ReCommunity Recycling has purchased recycler JFD Associates Inc. for an undisclosed amount.
With the acquisition the Charlotte, N.C.-based ReCommunity adds JFD’s recycling facility at its Farmingdale, N.J., headquarters, according to a news release. It is the fifth processing facility for ReCommunity in New Jersey.
“We are pleased to welcome JFD to the ReCommunity family,” said Sean Duffy, ReCommunity president. “Their commitment to their customers and their community-centric vision for resource recovery is perfectly aligned with our core values and brand. We have worked with JFD for several years prior to this acquisition, and this is an excellent next step to bring enhanced service to JFD's long-term customers.”
JFD was founded by Joseph Derrico and Andie Holt, and has operated the facility for more than 10 years.
“We are excited at the opportunity to join forces with ReCommunity,” said Holt, who will be joining ReCommunity as a regional controller for several regions, including the Mid-Atlantic Region.