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Padnos has announced the acquisition of Saginaw, Michigan-based B. Clinkston & Sons Inc., saying the move will expand its recycling footprint in the Wolverine State.
Padnos, based in Holland, Michigan, describes B. Clinkston & Sons as a third-generation family-owned company that was founded in 1915. The acquiring company was founded in 1905 by Louis Padnos and now has 26 locations in Michigan and Indiana.
“The work that Steve Clinkston has done to build on the legacy of his family’s business is admirable,” Padnos President and CEO Jonathan Padnos says. “Clinkston is a highly reputable scrap business and a pillar in the Saginaw community. We are proud to join forces and continue the positive impact in the Tri-Cities area. This move furthers our regional consolidation and is the next step in our growth strategy.”
Padnos recycles ferrous and nonferrous metals, end-of-life vehicles, paper, plastics and electronics.
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