer services. Umpleby lived in Asia from 1984 to 1990, with assignments in Singapore and Kuala Lumpur, Malaysia. The Caterpillar board of directors elected Umpleby a Caterpillar vice president and president of Solar Turbines in 2010. He was named group president and a member of Caterpillar’s executive office, effective January 2013.

Published in the November 2016 Edition of American Recycler News

Quest Resource Holding Corporation, a leader in environmental, sustainability, recycling and resource management, has appointed David Sweitzer as executive vice president and chief operating officer.

Sweitzer will focus on executing the company’s strategy, streamlining operations to increase efficiencies, maximizing margin, developing an operation that is both flexible and highly scalable as well as identifying opportunities for profitable market extensions.

Sweitzer has over 2 0 years’ experience in the waste, recycling, property management, and business services industry. He most recently served as chief sales officer, executive vice president, and senior vice president of sales at SMS Assist, a $1 billion market cap company. Prior to SMS Assist, he was director of business development at Waste Management as well as client solutions vice president at Oakleaf Waste Management.

While at Oakleaf, Sweitzer was responsible for the creation and development of the firm’s industrial business and client solutions department, driving innovative solutions that delivered improved outcomes for clients. He also managed Oakleaf’s operations and strategic business planning, improving process flow and standardizing process mapping to increase the efficacy of all departments.

Timothy A. Semones, their former chief operating officer, will be focusing on special projects and overall strategic initiatives as senior vice president of operations.

Published in the November 2016 Edition of American Recycler News

Bridgestone Americas, Inc. (Bridgestone) shared that Joseph Saoud has joined the company as president, truck and bus radial, Bridgestone Americas Tire Operations. In this role, Saoud will be responsible for leading the sales activities for the U.S. and Canadian commercial truck and bus tire business, which includes Bandag retreads. He will drive the business’ long-term growth strategy and ensure continued value for customers, dealers and fleets.

Saoud offers more than 20 years of leadership experience. Most recently, he served as president, global construction, agriculture and military for Commercial Vehicle Group, Inc. (CVG), a global supplier of a full range of cab and other vehicle related products for the global commercial vehicle market. Prior to his role with CVG, Saoud was president, filtration business unit, Cummins for the last seven years, the global leader in the design, manufacture, distribution and service of diesel and natural gas engines and related technologies.

Published in the November 2016 Edition of American Recycler News

Solterra Recycling Solutions has completed the acquisition of Bridge Disposal, a provider of solid waste collection services. Bridge Disposal, based in New Brunswick, New Jersey, services residential, commercial and industrial customers throughout Central New Jersey. The acquisition of Bridge Disposal, which closed on June 30, 2016, comes on the heels of the company’s refinancing of its credit facility in April 2016.

Based in Ewing, New Jersey, Solterra is a leading provider of non-hazardous solid waste, organic waste and recyclables collection and hauling services. The company serves over 30 municipalities, 400,000 residential households and 2,000 commercial customers throughout central and north New Jersey and in the Philadelphia metropolitan area.

Solterra was formed to serve as a growth platform with the goal of building a scalable and integrated solid waste focused environmental services operation. Solterra is led by Ed Apuzzi, chief executive officer and Joe LoVerde, chief operating officer, who previously ran Progressive Waste’s operations in the northeastern U.S.

Published in the November 2016 Edition of American Recycler News