Dive Brief:
- Atlas Paper Mills, a recycled paper manufacturer based in Miami, FL, purchased Accurate Paper Recycling Inc., a Tampa, FL-based commercial paper recycler.
- Atlas manufactures over 36,000 tons of recycled products annually, and its hand towels, bath and facial tissue are all comprised of 100% recycled content fiber.
- Atlas is leveraging the acquisition to expand its reach and accelerate the company’s growth.
Dive Insight:
According to the EPA, Americans use 69 million tons of paper and paperboard annually, with 37% of the fiber recovered and used to manufacture new paper products. In June, Green Box, a reclamation technology firm, announced its plans to operate two paper recycling facilities in Michigan. One will prepare food service paper scrap for processing while the other will convert pellets and bales into tissue, napkins and paper towels.