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Lamb Fuels Inc., a California based Corporation, has entered into an agreement with Florida based Automotive Fluid Recycling (AFR) to purchase Lamb Fuel’s Mid-West, Northeast and Southeast service routes was effective March 15, 2015. 

Published in the April 2015 Edition of American Recycler News

Greg Shaffer has been named service manager at Vecoplan LLC. Working with the company’s internal team of service technicians, Shaffer will devise and implement systematic procedures and programs to maximize service quality and efficiency. In addition, Shaffer will oversee Vecoplan’s network of certified service personnel throughout North America.

Prior to his promotion, Shaffer was a senior service technician at Vecoplan. A licensed mechanic and electrician, Shaffer brings 31 years of technical experience, primarily with industrial controls, to his new position at Vecoplan.

This includes 3 years field experience servicing Vecoplan machinery and 10 years as owner of Mountain Air Services, an electrical and mechanical services company.

Published in the April 2015 Edition of American Recycler News

Paladin Attachments has acquired Kodiak Manufacturing, Inc.

Founded in 1996 and headquartered in Charleston, Tennessee, Kodiak is a manufacturer of agricultural implements including rotary cutters, soil and gravel movers, tillers and additional tractor implements. The move supports Paladin’s continued product diversification objectives and improves its presence in the agricultural market sector. Similarly, it provides Kodiak with a solid platform for continued growth through increased capacity and market support which enhances the value of the brand to its customer base.

Published in the April 2015 Edition of American Recycler News

Blue Sphere Corporation closed on a joint venture to develop, construct and operate a 5.2 MW biogas generation facility in Charlotte, North Carolina with affiliates of York Capital Management.

Under the terms of the joint venture, Blue Sphere owns 25 percent of the project and received an initial payment of $1,250,000 in cash at the closing with a second payment of $1,175,000 to be paid later in 2015 upon the project’s achievement of each of mechanical completion and commercial operation.

Published in the April 2015 Edition of American Recycler News

Caraustar Industries, Inc., a portfolio company of H.I.G. Middle Market, has completed the acquisition of The Newark Group, Inc.

The Newark Group is a manufacturer of recycled paperboard, linerboard, industrial tubes, cores and other converted products including book covers and packaging solutions.

Headquartered in Cranford, New Jersey, The Newark Group has approximately 1,500 employees and operates over 20 manufacturing facilities across North America.

Financing for the transaction was provided by Credit Suisse Securities (USA) LLC, Jefferies LLC, Wells Fargo Capital Finance and Regions Business Capital.

Published in the April 2015 Edition of American Recycler News

Advanced Disposal, an integrated environmental services company, has completed the acquisition of certain assets of Hornback Recycling & Disposal Inc. based in Ann Arbor, Michigan and certain assets of Pea Ridge Waste Management, LLC based in Henderson, Kentucky.

The Hornback acquisition includes residential and commercial customers throughout Washtenaw, Wayne, Livingston and Oakland Counties in Michigan. Eighteen Hornback employees including office staff and drivers will join the Advanced Disposal team.

The Pea Ridge acquisition includes residential and commercial customers throughout Henderson, Union and Webster Counties in Kentucky. Seven Pea Ridge employees including office staff, drivers and mechanics will join the Advanced Disposal team.

Former Pea Ridge customers will be serviced by Advanced Disposal’s Evansville, Indiana hauling location.

Published in the March 2015 Edition of American Recycler News