BMG Recycling and Resources, HKRR Merge

BMG Recycling and Resources has four operations: Bay Metal in Richfield; Itran Electronics Recycling, Richfield; Bay Metal South, Millersville, Tenn.; and Low Country Metal, Hardeeville, S.C.

HKRR has facilities in Chicago; Elkhart, Fort Wayne and Indianapolis, Ind.; Memphis, Tenn.; and Houston.

Manjot Singh, BMG president and chairman of the newly formed HBMR Holdings, says, “By merging BMG Recycling and Resources with HKRR we are able to build off each other’s strengths. BMG Recycling and Resources has the experience in building peddler operations and managing industrial recycling throughout North America, while HKRR opens up the door to more Asian consumers for the commodities that we are producing.”

K. S. Heng, HKRR chairman, says, “Our merger of operations with BMG Recycling and Resources will help us to build on each other strengths and streamline our operations allowing us to focus on the continued growth of our recycling operations.”

Terms of the merger were not disclosed.