As editor of Toter Inc., the second largest rotational molder in North America, has a new owner. The buyer is Wastequip Inc., a Beachwood, Ohio-based maker of waste handling, recycling and material handling equipment.
Wastequip announced the deal today, but did not disclose the terms. Toter is based in Statesville, N.C., and makes plastic carts used in residential curbside waste and recycling systems.
A news release from Wastequip quotes John Scott, Toter's president and chief executive officer, saying the deal "will allow us to continue to expand our product and service offerings."
Toter has plants in Statesville; Del Rio, Texas; Acuna, Mexico; and Sanger, Calif.