Shred-Tech acquires CM Shredders

Cambridge, Ontario-based manufacturer of industrial shredding and recycling equipment Shred-Tech Corp. has announced the acquisition of CM Shredders LLC by its parent company, The Heico Cos. The move enhances Shred-Tech's product portfolio, extending its global reach and fortifying its North American manufacturing capabilities, according to a news release from the company. 

CM Shredders, headquartered in Sarasota, Florida, is a leader in the tire recycling industry.

Mario Vazquez, sales and marketing director at CM Shredders says all the company's employees have been retained. 

"The addition of CM brings a world-class 40,000-square-foot indoor and temperature-controlled manufacturing facility," he adds. "This expansion includes gaining advanced CNC machining and manufacturing capabilities, further enhancing our operational efficiency." 

This strategic integration will bolster Shred-Tech's product portfolio, offering customers a more comprehensive suite of primary, secondary and tertiary size reduction and material destruction systems, the company says, as well as expand its global footprint. CM Shredders' established presence in tire recycling and key global markets such as Asia and the Middle East will provide Shred-Tech with access to a broader customer base.

The companies’ combined manufacturing strengths will improve efficiency, scale and agility, especially following the recent manufacturing capability expansion at the Shred-Tech Thailand facility, according to Shred-Tech. By combining resources, engineering expertise and manufacturing capabilities, the expanded entity is better positioned to meet the evolving needs of clients and respond effectively to industry challenges.

“We are excited to bring the CM Shredders team into the Shred-Tech family,” Shred-Tech President Romel R. Reddi says. “We are eager to accelerate our growth in the Industrial Shredding Systems world. Our combined product lines will greatly diversify the recycling streams and customers we can support.”