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USA Recycling Buys Oil Filter Recycling FirmUSA Recycling Buys Oil Filter Recycling Firm

Allan Gerlat

June 11, 2012

1 Min Read
USA Recycling Buys Oil Filter Recycling Firm

USA Recycling Industries Inc. has bought a majority ownership of oil filter recycling firm Lucas Lane Inc.

The Reading, Pa.-based scrap metal recycling firm said in a news release it purchased 51 percent of the stock of Lucas, based in Bernville, Pa.  The deal provides a strategic bolt-on acquisition and growth opportunity, the company said.

The United States annually generates 425 million used automotive oil filters that  contain 160,000 tons of iron units and 18 million gallons of oil. The company said recycling those filters annually would result in the recovery of about 160,000 tons of steel.

"Based on the number of oil filters used every year in this country, we believe that the addition of the collection and disposal of used oil filters is a lucrative opportunity that will add significant revenue to the company's operations in the near term,” said USA Recycling CEO Vincent Smith.


About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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