ReCommunity Acquires Hudson Baylor

Acquisition positions ReCommunity as the largest pure-play recycling company in the United States

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Jan 04, 2012, 08:00 ET

CHARLOTTE, N.C., Jan. 4, 2012 /PRNewswire/ -- ReCommunity, a leader in the resource recovery industry announced today that it has acquired Hudson Baylor. With the addition of Hudson Baylor's 12 facilities in the Northeast and Southwest, two additional facilities opening in 2012, and 300 superb and dedicated employees, ReCommunity will operate 36 facilities in 12 states, and employ 1,150 talented and experienced people. The move also initiates ReCommunity's expansion into the Western United States with Material Recovery Facilities (MRFs) in Scottsdale, Phoenix, and Tucson, Arizona. Hudson Baylor's glass bottle recycling facility also meaningfully complements ReCommunity's operations.

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"We are grateful and pleased to welcome Hudson Baylor, a market leader that shares our community-centric vision for next-generation resource recovery, to the ReCommunity family," said Jim Bohlig, ReCommunity's chief executive officer. "Our great admiration for Hudson Baylor and the community partners it serves inspired us to bring our vision for creating value for communities to the broadest possible audience."

Hudson Baylor has been in the recycling business for 28 years and its mission of environmentally-responsible solutions, ethics and reliability will be honored in the combination with ReCommunity. "I believe the merged company will continue to provide the recycling industry with the best service for its clients through the strong commitment of its loyal employees," said Scott Tenney, president and owner of Hudson Baylor.

"Our mission is to continuously improve community sustainability through maximized resource recovery. With this commitment, we strive to expand our community partners' economic and environmental development while creating valuable jobs," said Jim Bohilg. "As part of our mission, we are heavily-focused on innovation and technology intended to maximize the value of community resources for our partners and the families and businesses they represent."

ReCommunity

ReCommunity, headquartered in Charlotte, North Carolina, is a leading recycling, recovery and repowering company that is focused on dramatically reducing the volume of land-filled waste through conversion into useful products such as recycled commodities, low-carbon energy, ReEngineered Feedstock™, bio-fuels and other value-added recycled products. The company aims to lead a Recovery Revolution™ by repositioning waste as a strategic community resource instead of a growing liability. ReCommunity enables community partners to generate additional revenue, recover community owned resources, create new jobs, fund budget shortfalls, and reduce their carbon footprint. For more information, visit www.recommunity.com.

Media:	Rob Doughty, PR Representative
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Investors:	Steve Klueg, Chief Financial Officer
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