48forty Solutions Acquires Allegheny Recycled Products

ALPHARETTA, Ga.--(BUSINESS WIRE)--48forty Solutions (48forty), the leading pallet management services provider, today announced that it has acquired Allegheny Recycled Products. The terms of the transaction were not disclosed.

Allegheny Recycled Products operates a 500,000 square-foot facility located in Pittsburgh, PA. The plant physically touches 2 million pallets per year and has over 200 trailers. Allegheny Recycled Products' dedication to its employees and their safety is a core operational goal. The company is proud of the employee retention they have experienced in the decades they have been in business.

Mike Hachtman, 48forty CEO, said: "Allegheny Recycled Products is known for its dedication to its customers, servicing them with integrity and transparency. John Cory and his leadership team bring key regional relationships and share our commitment to customer service and to dedicated employees who drive our success each day. We're excited to continue our growth journey alongside Allegheny Recycled Pallets."

John Cory, Allegheny Recycled Products CEO, said: "The union of Allegheny Recycled Products and 48forty is an important moment in the northeast region's pallet industry. For years, Allegheny Recycled Products has been the recycler of choice in this area. Now that we have combined forces with 48forty, we can offer best-in-class service and expand our service offerings while continuing to take care of our customers in the way we always set out to, with a personal touch. We cannot adequately express how excited we are for this opportunity to team up with the nation's largest and best pallet recycler."

ABOUT 48forty Solutions

48forty Solutions is the largest pallet management services company in North America, with a national network of over 216 facilities, including 47 company-owned and operated pallet recycling plants and more than 850 service providers. 48forty provides end-to-end pallet solutions from supply to retrieval, new and custom pallets, and reverse logistics services. It also operates one of the nation's largest private fleets of 4,900 trailers and nearly 350 power units. To learn more, visit 48forty.com or find them on LinkedIn.

ABOUT Allegheny Recycled Products

Allegheny Recycled Products is headquartered in Pittsburgh, PA, and was founded 28 years ago by John Cory and Bill Biedenbach. Allegheny Recycled Products has one 500,000 square-foot plant and is a one-stop-shop for providing pallet recycling. To learn more, visit www.arpallet.com.