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Non-Tech : RECY Looking Good... A -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (3998)	2/9/1998 9:36:00 AM
From: Thomas Stanton	Read Replies (1) \| Respond to of 7006

Interesting Article RE: Recycling Industry. RECY NOT MENTIONED Monday February 9, 9:02 am Eastern Time Company Press Release SOURCE: SC Department of Commerce SC Department Of Commerce Announces Selection of Recycling Ventures For Southeastern Investment Forum COLUMBIA, S.C., Feb. 9 /PRNewswire/ -- The Southeastern Recycling Investment Forum announced today the selection of 16 ventures whose business plans will be unveiled at the Forum on Monday, February 23 in Charleston, South Carolina at the Francis Marion Hotel. The 3rd Annual Southeastern Recycling Investment Forum introduces promising recycling businesses to prospective investors. ''We are pleased that this year's presenting companies will be primarily seeking expansion equity financing -- many are already reaching multi-million dollar annual sales,'' said Ted Campbell, manager of the S.C. Recycling Market Development Advisory Council (SCRMDAC) which hosts the Forum for the Southeast region. ''We have screened business plans and selected the best candidates from an investment perspective, then reviewed and critiqued their business presentations to prepare them for making the best of this opportunity,'' noted Elyn Dortch, Senior Vice President of NationsBanc SBIC, a member of the Forum Selection Committee along with other investors and financiers. This year, the selected companies include American Tire Recyclers and EnviroTire Recycling that produce value-added rubber products. Three organics companies to be featured include CompostWorks which is starting a major metropolitan food residuals processing operation, Vermicycle Organics which uses earthworms to convert hog waste into organic fertilizer, and Sunset Turf whose nurseries produce winning specialty turf using yard debris compost. Environmental Solutions, Advanced Cellulose Engineered Products and Polymer Reclaim & Exchange each have developed unique methods for reclaiming and manufacturing from paper and plastic by-products. AutoSTAR is building its major parts remanufacturing business, Recycling Sciences is expanding markets for its patented solvent recovery systems and Quality Recycling Equipment is capitalizing a major metals recovery opportunity at federal facilities. National Landfill Management has discovered a process to regenerate landfills while producing saleable products and Vortex Combustion Company has developed an efficient technology for energy recovery. CTI Spaceboard, Aqua Shed and Superior Auto Recycling are all introducing new technologies to the recycling industry. In addition to seeing these exclusive business presentations and exhibits, the investors and economic developers attending the forum will hear from two keynote speakers who are leaders in the recycling and finance fields. Paul Garrett, CEO of FCR, Inc, will share lessons he has learned in building a diversified recycling company with $100 million in sales and venture capital financing. Gerald Benjamin, Senior Managing Partner of International Capital Resources, will detail capital-raising strategies from his new book, Finding Your Wings: How to Locate Private Investors to Fund Your Venture. As an added bonus, on Tuesday morning Forum participants have the option of touring Nucor Steel's $530 million flat rolled sheet mill in the Charleston area. Nucor is the largest volume steel scrap recycling company in the US. The Southeastern Recycling Investment Forum is being organized by SC RMDAC and KirkWorks with primary sponsorship by the U. S. Environmental Protection Agency. For further information, call Ted Campbell, SC RMDAC at 803/737-0477. Additional recycling investment forums are scheduled for Omaha on March 23 and Philadelphia on May 5. Organizers are the Nebraska Department of Economic Development at 402/471-3766 and the Northeast Recycling Council at 802/254- 3636. SOURCE: SC Department of Commerce