The closure of two recycling drop-off locations in West Michigan highlights the need for the industry to focus on operational efficiency at a time when margins are shrinking. But recycling advocates say the loss of access stemming from the two closures could act as a deterrent in the push to increase Michigan’s recycling rate, which is about 15 percent and ranks among the bottom of all U.S. states.
A Haworth Inc. policy to avoid sending waste to landfills has put the company in a bind as the recycling industry struggles to react to a glut of materials flooding the market.
KALAMAZOO — The public’s view of the Kalamazoo Nature Center is one of beautifully preserved nature trails, numerous wildlife habitats, and a safe haven within the urban areas surrounding it.
BYRON TOWNSHIP –– As Kent County looks to exit the landfill business by 2030, executives say West Michigan’s construction industry will need to adjust to a new model.
West Michigan manufacturers could be sitting on a widely available yet untapped revenue stream: old corrugated cardboard.
Many organizations will likely stick with their sustainability and environmental commitments, regardless of the Trump administration’s decision to withdraw the U.S. from the historic Paris Agreement.
Here is the MiBiz Growth Report for March 6, 2017:
• M&A: American Grease Stick Co. of Muskegon was acquired last year by 3 Rivers Capital, a Pittsburgh, Pa.-based private equity firm. A manufacturer of branded automotive fluid transfer lines and related products for the automotive aftermarket industry, AGS has operations in Muskegon and the U.K. The company, which was founded in 1931, sells products through a variety of aftermarket retailers, including Advanced Auto Parts, AutoZone and Pep Boys, according to a statement. 3 Rivers purchased the company for $10 million from the Rosen family, according to a report in the Pittsburgh Business Times. The deal was backed by $9.75 million in subordinated debt and an equity co-investment from PNC Mezzanine Capital. JP Morgan Chase also provided debt financing for the transaction. Metz Lewis Brodman Must O’Keefe LLC of Pittsburgh served as legal counsel to 3 Rivers Capital. The sellers worked with investment banker Stout Risius Ross Inc. of Chicago.
Michigan’s Great Southwest Sustainable Business Forum of St. Joseph has completed its merger into Grand Rapids-based West Michigan Sustainable Business Forum.
BYRON CENTER — West Michigan could become a hub for innovative waste processing companies in the coming years.