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Balco Metals increases recycling capabilities by purchasing Milwaukee company.

Balco Metals Increases Recycling Capabilities by Purchasing Milwaukee Company

Milwaukee-based Balco Metals, Inc. has acquired Recycling World, Inc., adding paper, wood and plastic recycling to its ferrous and nonferrous metals processing capabilities.

The purchase follows an 18-month period that saw Balco triple its sales and quadruple 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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Title Annotation:Industry News; Recycling World Inc.
Publication:Modern Casting
Date:Jan 1, 1991
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