Wednesday, June 13, 2012

USA Recycling Industries, Inc. (USRI) Signs Oil Filter Collection and Disposal Services Agreement

USA Recycling Industries, a Pennsylvania-based scrap metals recycler providing specialty recycling services throughout North America, announced after the closing bell today that Redwood Recycling of Staten Island, N.Y., is now offering oil filter disposal services to its significant customer base in the New York Metropolitan and surrounding areas via USRI’s oil filter disposal process. Where previously there was no market for oil filter disposal in that area, Redwood Recycling can now offer a market to its customers for the recycling of oil and steel byproducts.

“We are very excited to offer our oil filter disposal services to Redwood Recycling’s New York customers,” stated USA Recycling Industries CEO Vincent J. Smith. “This will create a significant value for used oil filter generators where previously that did not occur.”

“Redwood Recycling has serviced the scrap metal industry in New York for more than a decade and services the largest market in the continental United States: the New York Metropolitan and surrounding areas,” Smith added. “We are pleased to work with a company that has such an outstanding history, and we look forward to aiding them in providing their customers with a vital recycling service not previously available.”

With more than 10.8 million registered vehicles in the state of New York, Redwood Recycling will be able to add significant revenue to its operations by implementing USRI’s oil filter disposal process. Recycling all the filters sold in the U.S. each year would result in the recovery of approximately 160,000 tons of steel alone. Offering this recycling service in the New York Metropolitan and surrounding areas (the largest market in the continental U.S.) is a significant stride forward in reclaiming valuable resources and deploying USRI’s oil filter disposal process throughout the country.

To learn more about the company, visit www.usarecyclingindustriesinc.com

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