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Terramac, a manufacturer of innovative rubber track crawler carriers, expands its representation in the North American market to include Road Machinery as part of its dealer network. Road Machinery will represent the versatile Terramac product line in Arizona and California.

Road Machinery will offer Terramac’s RT9, RT14 and RT14R crawler carriers to serve a wide range of industries including general construction, mining, environmental and forestry. In addition to Terramac’s three standard options – convertible dump-to-flat beds, rock dump beds and flatbeds – Road Machinery will offer Terramac units customized with support attachments such as hydroseeders, spray booms, digger derricks, cranes and even cement mixers. With the addition of the versatile Terramac product line Road Machinery plans to expand into other markets, including major pipeline transmission.

The team at Road Machinery will provide professional sales, rental and aftermarket support on the Terramac product line across 13 branch locations. Road Machinery’s knowledgeable staff has been fully trained in the application, sales, parts and service of Terramac crawler carriers and stands ready to offer prompt and professional customer support.

Published in the August 2017 Edition of American Recycler News

Rubicon Global has hired Chad Gold as its chief financial officer (CFO). Gold joins Rubicon from cloud software company SAP Ariba, where he most recently served as global vice president of finance and CFO following SAP’s $4.3 billion acquisition of Ariba in 2012. He brings substantial international business and technology experience to Rubicon, the worldwide leader in sustainable, cloud based waste and recycling solutions company.

Gold is an experienced finance executive with a proven track record of growth in the cloud and software industry. At SAP Ariba, Gold held multiple roles of increasing responsibility. Most recently, he served as CFO and led its global finance organization, consisting of 32 professionals based on five continents. A major component of Ariba’s business is drawn from SaaS, or software as a service, and Gold oversaw growth that resulted in cloud subscription revenue more than doubling since SAP’s acquisition in 2012.

Gold’s previous experience includes finance roles at The Home Depot and Ernst & Young.

Rubicon is based in Atlanta and has offices in Lexington, Kentucky, New York and San Francisco.

Published in the August 2017 Edition of American Recycler News

Republic Services president and chief executive officer, Don Slager, was recognized with the Glassdoor Employees’ Choice Award and named to the 2017 Highest Rated chief executive officers list, according to a recent employee survey conducted by www.Glassdoor.com.

Based on the anonymous and voluntary reviews shared by Republic Services employees, Slager received an overall approval rating of 94 percent. In addition, 82 percent of Republic employees would recommend working for the chief executive officer. The list recognizes top leaders admired by their employees, with Slager earning a top spot on this year’s list.

When employees submit reviews about their company on Glassdoor, they are asked to rate various factors about their employment experience, including their overall satisfaction and their approval of senior leadership. As part of this survey, employees are asked to rate whether they approve, disapprove or are neutral about the job their chief executive officer is doing.

Published in the August 2017 Edition of American Recycler News

WCA Waste Corporation (WCA) has acquired three solid waste collection companies in the first five months of 2017.

In February, WCA acquired the assets of Midwest Companies, Inc., an MSW transfer station and collection operation located in Marshall, Missouri. In March, WCA acquired EnviroStar Waste Service, Inc., a residential, commercial, and roll-off collection company located in the suburbs of eastern Kansas City, Missouri. In May, WCA acquired the commercial collection accounts of Community Waste Services in Gainesville, Florida.

Acquisitions have been and will continue to be an integral part of the growth strategy of WCA.

Published in the August 2017 Edition of American Recycler News

The Timken Company announced that its majority owned subsidiary, Timken India Ltd., has entered into a definitive agreement to acquire ABC Bearings Ltd., a manufacturer of tapered, cylindrical and spherical roller bearings and slewing rings in India.

The transaction is structured as a merger of ABC Bearings Ltd. into Timken India Ltd., whereby shareholders of ABC Bearings will receive shares of Timken India as consideration. The transaction is subject to receipt of various approvals in India, which are expected to take at least six months to complete.   

ABC Bearings is a public limited company listed on the BSE Limited, with its registered office in Mumbai, India. The company operates primarily out of manufacturing facilities in Bharuch, Gujarat, and Dehradun, Uttarakhand.  ABC Bearings serves an established original equipment customer base in India, focusing on heavy truck and off-highway industries. In 2016, sales were approximately $29 million.

Published in the August 2017 Edition of American Recycler News

Advanced Disposal, an integrated environmental services company, shared that E. Renae Conley will be joining the board of directors and will be serving on the company’s compensation committee and nominating and corporate governance committee.

Conley has over 30 years of business experience in leadership positions across a number of cross-functional disciplines including finance, operations and human resources. Since 2014, she has served as the chief executive officer of ER Solutions, LLC, an energy consulting company.

In addition to her current responsibilities, Conley serves on the Ball State University Board of Trustees and the Ball State University Foundation, which is also where she received her Bachelor of Science degree in accounting and Master of Business Administration.

Conley’s appointment became effective August 1, 2017 and she meets the independence qualifications outlined by the New York Stock Exchange.

In addition to Conley’s appointment, the company announced that in connection with the recent secondary offering of common shares of the company by affiliates of BTG Pactual and Highstar Capital, Sergio Pedreiro and Matthew Rinklin have tendered their resignations from the board of directors. These changes are consistent with the company’s continued evolution towards having a board of directors comprised of a majority of independent board members and are in accordance with the terms of the Stockholders Agreement entered into with the company at the time of its initial public offering. Rinklin’s resignation has been accepted by the board.

Published in the August 2017 Edition of American Recycler News