US Plastics Recovery

USPR News Blog

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USPR Announces $1.5MM Credit Facility Capacity

FOR IMMEDIATE RELEASE

Lawrenceville, Georgia – September 13, 2018 – US Plastics Recovery (“USPR”), a leading processor of industrial polymer scrap, announced today that it has amended and restated its credit facility with its lender to increase capacity under its credit facility to $1.5MM.

“We are pleased to announce the addition of this higher capacity through our lender Summit Financial Resources,” said President Daniel Nolan. “Securing this Facility confirms our strong credit worthiness, innovative business model, and long-term outlook, while providing USPR with increased financial flexibility to support our growth strategy, focusing on new scrap streams, innovative processes, and very soon, new and better solutions for our valued clients.”

Above – polymer regrind suitable for the manufacture of refuse containers.

About USPR

Established in 2006, USPR is a leading re-processor of post-industrial polymer scrap and provider of destruction services for the medical device industry. With its new and larger facility in Lawrenceville, Georgia, USPR processes approximately 25 million pounds of scrap polymer back into quality molding materials suitable for automotive and other industries around the world. Visit USPR  at usprecovery.com to learn more.

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USPR covered in Spring, 2018 Plastics Recycling Update magazine

USPR invests $1MM in its new Lawrenceville, Georgia location.

US Plastics Recovery had industry magazine coverage of its recent strategic expansion in the Spring, 2018 edition of Plastics Recycling Update. The “Reclaimer in Focus” article described USPR’s new facility located in Lawrenceville, Georgia and the company’s investments in equipment and information systems. Over $1MM will be invested in this new location by the end of 2018. The resulting facility configuration will triple capacity over the previous facility.

US Plastics Recovery moved into its 70,000 square foot facility at the beginning of 2018 and immediately added new capacity. The company installed a 62″ Vecoplan high-production plastics shredder and a 52″ Vecoplan machine dedicated to medical device destruction. USPR is increasing its screening and flotation capacity with the addition of two more production lines in the third quarter of 2018. The comprehensive and proprietary IT systems implemented at the last plant gave the company real-time data visibility on production, inventory, sales, margin yield, scheduling, and other critical aspects of the business.

The company is now in possession of significant competitive advantages in the areas of information, cost, throughput, and quality. The capacity addition piles volume on top of the fully operational information systems and quality processes.

Click here to contact USPR

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USPR triples plastics recycling shredding capacity

USPR installs 70″ HiTorc Vecoplan plastics shredder as part of its 2018 strategic capacity expansion plan.

US Plastics Recovery is tripling its plastics recycling shredding capacity with the addition of a Vecoplan 70 HiTorc 250 HP shredder. In a statement on the startup of the machine, chief trading officer Steve Hogan said:

“I am very pleased to see this large shredder in place at the facility. USPR is experiencing increasing demand for industrial plastics recycling. This machine will result in quicker job turn-around and allow us to bring in waiting prospective clients. It brings us to the next step in our plan to triple total company capacity by year-end when a second float/wash machine goes on-line. Our customers are able to use our product at higher proportions than are typical for recycled plastics. Our customers reduce their materials costs by using recycled product rather than virgin resin. We have seen customers use our products at even 100%.”

Go to the Vecoplan 70 press release for more information about the addition of this machine.

Click here to contact USPR

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USPR moves to larger facility

USPR has implemented SCADA/MES/IMS.

US Plastics Recovery has completed its move into its third progressively larger facility, located in the City of Lawrenceville, Georgia.  The facility, located in Lawrenceville’s heavy industrial district, will have three times the capacity of the previous facility in place by the end of 2018.

In a statement on the completion of the move, President Daniel Nolan said:

“I am pleased to announce that we have successfully completed a move into a much larger facility. This latest facility is fully operational. It has more space, more electricity, more machinery, and more logistical capacity.  The facility will increase its capacity in steps throughout 2018 until it is triple that of the prior facility. Total invested capital in this expansion exceeds $1 million. It was well worth the cost, considering that this facility soon will be diverting over 50 million pounds per year of industrial polymer scrap from the nation’s landfills into high-quality consumer products.”

Contact:
Communications Officer
service@usprecovery.com
(770) 582-9616

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USPR displays with Vecoplan at Plastic Recycling Nashville 2018

USPR supplies shred samples to Vecoplan for Plastic Recycling Nashville 2018.

USPR was chosen again to provide shred samples for Vecoplan’s display at the Plastic Recycling 2018 trade show in Nashville.  These samples were processed on Vecoplan’s tough-as-nails 62″ double cutter conventional machine.

Dan Nolan, president of the company states, “This 62 Vecoplan machine is ideal for the tougher materials we process.  USPR is a common destination for materials requiring heav-duty shredding.  Vecoplan’s 62 delivers.”

It is no industry secret that USPR makes heavy use of Vecoplan shredders.  Tbe company has installed three Vecoplans – a 52 for medical device destruction, a 62 for purges, and a giant 250 horsepower 250 RPM 70 for general production.

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US Plastics Recovery displays with Vecoplan at NPE 2015

USPR supplies Vecoplan with toll shredding services for display at NPE 2015.

USPR was chosen by the leading shredder manufacturer Vecoplan to provide polymer shred samples in a combined company display at NPE 2015.  NPE is held every 3 years and is the largest and most prestigious conference of its type, attended by representatives of plastics companies from around the world.

As part of its goal to provide the best service and value to all its clients, USPR has multiple Vecoplan machines in its facility from 40″ up to 70″ with standard and electromagnetic computer controlled drives from 40 to 250 horsepower. Located in metro Atlanta, USPR provides shredding, granulation, purification, and scrap removal services to some of the largest and most well-known manufacturers in the North American plastics industry.