GP Harmon Recycling Expands Into Plastics Recycling Operations
GP Harmon Recycling Acquires Plastics Recycling Facility in Tennessee
JERICHO, N.Y., July 26, 2013 /PRNewswire/ -- GP Harmon Recycling, a leader in recycling solutions, today announced its acquisition of The Highlands Group, Inc.'s plastics recycling facility located in Elizabethton, Tenn. The facility's operations specialize in separating various polymers from mixed material streams to generate high-grade plastic raw materials that can be used for a variety of commercial purposes. This strategic acquisition expands GP Harmon's recycling technologies and service offerings.
"At GP Harmon, we look to make long-term, strategic investments in areas where we can add value for our suppliers, customers and our company," said Marc Forman, president – GP Harmon Recycling. "This acquisition expands our process capabilities and reach, allowing us to offer more options to meet our supplier and customer needs and preferences, as well as accommodate growth in our plastics recycling business."
For more than 40 years, GP Harmon Recycling has been offering its expertise to the recycled paper industry by bringing together buyers and sellers in transactions involving millions of tons of recycled paper annually. In 2007, the company expanded its portfolio of products to include non-fiber material such as plastics and metal. Today, GP Harmon transacts more than 100,000 tons of non-paper recyclable material, making it one of the largest recyclable commodities traders in the world.
GP Harmon Recycling distributes recycled materials in the United States and internationally. It employs about 185 people and currently has offices and operations in several states including New York, California, New Jersey, Georgia, Wisconsin, Arkansas, and now Tennessee. GP Harmon Recycling is a subsidiary of and the sole provider of recovered fiber to Georgia-Pacific, one of the world's largest manufacturers and marketers of bath tissue, paper towels, office paper, packaging, pulp, building products and related chemicals. Georgia-Pacific employs nearly 35,000 people worldwide. For more information, visit www.gp.com.
The Highlands Group, Inc., founded in 1988, is headquartered in Winston-Salem, NC, and has a well-established reputation within the plastics industry, focusing primarily on processing of injection grade commodity resins, parts and regrind.
SOURCE GP Harmon Recycling
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