Kinderhook acquires Chemtron Corp.
Kinderhook Industries LLC, New York, announced it has acquired Avon, Ohio-based Chemtron Corp. from Cleveland-based CapitalWorks. Chemtron represents Kinderhook’s eighth environmental services platform since inception. Financial terms of the transaction were not disclosed.
Chemtron is a hazardous and non-hazardous waste management provider serving the Midwest. According to Kinderhook, Chemtron’s value proposition lies in its ability to provide a diverse range of disposal solutions to hazardous and non-hazardous waste generators. Through its hazardous and non-hazardous waste processing facilities, Chemtron treats, processes and directs for end disposal a diverse range of wastes on behalf of waste generators. The company has two Resource Conservation and Recovery Act (RCRA) hazardous waste Part B treatment, storage and disposal facilities; two 10-day facilities; a non-hazardous waste processing facility; and a railcar and ISO container processing facility.
“We are thrilled to be partnering with Kinderhook, who shares our vision for the future of Chemtron,” says Rob Swords, the CEO of Chemtron Corp. “Chemtron will continue its legacy of providing best-in-class service to its customers with a focus on safety and compliance.”
“The company has made great strides to optimize processes to quickly and efficiently handle waste,” says Corwynne Carruthers, the managing director at Kinderhook Industries. “These recent improvements along with additional support from Kinderhook’s broad base of resources will increase customer satisfaction, fostering key operational relationships.”
As part of the transaction, Kinderhook announced it will be adding Brandon Velek (chairman Circon of Canada) and Ken Wunderlich (former chief financial officer of EQ of Wayne, Michigan), both Kinderhook operating partners, to the board of directors. Each of these board members have over 20 years of industry experience in both hazardous and non-hazardous waste management.
Kirkland & Ellis LLP, Chicago, served as legal counsel to Kinderhook.
Frontier Waste Solutions expands reach in Texas
Frontier Waste Solutions, a solid waste and recycling collection company based in Plano, Texas, has made several key moves this year that will expand its reach in the state.
The company acquired five Texas companies during the third quarter: Midwest Waste Services of Azle; Panther City Disposal of Fort Worth; Riata Disposal of Dripping Springs; H&L Rural Trash of Cleburne; and Triple H Dumpster Service of Liberty. Riata Disposal is a new market for Frontier and will serve as a base for further expansion into Austin and northern San Antonio.
Frontier says the Midwest Waste Services and Panther City Disposal deals will provide support for its continued growth in the Dallas-Fort Worth metro area, complementing Frontier’s existing residential, commercial, municipal and industrial waste services.
Earlier in 2019, Frontier also acquired certain strategic assets from The Woodlands, Florida-based Waste Connections in the Hearne-College Station market. These included new exclusive municipal agreements with the cities of Hearne and Brenham, Texas. The Waste Connections transaction was completed in March and includes a combination of open market and exclusive municipal contracts.
Additionally, during the third quarter, Frontier was awarded new exclusive contracts with Newport Municipal Utility District and the city of Marlin, Texas, both contiguous to Frontier’s current service areas.
In addition, Frontier says the company is moving into a new facility in Corpus Christi, Texas, to accommodate further growth in the market.
Frontier has leadership changes on the horizon as well. It recently added Scott Hunter and Lance Butler as members of the management team. Hunter has 40 years of experience in the industry, including more than 30 in Texas, and Butler has worked in the industry for more than 20 years.
Casella receives permit and approval to expand WasteUSA landfill
Casella Waste Systems Inc., a Rutland, Vermont-based regional solid waste, recycling and resource management services company, announced that the state of Vermont Agency of Natural Resources and the Natural Resources Board have issued all the necessary permits and approvals for the company to expand its WasteUSA landfill located in Coventry, Vermont. The expansion will increase the lined disposal area by 51.2 acres, or by approximately 13.7 million cubic yards, which will create approximately 20 years of additional airspace at the current run rate.
The landfill is currently permitted to accept up to 600,000 tons per year of municipal solid waste (MSW).
“We are very excited to receive this important permit expansion at our WasteUSA landfill,” says John Casella, chairman and CEO of Casella Waste Systems Inc. “Over the last 25 years, the WasteUSA landfill has been an important element of our integrated resource management infrastructure in Vermont, which also includes recycling, organics and collection services. Our investment in this comprehensive infrastructure has helped our customers in Vermont take a balanced approach to sustainability. And with this expansion, we are well-positioned to continue to meet the state’s solid waste disposal needs into the future.”
New England Waste Services of Vermont Inc., a wholly owned subsidiary of Casella Waste Systems Inc., is the owner and operator of the facility. On July 23, the state of Vermont District Environmental Commission No. 7 issued a land use permit for the landfill expansion project.
Hino celebrates grand opening of West Virginia facility
Hino, based in Novi, Michigan, ushered in a new era of manufacturing capability during a recent grand opening ceremony of its new facility in Mineral Wells, West Virginia.
State and local government officials, dealers, customers, suppliers and media took part in a tour of Hino’s 1-million-square-foot facility, a tree planting tradition and a ceremony to commemorate Hino’s growth commitment to the U.S.
“Hino is committed to building its trucks and products in the market it operates in. We have committed $100 million in capital investment into our new state-of-the-art manufacturing facility, generating 250 new jobs,” says Hino Motors Ltd. President and CEO, Yoshio Shimo, who attended the event. “Today, I am excited to announce an additional commitment of $40 million in investment to meet increased demand and product configurations, creating an additional 250 new jobs, totaling 800 team members.”
“Hino has been a tremendous partner to the state of West Virginia since 2007,” stated West Virginia Governor Jim Justice. “With 800 West Virginians planned to be employed by Hino, they continue to be one of West Virginia’s biggest employers. We thank Hino for their continued investment in the great state of West Virginia.”
Hino’s first truck rolled off the assembly line at the new plant in June, where it will continue to assemble all class 6, 7 and 8 conventional trucks, including its newly released class 7 and 8 XL Series. The new facility can produce 15,000 trucks a year on one shift, providing Hino the capacity it needs to continue to grow in the U.S., the company says, adding that it is the one of the fastest growing commercial truck brands in the country.
Genesis Attachments promotes North American sales director
Genesis Attachments, Superior, Wisconsin, has announced that Justin Palvere has been promoted to North American sales director at the company. In this role, Palvere will manage sales and channel strategy, as well as the Genesis regional managers and sales territories in the U.S. and Canada.
Genesis Attachments reports that Palvere began his career with the company in manufacturing 12 years ago and has since held numerous positions that include Southeast regional sales manager, Midwest regional sales manager and, most recently, national account manager for demolition.
Genesis Attachments, an NPK Company, is a global leader in the design and manufacturing of shears, grapples, concrete processors and specialty attachments for scrap processing, demolition, material handling and offshore decommissioning industries.
Takeuchi Mfg. announces first president change in company’s history
Takeuchi Manufacturing Co., a compact equipment manufacturer with U.S. headquarters in Atlanta, recently announced several changes in leadership at its annual shareholders meeting. Founder and President Akio Takeuchi has stepped down from his role, and his son, Toshiya Takeuchi, will now serve as president of the company. He is the second president in the history of Takeuchi Manufacturing, which was founded in 1963.
Additional appointments include Takeuchi-US President Clay Eubanks to the board of directors. Eubanks has been with Takeuchi US for more than three decades. In his early years, he held various positions within the sales group before he was promoted to manage the sales team. Eubanks was named president in 2003, and under his leadership and guidance, Takeuchi US has reached new sales goals and gained market share throughout the U.S. and Canada, the company says.
“I am honored and humbled by this appointment to the board of directors. I have watched this company grow to become the company it is today,” Eubanks says in a press release. “When you have been a member of a company for as long as I have, it’s more like family. I am very proud of this company, its employees and where we are in the industry. I couldn’t ask for a better place to be.”
Eubanks’ role now includes director of global sales. He will be working closely with other subsidiaries and distributors to grow sales and expand their market share.
Morbark acquired by Alamo Group Inc.
Stellex Capital Management, a middle-market private equity firm with offices in New York and London, has announced it has entered into an agreement to sell Morbark LLC to Seguin, Texas-based Alamo Group Inc. for $352 million.
Founded in 1957 and based in Winn, Michigan, with subsidiary operations in Wooster, Ohio, and Roxton Falls, Québec, Morbark has been a manufacturer of equipment and aftermarket parts for forestry, tree maintenance, biomass, land management and recycling applications for more than six decades. Morbark’s family of companies manufactures mobile equipment and aftermarket parts used for clearing and grinding/chipping and converting trees, wood and related organic waste in maintenance and recycling applications. The company and its affiliate brands produce a full line of brush chippers, stump cutters, mini skid steers, forestry mulchers, aerial trimmers, whole tree and biomass chippers, flails, horizontal and tub grinders, sawmill equipment, material handling systems and mulcher head attachments for excavators, backhoes and skid steers.
“Our investment in Morbark demonstrates our ability to rapidly transform family-run industrial equipment businesses into best-in-class providers within their industry,” says David Waxman, managing director at Stellex Capital. “We would like to thank the Morbark team for their strategic vision, dedication and execution over these past 3 1/2 years. We are very proud to have worked alongside them transforming Morbark into a leading provider of mobile industrial equipment and believe the company is well-positioned to continue to capitalize on the strong market tailwinds within biomass recycling and tree care maintenance.”
Since Stellex’s acquisition in 2016, Morbark has increased its headcount by over 200 employees, revenue has nearly doubled and EBITDA has increased by over 200 percent, the company says.
Once upon a time early in my career, I was in the audience at an educational conference when a speaker informed a room full of environmental advocates that the little numbers within the chasing arrows on the bottom of their plastic bottles were the number of times the bottle was recycled. Needless to say, it was uncomfortable to watch as the speaker was brought up to speed in real time.
Giving the aforementioned individual the benefit of the doubt, they had received their information from someone, somewhere, at some point in time. The fact is that, like a real-life version of the children’s game of telephone, a miscommunicated message manifested itself in the spread of misinformation over time.
In my opinion, this example can serve as a warning to recycling managers on the need for clear and direct communication when speaking to residents about what goes in the recycling bin.
Undoubtedly, the waste and recycling industry is facing substantial change when it comes to what is and what is not recyclable. The Resin Identification Code system (the No. 1-7 on the bottom of plastic containers) was introduced in the late 1980s. That means an entire generation has grown up with it. This generation has solidly entered the workforce and, in some cases, is now raising a new generation of its own. This new generation is also growing up with the internet and access to a slew of information from infinite sources. While misinformation abounds online—one look at social media will tell you that—countless opportunities to educate and inform also exist.
There is a phrase attributed to being an old Chinese proverb (again, you have to read everything online with a grain of salt) that says, “The best time to plant a tree was 20 years ago. The second-best time is now.” In my estimation, this phrase can be applied to recycling education today. While we can’t go back in time and educate our communities on recycling best practices and what is and is not recyclable, the good news is that we can start today.
These recycling education efforts need to be responsive to a variety of audiences and factor in how diverse subsets of the population consume information. Recyclers need to come to their audience in the places and ways that the message is most likely to be received. This means choosing the right forum and constructing the right message in the right language with the right context.
So, while industry insiders may argue whether a material recovery facility can or should accept a No. 1 plastic container with or without a neck, for instance, let’s consider that the basic fundamentals of recycling aren’t yet wholly understood by many in our communities across the country.
When planning your next recycling campaign, I urge companies and recycling personnel to remember to explore all feasible channels in order to improve the industry’s education and outreach efforts. Because if one thing is certain, it’s that we can’t remedy the problems of the past—we can only work to do better in the future.
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