Padnos takes over Michigan recycler Regal

Market: Metals
03/07/19

US scrap metal recycler Padnos has acquired Howell, Michigan-based Regal Recycling.

Padnos will add Regal's two facilities in Howell and Whitmore Lake, Michigan, giving it 26 facilities throughout the state alongside partner company GLR Advanced Recycling. GLR entered into a strategic partnership with Padnos in August 2018.

Padnos will operate the former Regal site in Howell, while GLR will operate the Whitmore Lake location.

Regal has been in operation for more than 60 years as a scrap and automobile recycler and also offers demolition services and used auto parts.

"This move furthers regional consolidation and allows us to better serve our customers throughout Michigan," Padnos president Jonathan Padnos said.

Terms of the deal were not disclosed.

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