GreenStone Acquires Pacific Rim Recycling

GreenStone Industries, the nation’s largest producer of cellulose insulation, just announced the acquisition of Pacific Rim Recycling, a curbside recycling business in Benicia, California. Entering the recycling business is an effort to deal with the rapidly rising cost of recycled newspaper. Eric Oganesoff, chairman and CEO of GreenStone Industries said that this move “represents a key component in our comprehensive strategy to manage the rising cost of secondary fibers.”