Balco Metals increases recycling capabilities by purchasing Milwaukee company.Balco Metals Increases Recycling recycling, the process of recovering and reusing waste products—from household use, manufacturing, agriculture, and business—and thereby reducing their burden on the environment. Capabilities by Purchasing Milwaukee Company Milwaukee-based Balco Metals, Inc. has acquired Recycling World, Inc., adding paper, wood and plastic recycling Plastic recycling is the process of recovering scrap or waste plastics and reprocessing the material into useful products, sometimes completely different from their original state. to its ferrous ferrous (fĕr`əs), iron in the +2 valence state. Containing or having to do with iron. The difference between ferrous and ferric is the number of valence electrons they contain (ferrous contains two and ferric contains three), which and nonferrous non·fer·rous adj. 1. Not composed of or containing iron. 2. Of or relating to metals other than iron. nonferrous Adjective 1. metals processing capabilities. The purchase follows an 18-month period that saw Balco triple its sales and quadruple quad·ru·ple adj. 1. Consisting of four parts or members. 2. Four times as much in size, strength, number, or amount. 3. Music Having four beats to the measure. n. its number of employees. The Recycling World purchase will increase Balco's sales volume 15%. "Adding Recycling World's capabilities means we can now pick up and recycle virtually anything our customers have, including retail, nonferrous metals, high-grade paper, as well as plastics, wooden pallets and cardboard shipping containers," Balco president Larry Snyder said. Recycling World will be operated as a division of Balco. The company's president, Jeffrey Katz, and vice president Art Arnstein will serve as Balco vice presidents and report to Snyder. Balco is affiliated with Cozzi Iron & Metal, Inc., Chicago, Illinois, the largest metal scrap processing company in the Midwest. |
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