IESI Acquires Louisiana Recycling Company

IESI LA Corp., a subsidiary of Progressive Waste Solutions Ltd., has announced the acquisition of The Recycling Foundation Inc., which operates a material recovery facility (MRF) in Baton Rouge, La. The acquisition became effective Aug. 1, 2011.

The Recycling Foundation was founded in the early 1990s by the Cheatham family and the facility in Baton Rouge was the first MRF in Louisiana, according to IESA. The Recycling Foundation serves more than 500 businesses and holds curbside recycling contracts for East Baton Rouge Parish, Lafayette, Zachary, Youngsville, and Carencro.

The facility processes an estimated 5,000 tons of recyclables per month. The company’s Baton Rouge MRF is a single stream facility with about 35,000 square feet.

"This acquisition will enhance our efforts to bring our recycling services throughout Louisiana. We have been at the forefront of recycling in other parts of the country, and we intend to tap into our knowledge and expertise to increase recycling here in Louisiana," says Phil Smith, region vice president of IESI. "We expect to see many opportunities for the expansion of recycling in the state and we are proud to help recover our country's valuable resources."

"This tuck-in acquisition is part of our broader strategy of building a strong network of assets in Louisiana," says Tom Brown, senior vice president and COO for IESI.