EUGENE, ORE. (May 24, 3 p.m. ET) — Bulk Handling Systems of Eugene, which makes optical sorting equipment for separating recyclables from municipal solid waste, has purchased National Recovery Technologies Inc., a major player in PET bottle and flake sorting equipment.
National Recovery Technologies, of Nashville, Tenn., claims to have the world's largest installed capacity in PET reclamation plants. The company makes equipment that removes contamination from a stream of scrap PET containers and separates polymers based on fire-retardant or non-fire-retardant properties and color.
National Recovery Technologies also makes equipment that separates vinyl containers from a load of PET bottles.
Terms of the deal were not disclosed.
Founded in 1981, National Recovery Technology holds 29 U.S. patents and five patents in other countries. “NRT was founded by some of the brightest scientific minds in the industry,”
said Bulk Handling Systems CEO Steve Miller.
Following the acquisition, BHS announced a new president for National Recovery Technologies: Matthias Erdmannsdoerfer. He has more than 15 years of executive leadership experience in the material handling and capital equipment industries. Most recently, he was president and CEO of conveying equipment supplier Beumer Corp. and as president of Eisenmann Corp., a maker of conveying systems, industrial paint lines and robots.
Edward Sommer, an expert in the optical sorting field and major patent holder, has accepted a position of chief technology officer.
Bulk Handling Systems builds large sorting systems for material recovery facilities handling municipal solid waste.