Wilmington, Mass.-based New England E Recycling LLC has purchased a major interest in RMG Enterprise, an e-waste recycling company that has facilities in Londonderry, N.H., and North Kingstown, R.I. Terms of the transaction were not disclosed.
New England E Recycling is a subsidiary of Office Paper Recovery Systems.
“The infusion of investment dollars and synergies with Office Paper Recovery Systems Inc. will assist us in managing our operations and fund growth for years to come,” said RMG Enterprise President Bob Gallinaro in a press release. “Up to this point we’ve focused primarily on processing bare tubes (CRTs) generated through our own dismantling activities. The investment enables us to expand capacity and further automate our line which will give us the ability to process for others in the industry as well.”