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Aqua Metals disclosed that Mark Stevenson has been nominated to join its board. Stevenson is a seasoned industry veteran who can bring a wealth of experience to the company. He has worked throughout the industry, from lead mining to energy storage to lead-acid battery recycling. Stevenson is expected to be able to provide invaluable insight to the Aqua Metals executive team on industry concerns and trends.

Stevenson is currently the technical director at Global Lead Technologies and non-executive director at Metallic Waste Solutions. He is also the chairman of Asia Battery Conference and the International Secondary Lead Conference. Stevenson has been a strong industry leader throughout his lifelong career in the battery recycling and manufacturing industries. He has helped lead, shape and facilitate conversation and innovation through his work leading Asian lead and battery conferences.

Published in the February 2017 Edition of American Recycler News

Bunting Magnetics Co., a leader in magnet and magnetic equipment design, manufacturing and distribution, has signed an agreement to acquire Master Magnets Ltd, a UK-based manufacturer of magnetic separation equipment.

Based in Redditch, United Kingdom, Master Magnets Ltd provides a complete line of magnetic separation, recycling and metal detection equipment to several industries worldwide through a worldwide network of distributors. The acquisition will build on and complement Bunting Magnetics Co.’s global foundation already in place through broadened customer reach, new manufacturing capabilities and the opportunity to sell into new markets.

Simon Ayling, managing director of Bunting Magnetics Europe, will assume operations management responsibility of this new division.

Master Magnets Ltd was founded in 1978 and currently has 26 employees. The company designs, manufacturers and services a complete line of industrial magnetic separation equipment including eddy current separators, permanent and electro magnets, including overband magnets, drum magnets and suspension magnets. The company also supplies a full range of mineral separation equipment for customers all around the world. The company will continue to operate out of its Redditch, UK headquarters.

Terms of the transaction were not disclosed.

Published in the February 2017 Edition of American Recycler News

Navistar recently held a grand opening of its used truck reconditioning center in Melrose Park, Illinois. The event signaled a new chapter for the Diamond Renewed certified brand of used International® trucks.

With the closure and sale of the Indianapolis Center, Navistar reviewed potential replacement options and decided on co-locating to the Melrose Park prototype and testing facility, near Chicago. “One of the greatest advantages of a centralized reconditioning center is the ability to work hand-in-hand with the on-site product engineering and prototype team in order to fully understand product durability and use this knowledge to provide the highest level of service to our customers.” said Jeff Heichel, vice president, used truck operations, Navistar.  

A centralized reconditioning center supports used truck activities by examining the Diamond Renewed reconditioning process to ensure a consistent product is available to all international dealers and Navistar’s own 15 used truck sales centers. Additional benefits of the reconditioning center include the ability to handle large transactions in a timely fashion, ensure quality improvements and meet internal cost targets.

The Reconditioning Center in Melrose Park is fully scalable to meet demands and includes a wash bay, detailing and paint booth, welding room and a parts storage area.

Navistar plans to relocate its nearby international used truck sales center to its Melrose Park facility in the new year, creating a flagship location that incorporates full range capabilities provided by the new reconditioning center.

Published in the January 2017 Edition of American Recycler News

ProMed Waste Solutions LLC, a comprehensive medical waste disposal company servicing the entire state of Florida, has acquired American Medical Transporters, Inc.

The acquisition of the Largo based company marks the third acquisition since September of 2015 for ProMed Waste Solutions, continuing an aggressive strategy to increase service route density by providing more resources within key geographic markets.

Financial terms of the transaction were not disclosed.

The addition of American Medical Transporters, recognized as the oldest medical transport company licensed in Florida, supports the company’s goal of leading the way in compliance, safety and customer service.

ProMed Waste Solutions was founded in 2011 with operations in the Orlando area, and steady demand has since expanded their services state-wide. The privately held company is headquartered in St. Petersburg, Florida, with additional operation facilities outside Miami and outside Orlando.

Published in the January 2017 Edition of American Recycler News

Wastebuilt Environmental Solutions, LLC, a provider of parts, service, and equipment for the waste and recycling industry, announced that Greg Podell will transition from chief executive officer to vice chairman of the board. Taking over day-to-day responsibilities at Wastebuilt is chief operating officer Dave McKeon, who joined the company in February 2016.

McKeon will assume operating responsibility. McKeon joined Wastebuilt with considerable experience managing all facets of industrial distribution, manufacturing, and service. Prior to joining Wastebuilt, he spent nine years as president of C&H Distributors, where he ran its North American operations. His extensive operating experience also includes leadership positions with McMaster-Carr Supply, Beckley Cardy Group and USABlueBook.

Published in the January 2017 Edition of American Recycler News

Green EnviroTech Holdings Corp. has appointed Chris Bowers as president, chief executive officer and director of GETH with immediate effect. Gary De Laurentiis will continue in his role as chairman of GETH and will lead on business development activity for the company. For the foreseeable future, Bowers will also continue in his role as president of Smart Fuel Solutions, Inc.

Bowers is an experienced executive, entrepreneur, angel investor and consultant who has worked all over the world. He spent two decades in the high tech industry working with senior leaders in many companies, including the president and chief executive officer of Philips Electronics; and he was a member of the executive staff at Applied Materials. During his business career, Bowers has established, grown and downsized country operations, founded and led consulting practices, led numerous company functions, and been involved in M&A deals and integrations. In the last few years Bowers has also been directly involved in philanthropy and pro-bono work with Stanford Hospital, with Santa Clara University both in the Miller Center for Social Entrepreneurship and in the Business School; with Second Harvest Food Bank and with The Tech Awards. Bowers started his career with the British military, serving for 5 years with the UK Special Forces.

Published in the January 2017 Edition of American Recycler News