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Noranda and Concord Resources have entered into a long term, exclusive off take agreement for smelter grade alumina produced at Noranda’s alumina refinery in Gramercy, Louisiana, and a related third party marketing arrangement for bauxite produced at Noranda’s mining facility in St. Ann, Jamaica.

The agreement runs through 2024.

Published in the June 2017 Edition of American Recycler News

The Timken Company has named Jason K. Rebucci president of PT Tech, LLC. Timken recently acquired the assets of PT Tech, Inc., adding engineered clutches, brakes, power take-off units and other torque management devices to Timken’s growing portfolio of mechanical power transmission products. Rebucci reports to Hans Landin, vice president – mechanical power transmission.

Based in Sharon Center, Ohio, PT Tech has served an established original equipment customer base primarily in North American mining, aggregate, metals manufacturing, road-working, and wood recycling industries since 1978.

Rebucci joined Timken in 2003 as a co-op engineer before being hired full time as a product engineer. He served in subsequent roles of increasing responsibility in manufacturing, engineering and sales prior to his most recent assignment as global purchasing manager for bearing elements.

Rebucci will be working at the PT Tech facility located in Sharon Center, Ohio.

Published in the June 2017 Edition of American Recycler News

RiverRoad Waste Solutions Inc., a specialist in waste and recycling solutions, has undergone a successful management buyout from owner CharterHouse Equity Partners. The acquisition has been led by RiverRoad’s chief executive officer Kris Bunnell and chief operating officer Dan McGowan.

The transaction will enable RiverRoad to enhance its position as a market leader, building on the strong client base it has nurtured since 2004, while providing a robust platform for growth as a provider of digital solutions for efficient waste diversion and recycling.

Strategic imperatives for RiverRoad following the transaction include leveraging the company’s strong market positioning, reputation and track record working with leading brands nationwide. The company also will look to increase adoption of its market leading digital platform for waste management and recycling, building on the myRoad 3.0 release in 2016.

Published in the June 2017 Edition of American Recycler News

Meridian Waste Solutions, Inc., a non-hazardous solid waste services company, acquired Mobile Science Technologies, Inc., a technology service provider and builder of innovative apps. Mobile Science Technologies, Inc. will operate as wholly-owned subsidiary of Meridian Waste.

Mobile Science Technologies, Inc. develops and operates technology, websites, hosting and security. The tech firm has been developing web-based software and mobile applications for the last six years.

Published in the June 2017 Edition of American Recycler News

Nucor Corporation announced that Leon Topalian, vice president and general manager of Nucor – Yamato Steel Company, has been promoted to executive vice president.

Topalian began his career with Nucor as a project engineer at Nucor Steel-Berkeley in 1996 and was promoted to cold mill production supervisor in 1998. He has held various leadership positions throughout his Nucor career in Australia, at Nucor Steel South Carolina and Nucor Steel Kankakee. Most recently, he has served as vice president and general manager of Nucor – Yamato Steel Company since 2014.

Published in the June 2017 Edition of American Recycler News

Weitsman Recycling has hired a long time financial industry veteran to lead the company into its next phase of growth and expansion.

Tony Van Slyke has been hired as the chief financial officer (CFO) and will be accountable for the administrative, financial and risk management operations of the company, to include the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to preserve company assets and report accurate financial results. The hire comes on the heels of a new micro fines plant being commissioned as well as additional technology systems being built and installed at the company’s primary processing facility in Owego.

As CFO, Van Slyke will be responsible for controllership duties, which includes presenting and reporting accurate and timely historical financial information of the company. In addition, Van Slyke will be responsible for the company’s present financial condition, so he must decide how to best invest the company’s money, taking into consideration risk and liquidity.

Van Slyke will also be responsible for the economic strategy and forecasting for the company. Part of his responsibility includes being able to identify and report what areas of a company are most efficient and how the company can capitalize on this information. This aspect of his duties also include economic forecasting and modeling to try and predict the best way to ensure the company’s success in the future.

Prior to joining Upstate Shredding – Weitsman Recycling, Van Slyke worked for A.L. George, LLC (Onondaga Beverage) as the company’s controller and CFO since 1996. Prior to joining Onondaga Beverage, Van Slyke worked as the controller for Best Brands Beverage from 1991 to 1995.

Published in the June 2017 Edition of American Recycler News