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Canusa Hershman has announced the purchase of Phoenix-based Recycle1 and Arizona Pacific Pulp & Paper, a paper recycling company that operates as part of Recycle1, adding a fourth recycling facility to its portfolio.
The financial terms of the agreement were not disclosed.
Canusa Hershman, based in Branford, Connecticut, says the acquisition will significantly increase its West Coast capacity.
“The addition of Recycle1 boosts our presence in the southwestern U.S. and provides us with a first-class plant in a rapidly growing market,” Canusa Hershman CEO John Daniel says.
Recycle1 offers commercial recycling and product destruction services throughout the state of Arizona and surrounding states for large, publicly traded companies, midsize and small companies, government agencies, municipalities and individuals. This year, Recycle1 says it will process up to 60,000 tons of recovered paper. It also has a full-service fleet of trucks, recycling and waste equipment for purchase, lease and rental, and offers waste and recycling audits.
According to Canusa Hershman, it is marketing more than 105,000 tons per month of pulp, paper, plastic and metals.
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