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    West Michigan’s Padnos makes three acquisitions: Here’s where

    By Madalyn Buursma,

    1 days ago

    https://img.particlenews.com/image.php?url=0OTvrU_0vT0isGk00

    HOLLAND, Mich. (WOOD) — West Michigan-based Padnos has acquired three recycling facilities.

    Padnos , which is headquartered in Holland and Grandville, has acquired two more locations in Michigan, Howe Auto Sales in Bay City and Grandpa’s Garage in Traverse City, it announced Wednesday. It has also acquired Sam Winer & Company Inc. in Elkhart, Indiana.

    The Traverse City facility will be consolidated with a nearby Padnos location, Padnos Traverse City. The other two will be renamed Padnos Elkhart and Padnos Bay City.

    More than 100 years old, PADNOS continues path toward sustainability

    “These three acquisitions align with our strategy to grow our regional network,” said Jonathan Padnos, president and CEO of Padnos, said in a release. “PADNOS looks forward to serving the communities in Elkhart and Bay City while continuing to serve in Traverse City.”

    The industrial recycler has 30 locations between Michigan and Indiana, with more than 900 employees. The fourth-generation, family-owned company recycles material like metals and plastics.

    “We look forward to growing our recycling center footprint and providing the great PADNOS customer service experience at these new locations,” CFO Ben Irwin said in the release.

    Padnos was first founded in 1905. In 2022, its efforts in sustainability earned it recognition from the West Michigan Sustainable Businesses Forum during the 9th Annual Triple Bottom Line Bash.

    Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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