Circular Services has acquired Midwest Fiber Recycling, enhancing the portfolio of materials recovery facilities within Circular Services' recycling arm, Balcones Recycling.
The company says it marks an expansion into the US Midwest to support existing recycling infrastructure and services in the region and increase the recovery of valuable materials in domestic supply chains.
Midwest Fiber's management team will continue to operate. Midwest Fiber began in 1990 when founders Ron and Linda Shumaker purchased the Decatur Recycle Paper Company.
Since then, with sons Mike and Todd, they have grown the company into one of the largest recycling operations in the Midwest, with facilities in Decatur, Normal, Urbana and Peroria, Illinois and Terre Haute, Indiana.
“Right Partner” “Todd and I have been waiting to find the right partner,” said Midwest Fiber CEO Mike Shumaker. “Circular Services and Balcones Recycling's unique focus on promoting the management of robust circular materials, as well as their long experience in operating recycling infrastructure, made them a great fit.”
Circular Services offers holistic circular materials management services through several companies, helping municipalities and businesses close the loop on valuable materials such as paper, metal, glass, plastics, organics, textiles and electronics.
Balcones Recycling is one of the nation's largest independent recycling companies, handling more than one million tons of recyclables each year through operations in New York, New Jersey, Florida, Texas, Arizona and Arkansas.
Following the acquisition of Midwest Fiber, it will operate 18 material recovery facilities throughout the US.
“The Shumakers built and led a great company with an outstanding reputation for serving the surrounding communities for more than 30 years,” notes Tom Outerbridge, CEO of Balcones Recycling.
“We are proud to join forces with Mike, Todd and their management team and leverage our collective expertise and growing portfolio of facilities to offer customized, efficient recycling solutions to more municipalities, counties and small to large businesses.”
