Euclid, Ohio-based Intergroup International Ltd., a post-industrial plastic scrap reprocessor, has purchased the recycling assets out of the former Solo Cup facility in Springfield, Mo.
“The addition of the Solo Cup repelletizing assets will help us continue our growth and solidify our position as a leading reprocessor of flexible packaging scrap in North America,” says InterGroup CEO Neil Gloger.
The purchase includes two 6-inch repelletizing lines as well as upstream and downstream equipment to support the process, according to InterGroup.
Bob Baker, the company’s head of engineering and maintenance, says, “Solo did such an outstanding job in maintaining this equipment and preparing for its transfer that we should be able to bring most of it online without major rebuild or delays.”
Operations Manager Scott Dittrich says he is looking forward being able to expand the company’s production. He says, “Though we have been running 24/7 since the beginning of the year, we still find ourselves outsourcing a substantial portion of our monthly volume to toll processors.” Dittrich adds that InterGroup plans to bring the equipment online during the third quarter, saying he expects an improvement in quality as well as capacity.
“While our growth rate has slowed this year to just under 300 percent (year over year), these assets, along with pending acquisitions, should position us well for the coming year and continue our path as a leader in post-industrial recycling,” Gloger says.
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