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Strategic Materials, Inc., North America’s largest glass recycler, today announced the expansion of its North American manufacturing footprint by opening a new, state-of-the-art glass processing plant in Delavan, Wisconsin. The new facility was built in response to the state’s need to increase glass recycling. http://glassdoor.com/slink.htm?key=vQuqI
Littlejohn & Co., LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, today announced that it has signed a definitive agreement to acquire Strategic Materials, Inc., a leading environmental services company and the largest glass recycler in North America, from Willis Stein & Partners and Vision Capital. Financial terms of the transaction were not disclosed. http://glassdoor.com/slink.htm?key=vQuqp
In 10-year deal, Strategic Materials will process glass and return it to Fuyao’s manufacturing process, allowing for what Fuyao called “virtually zero waste and a reduction in carbon emissions by up to thirty percent.” http://glassdoor.com/slink.htm?key=vQlsa
“The public wants to recycle, it’s the right to do, and there are markets for the product, which supports jobs. I applaud the county for its leadership in this area to drive glass recycling forward, and we are happy to be a part of it,” said Curt Bucey, Executive Vice President for Strategic Materials on new partnership with DeKalb County, Georgia Sanitation Division. Read the story: http://glassdoor.com/slink.htm?key=vQlUh #strategicmaterials #glassrecycling #dekalb #georgia
Glassmakers set to benefit from Strategic Materials recycling campaign http://glassdoor.com/slink.htm?key=vQlUJ
