It has been reported widely that Sonoco Recycling has acquired American Recycling of Western North Carolina (ARWNC), a privately owned company located in Asheville, N.C.
ARWNC processes around 30,000 tons of recovered fiber annually at its Asheville MRF. The business generates approximately $9m in sales per year and it is located approximately 65 miles from Sonoco’s Newport, TN, recycled paperboard mill.
“This acquisition provides Sonoco’s mill operations with a stable, lower-cost supply of recovered fiber with the opportunity to grow volumes in the region,” said Palace Stepps, Division Vice President and General Manager, Sonoco Recycling.