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Aqua Metals, Inc., a developer of a patent-pending electrochemical battery recycling technology, has entered into a contract to purchase 12.5 acres in Nevada’s Tahoe Reno Industrial Center to establish the site of the company’s first AquaRefinery™. Subject to acquisition of additional financing, the company plans to begin construction of its AquaRefinery in mid-2015 and be fully operational by the first quarter of 2016. When completed, the AquaRefinery will be the world’s first large-scale lead recycling facility that does not require a traditional smelter to reprocess lead batteries.

Published in the April 2015 Edition of American Recycler News

Waste Industries USA, Inc. disclosed that Jim Perry will be succeeded by Ven Poole, chief executive officer, as chairman of the board.

Perry, who was the company’s first employee, has been with Waste Industries for 44 years. As part of the founder’s ownership group, he will continue to serve as a director on the board and will serve as compensation committee chairman.

Other changes include Greg Yorston, president and chief operating officer; Steve Grissom, senior vice president and chief financial officer; and Lisa Inman, senior vice president and general counsel.

Since Waste Industries was founded in Raleigh, North Carolina in 1970, Perry has helped lead the success that saw the company expand its service area to include Delaware, Georgia, Maryland, North Carolina, South Carolina, Tennessee and Virginia, managing solid waste collection, recycling, and disposal for over one million residential, commercial and industrial customers.

Published in the April 2015 Edition of American Recycler News

Newalta Corporation has completed the sale of its industrial division to Revolution Acquisition LP, a Birch Hill Equity Partners company, for cash proceeds of $300 million plus the assumption of certain decommissioning liabilities. Proceeds from the sale will immediately be used to pay down Newalta’s debt and to support the 2015 capital program.

The industrial division became a stand-alone entity, under the new name Terrapure Environmental. The company has 900 employees and includes a head office in Burlington, Ontario, and over 35 locations across Canada. Terrapure will continue to serve customers in various industry sectors from coast to coast. Former Newalta senior vice president Todd Moser will now lead Terrapure as president and chief executive officer.

Published in the April 2015 Edition of American Recycler News

The board of directors of Nucor Corporation declared the regular quarterly cash dividend of $0.3725 per share on Nucor’s common stock. The cash dividend is payable on May 11, 2015 to stockholders of record on March 31, 2015, and is Nucor’s 168th consecutive quarterly cash dividend.

Published in the April 2015 Edition of American Recycler News

ASA Electronics has hired Courtland Jones as project engineer to their quickly expanding engineering team. Jones will be responsible for assisting with all aspects of product development process including project management, product design, sample evaluation, testing and reporting as well as maintaining thorough documentation of products throughout their lifecycle.

Jones graduated from the Indiana Institute of Technology where he received a Bachelor of Science in Mechanical Engineering.

Published in the April 2015 Edition of American Recycler News

Vortex De-pollution and Recycling Equipment of Denver, Colorado have taken on distributorship of the Roter Car and Metal Baler range for North America.

Vortex CEO Nigel Dove explained that although Roter is a relatively new name in the industry they have years of experience in baler manufacturing in the European market. Vortex is adding products to be able to offer a full equipment range to the vehicle and metal processing sector.

Published in the April 2015 Edition of American Recycler News