Recycling industries: Booming with scrap growth
Journal Article
·
· Waste Age
OSTI ID:638299
The rise of consolidation in the scrap metal recycling industry trails, but parallels, the larger waste hauling industry, according to one of the leading scrap metal processors in the US. Recycling Industries (Englewood, CO) has been extremely active in acquiring new businesses since it received a $220 million capital loan last December. The company`s facilities number about 56 in 12 states--today, at least. The way the company has been growing this year, that number could change tomorrow. Recent consolidations for the company include a $15 million Tennessee acquisition in late April, which put the company`s annual revenue run rate on track to be $469 million--last December, its revenue run rate was $250 million.
- OSTI ID:
- 638299
- Journal Information:
- Waste Age, Journal Name: Waste Age Journal Issue: 7 Vol. 29; ISSN WAGEAE; ISSN 0043-1001
- Country of Publication:
- United States
- Language:
- English
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