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Vivint Solar, Inc., a full service residential solar provider founded in 2011, has surpassed more than 100,000 solar energy systems installed for the residential sector. This significant milestone underscores the tremendous, growing demand for Vivint Solar’s clean solar energy systems.

Vivint Solar has installed over 634 megawatts of residential solar energy systems. With power purchase agreements, lease and cash purchase options, as well as loans customers can access, Vivint Solar provides a wide range of products. Customers save 10 to 30 percent relative to their current utility rate.

Published in the May 2017 Edition of American Recycler News

National Waste Management Holdings, Inc., a growing and emerging vertically integrated solid waste management company, has acquired Burts Refuse LLC, continuing its commitment to completing one acquisition per quarter.

Burts Refuse is a waste disposal and recycling business located in West Davenport, New York. The acquisition of the company, which closed February 28, 2016, increases National Waste’s territory for commercial and residential garbage collection in Upstate New York, as well as expands its roll-off customer base and business relationships. Additionally, the acquired trucks, equipment and containers fortify National Waste’s existing line of equipment.

The transaction is a direct tuck-in of operations in which National Waste will not absorb the overhead of Burts Refuse, allowing for expected EBITDA numbers in the 45 percent range of carved-out operations.

Published in the May 2017 Edition of American Recycler News

Officials with Santek Waste Services, LLC. disclosed its acquisition of Picklesimer Garbage Service in Jasper, Georgia.

Santek began servicing all of Picklesimer’s residential waste customers in Cherokee and Pickens counties, Georgia. This acquisition will complement Santek’s growing waste collection presence in the North Atlanta market.

Santek chief business development officer Edward Caylor said the Picklesimer acquisition is the first of more business opportunities currently being considered by the company in the new year.

Published in the May 2017 Edition of American Recycler News

The Timken Company, a global leader in bearings and mechanical power transmission products, has acquired Torsion Control Products, Inc., a manufacturer of engineered torsional couplings used in the construction, agriculture and mining industries.

Based in Rochester Hills, Michigan, Torsion Control Products serves an established original equipment customer base primarily in North America. In 2016, sales were approximately $20 million.  

This acquisition is part of the company’s strategy to grow its portfolio of bearings and mechanical power transmission products. In recent years, acquired mechanical offerings have included gears and gear drives, chain, belts, couplings and lubrication delivery systems, as well as a variety of related services.

Published in the May 2017 Edition of American Recycler News

TransAxle disclosed recent organizational changes:

Doug Everett has been appointed as the vice president of sales, reporting to the chief executive officer. In this role, Everett will set the direction and support for their 30 regional parts managers. The focus will be on execution across the company to provide a unified support system. Everett most recently served as the director of sales – Southern Region and previous to that was the regional manager in the Southern Region.

In conjunction with this move, Scott McCrea is joining TransAxle as the director of sales – Northern Region, reporting to Doug Everett. McCrea has a distinguished career in both commercial vehicle and heavy equipment aftermarket within Caterpillar, International, and Freightliner dealer networks.

Published in the May 2017 Edition of American Recycler News

ShearCore, the first company to offer and support a full shear line for the metal recycling and scrap processing markets, has appointed a new regional sales manager, Ian Lewandowski.

Lewandowski will conduct sales for the company, continuing to serve its customers throughout the mid and North West and Canada, with 12 years of industry experience.

Published in the May 2017 Edition of American Recycler News