Recycler Jadcore gets private equity investment

By Jim Johnson
Senior Staff Reporter

Published: May 2, 2014 3:10 pm ET
Updated: May 2, 2014 3:12 pm ET

Related to this story

Topics Sustainability, Recycling

Recycler Jadcore Inc. is getting a new investors and is looking to grow.

Private equity firm Stonehenge Partners Inc. of Columbus, Ohio, is making an undisclosed, non-controlling investment in the Terre Haute, Ind.-based company.

Existing owners at Jadcore are maintaining a controlling interest in the company and will remain in place, said Blaige & Co, a Chicago-based investment banking firm that advised Jadcore on the deal.

“As a leader in specialty recycling, Jadcore represents an excellent platform for consolidation of this rapidly expanding sector. Stonehenge has the industry expertise and capital to assist in executing an aggressive growth plan,” said CEO Thomas Blaige in a statement.

Jadcore’s resins are used by others to make products such as flexible and rigid packaging, pipe and industrial products, Blaige & Co. said. Jadcore also makes recycled content trash can liners.


Comments

Recycler Jadcore gets private equity investment

By Jim Johnson
Senior Staff Reporter

Published: May 2, 2014 3:10 pm ET
Updated: May 2, 2014 3:12 pm ET

Post Your Comments


Back to story


More stories

Image

Proposed green building standard delayed until late 2016

November 27, 2014 6:00 am ET

Anyone not ready for a new green building standard — one that may include more favorable ratings for plastics — is getting something of a ...    More

Image

Group backs plastic window alternatives

November 27, 2014 6:00 am ET

A new industry working group is figuring out how to help plastic break through the glass ceiling.    More

RheTech to commercialize hemp fibers to replace glass in PP

November 27, 2014 6:00 am ET

RheTech Inc. plan to commercialize its first hemp fiber compounds in January.    More

Image

SPI hopes to build on EPS recycling

November 26, 2014 6:00 am ET

Successfully recycling expanded polystyrene can be a challenge, there's no doubt about that. EPS, however, has value, is in demand and deserves to be ...    More

Image

Pan-European plastics recycling show scheduled for 2015

November 26, 2014 6:00 am ET

Europe is to get its first pan-European exhibition and conference aimed at the region's plastics recycling industry next year.    More

Market Reports

Plastics Caps & Closures Market Report

The annual recap of top trends and future outlook for the plastics caps & closures market features interviews with industry thought leaders and Bill Wood’s economic forecast of trends in growing end markets. You will also gain insight on trends in caps design, materials, machinery, molds & tooling and reviews of mergers & acquisitions.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Plastics in Mexico - State of the Industry Report

This report analyzes the $20 billion plastics industry in Mexico including sales of machinery & equipment, resins and finished products.

Our analysts provide insight on business trends, foreign investment, top end markets and plastics processing activity. The report also provides important data on exports, production, employment and value of plastics products manufactured.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events