Adirondack Plastics & Recycling, Inc.

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Adirondack Plastics & Recycling, Inc. - overview

Established

1991

Location

Argyle, NY, US

Primary Industry

Power & Utilities

About

Adirondack Plastics & Recycling, Inc. is focused on recycling and processing plastic waste into reusable materials, contributing to environmental sustainability and advancement in recycling technologies. Founded in 1991 and headquartered in Argyle, US, Adirondack Plastics & Recycling, Inc. specializes in plastic recycling.


The company has undergone strategic developments to enhance its operations but has not reported any recent pivots. The last funding round was a VENTURE DEBT of USD 130,000 completed by Advantage Capital Partners on December 29, 2003. It is noted that the company has been involved in one deal to date. Adirondack Plastics & Recycling, Inc.


specializes in advancing recycling technologies aimed at creating a circular economy for plastics. The company’s primary offerings include the processing of plastic waste into 3/8 inch regrind flake, utilizing advanced shredding and grinding machinery. This addresses environmental challenges posed by plastic waste by repurposing materials that would otherwise contribute to landfills. Their services cater to a variety of industries reliant on sustainable materials, extending operations to a national client base and effectively managing ocean-bound plastics and providing certified destruction of sensitive materials.


Adirondack Plastics & Recycling, Inc. generates revenue through direct business-to-business transactions, primarily focusing on partnerships with companies requiring plastic recycling and waste management services. Transactions typically revolve around service contracts for toll grinding and certified destruction, which involve fixed pricing based on material processed. Their revenue streams are supported by the recent acquisition of Adirondack Plastics and Paper Recycling, enhancing operational capacity and client reach.


The company maintains steady revenue flow through structured contracts that align with industry standards for recycling and waste management. Looking ahead, Adirondack Plastics & Recycling, Inc. plans to expand its service offerings and geographic reach. While specific details on new products or their launch dates have not been disclosed, the recent VENTURE DEBT financing of USD 130,000 will be utilized to support these initiatives, potentially enhancing their recycling capacity and ability to enter new markets.


Target geographic regions for expansion have not been stated, but the focus will likely remain on enhancing their national client base.


Primary Industry

Power & Utilities

Sub Industries

Waste Management

Website

www.plasticsworldwide.com

Verticals

Clean Technology

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Adirondack Plastics & Recycling, Inc. - employee data

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