Avis Industrial Corporation Acquires IPS Balers From CP Manufacturing
Avis Industrial Corporation, a privately-held company with ten subsidiaries throughout the United States, Canada and Mexico, has announced the acquisition of IPS Balers, Inc. in Baxley, Georgia.
IPS Balers, Inc. is a manufacturer of ferrous, non-ferrous, plastics, and mixed fiber balers. IPS has been providing balers and conveyors to the recycling industry for nearly two decades. Since 2008, IPS was a part of the CP Group of Companies, an international manufacturer of material recovery facilities and equipment including disc screens, trommels, optical sorters and other material separation and recovery equipment.
With this acquisition, IPS becomes the third baler company in the Avis Industrial holdings and joins The American Baler Co. and The Harris Waste Management Group, Inc. Avis subject companies manufacture and sell shears, shredders, and compactors among other products in the recycling industry.
Leland Boren, Chairman and Chief Executive Officer of Avis Industrial states, “We are pleased to add IPS to our baler manufacturing companies. The features that are exclusive to IPS machines, including the pre-compression lids, hinge sides, and bale-tie two rams, are innovative and allow us to meet the requirements of even more customers in the recycling industry.”
In conjunction with this sale, Avis Industrial is pleased to announce the naming of CP as a strategic international distributor, authorizing CP to sell all of the Avis lines of balers.
“Six years ago, CP acquired IPS to offer customers a complete package to our sort systems. Now, as a distributor for Avis, we will be able to offer our customers even more baler solutions. CP looks forward to a long and mutually beneficial business relationship with Avis,” says CP President, Terry Schneider.
Avis says in turn, they will have direct access to CP sorting systems, including industry-leading disc screens and optical sorters, among other MRF equipment components. Boren concludes, “We are excited about future opportunities with CP, leveraging their MRF equipment and design solutions within our network.”
Schneider and Boren jointly stated they believe the global recycling industry is in its infancy. The requirements and interest in sustainability and finding solutions to reduce waste and landfills have increased enormously.