Waste
Avis Industrial Corporation has formed a recycling and waste equipment division, which brings together three wholly owned Avis subsidiaries: American Baler Company, Harris Waste Group and International Baler Corporation.
The three companies have been in business for 289 years combined, offer the largest breadth of recycled materials baling solutions, operate four manufacturing locations and support the largest global installed base of balers for recyclables. While each company will continue to operate individually, the new structure will bring to market unmatched recycling and waste compaction solutions. As a result of the divisional focus, the individual businesses will realize benefits through best practices sharing, process standardization, organizational optimization and consolidated corporate reporting.
“We began building our ownership position in these companies back in 1979,” said Greg King, president and chief executive officer of Avis. “As an industrial holding company focused on long-term investment and growth, Avis is committed to optimizing the value and solutions these companies offer to their customers and team members. Our capital base allows us to support their business operations, which ensures unmatched support for their customers.”
Based in Upland, Indiana, Avis Industrial is a privately held industrial holding company.
Published in the March 2023 Edition