The assets are comprised of eight Norampac plants located in British Columbia, Alberta and Manitoba and four ETL plants in British Columbia. The plants will complement Metro's existing operations in the eastern Canada and northeastern U.S. bringing the total number of plants to sixteen. The company will be able to handle more than 950,000 metric tons of recovered fiber and other recyclables.
As a result of the asset purchase, Metro created a Western Division under the name of Metro Materials Recovery Inc. The corporate office for the division is in Surrey, B.C.
“The purchase of the ETL and Norampac plants support our plans to have operations in every major Canadian city with the intent of offering each market place expanded recovery programs and strong markets for secondary materials,” said Al Metauro, president and CEO of Metro.
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