Velbert, Germany-based Doppstadt says its new Inventhor Type 6 model is part of the latest generation of slow-speed shredders and is designed to deliver maximum efficiency during shredding.
Applications for the Inventhor Type 6 include the shredding and recycling of wood and other materials at landfills and recycling facilities, or at thermal waste processing operations in pre-shredding through to the homogenization step.
Doppstadt says its multi-tool concept means the Type 6 can be quickly adjusted to run different materials by switching out the entire shredding system (shaft with teeth, toothed bar and, if necessary, limiters).
The model’s Smart Hopper has a volume of two cubic meters (2.6 cubic yards), which can be increased up to approximately five cubic meters (6.5 cubic yards) by using auxiliary attachment panels, says Doppstadt. The Smart Hopper can either be loaded and tilted to feed a batch, or it can be set at an angle so material automatically slides into the shredding area.
Many components of the Type 6 have been optimized to ensure easy accessibility and quick conversions, adds Doppstadt. “Our easy access concept with a counter comb opening up to an angle of 90 degrees makes the entire shredding area and engine compartment easy to access,” states the firm. “This means that maintenance and switchover procedures can be carried out quickly and safely.”
The firm lists the Inventhor Type 6 as the successor to its DW 3060 model, and now “the first choice for anyone whose operations profit significantly from reliable and cost-optimized shredding.” Adds Doppstadt, “All the experience from the DW 3060 series was systematically analyzed and incorporated into the new machine’s concept.”
The machine also features Doppstadt’s VarioDirect Drive concept and gearbox, which allows the operator to stop and start the shredding process even under load. Thus, in case of a blockage, the Vario gearbox can automatically switch to reverse mode in order to reliably protect the Inventhor Type 6 from damage, according to the firm.
The company says it expects the market launch for the Inventhor Type 6 to be in May 2020. Additional information on the machine is available on the company’s website.
Photo provided by Messe München.
IFAT event canceled for 2020
Europe’s largest environmental trade fair, after originally rescheduling, instead cancels.
Messe München, the organizer of IFAT 2020, has announced that the five-day environmental industry trade fair in Munich has been canceled. The show was originally scheduled to take place in May and then was rebooked for Sept. 7-11.
“In consultation with the Executive Board of the Exhibitors’ Advisory Board and the conceptual partners of IFAT, a survey among IFAT exhibitors revealed that most respondents are against holding IFAT from Sept. 7 to 11, 2020,” stated an emailed announcement from Messe München.
“A safe and successful IFAT 2020 for all concerned—that was our primary concern,” comments Stefan Rummel, managing director of Messe München. “Due to the still unforeseeable circumstances, this objective is unfortunately no longer feasible, even for the new date. We, therefore, cancel the alternative date with a heavy heart.”
The survey was accompanied by “intensive discussions with industry associations, partners and many exhibitors from all segments of IFAT,” adds Messe München. The survey of exhibitors, carried out online the week of April 13-17, found that 64 percent said they did not think it was justifiable to hold IFAT in September (737 respondents), and 507 respondents also indicated “they would like to pause due to low expectations of the fair’s success.”
Adds Rummel, “The next IFAT will take place from May 30 to June 3, 2022. We will continue to develop and digitally complement our platform in order to add fresh impetus to the environmental industry—both at our home base in Munich and internationally.”
The same email indicates that visitor tickets “will automatically be refunded” and says those seeking more information can go to this web page.
Meridian Waste CEO talks company expansion
Walter “Wally” Hall spoke about the acquisition of the Shotwell Companies and the company’s larger goal of expansion in the Southeast.
Meridian Waste, Charlotte, North Carolina, made news when it announced it had acquired the Raleigh, North Carolina-based Shotwell Companies on Jan. 10.
Walter “Wally” Hall, CEO of Meridian Waste, spoke with Construction & Demolition Recycling about the acquisition and the company’s larger goal of expansion in the Southeast.
Construction & Demolition Recycling (CDR): You just completed your 11th acquisition since partnering with Warren Equity Partners in April 2018. What is your philosophy in pursuing this aggressive growth strategy?
Wally Hall (WH): Meridian Waste is a company defined by a strong commitment to serving its customers, caring for and engaging employees and generating financial value for shareholders while providing a clean and healthy community.
Acquisitions, both small and large, will always be a core element of the company’s growth strategy. The solid waste industry is cyclical in nature and what Meridian Waste is experiencing now is very similar to the late 1990s and early 2000s, and before, in the 1970s and 1980s. Major consolidation is taking place within the industry, creating a unique space for a midsized, well-funded, independent and experienced environmental services team. We are stepping in and fulfilling the void left by consolidation throughout the industry currently at elevated national and local levels.
Meridian Waste has the flexibility, out-of-the-box thinking and access to financial resources via a very positive relationship with our equity partner, Warren Equity Partners. Together, we identify and fund acquisition targets. There are hundreds of closed acquisitions and integrations completed under the teams’ cumulative history with previous solid waste companies. With Meridian Waste as a relatively young but nimble company, we can efficiently negotiate fair purchase agreements, fund closure quickly and integrate the operating assets successfully.
CDR: Given your recent activity, is there a particular segment of the market or geographic location you’re looking to expand in?
WH: Meridian Waste is keenly interested in expanding its operational footprint and densifying its collection and disposal assets throughout the Southeast. The region is a market that has the land mass capacity to grow and develop, expand in population and it has new and pending construction and demolition project permits that are plentiful. Also, tuck-in along with new market acquisition opportunities are available. The Southeast is a geographic location where our leadership team is extremely familiar having built and operated the original core Advanced Disposal assets throughout the first 12 years of the company’s 19-year history.
CDR: You just acquired the Shotwell Companies. Can you describe how you envision their team integrating with your company?
WH: The Shotwell Companies acquisition in Raleigh closed in early January. The acquisition marked Meridian Waste’s entry into a brand-new marketplace for the company. The uniqueness of this transaction is that it immediately created a fully integrated operation within a new geographic location. The Shotwell C&D Landfill along with the presence of existing C&D transfer stations readies the company to benefit from the significant construction boom across what is known as The Triangle, a region in the Piedmont area of North Carolina. With the opening of the nearby Morrisville Transfer Station, the company will begin internalizing MSW loads from the Raleigh-Durham area at its Lunenburg Landfill in southern Virginia by the end of the first quarter.
One of the attractions of the Shotwell acquisition was the enthusiasm of its local management and ownership team to work within the Meridian Waste management structure and gain access to capital to expand operations. All Shotwell Company employees transitioned to Meridian Waste as team members, and they are excited about the opportunities ahead. Meridian Waste has expanded services to include permanent roll-off solid waste collection (previously the Shotwell Companies solely collected C&D materials), and the company will be entering into the frontload commercial line of business before year’s end. The integration has gone smoothly, and all accounting and operational software systems have transitioned to Meridian Waste platforms. Marketing and branding are ongoing initiatives. The red, white and blue colors on Meridian Waste trucks will be on the streets of the Raleigh marketplace in the upcoming weeks.
CDR: How did you first become affiliated with their team and what attracted you to their organization?
WH: When you’ve been in the garbage business as long as I have, you meet many people along the way. Potential acquisitions which don’t originally come to fruition can re-emerge and be successful in later years. That’s my story with the Shotwell Companies. I met Shotwell’s owner, David King, in my previous role as co-founder and COO of Advanced Disposal. David is a down-to-earth, feet-on-the-ground kind of owner—just the type I like to have on my team. His passion for his business and customers was evident, and combined with a dash of cockiness and well-deserved sense of accomplishment, this made him a tough character to forget! It was under Meridian Waste that the stars aligned, and a deal was forged to buy the Shotwell Companies and its network of disposal assets, including landfill and three transfer stations, making it such a powerful play for the company.
CDR: What does this acquisition bring to the table for your team?
WH: The answer to this question is simple and two-fold: 1) Immediate C&D waste as well as MSW waste internalization, and 2) A strong springboard for both hauling and disposal growth and expansion in the fastest-growing city in North Carolina, which is the 33rd fastest-growing marketplace in the United States.
CDR: Anything else important to note that I didn’t ask (future plans, goals, etc.)?
WH: Given your publication’s audience, I want to share my position on the C&D market and why Meridian Waste is bullish on C&D disposal and hauling investments and acquisitions. Some of Meridian Waste’s largest acquisitions have had at their very core, C&D disposal facilities. In November 2018, we acquired a Knoxville, Tennessee, marketplace acquisition with Knoxville Landfills LLC which included two C&D landfills and related hauling assets. In January 2020, we acquired the Shotwell Companies including the Shotwell C&D Landfill, plus two C&D transfer stations. We are seeing in these locations, and in many other operating locations, that C&D disposal pricing is meeting or exceeding MSW disposal pricing and that there is strong demand for hauling services. Just like any real estate transaction, location is at the very heart of the success of the deal. However, when a growth location can be paired with a viable C&D disposal facility and efficient operational hauling support, the results can produce strong financial earnings and a base of business for expanding additional environmental services lines of business. We are committed to C&D investments and foresee additional growth in this sector in key locations.
This article originally appeared in the March/April issue of Construction & Demolition magazine. The author is the editor of Construction & Demolition Recycling and can be reached at aredling@gie.net.
Steel Dynamics Inc. (SDI), Fort Wayne, Indiana, has reported slightly lower sales for its first quarter of 2020 compared with the first quarter of 2019. The company achieved first-quarter 2020 net sales of $2.6 billion and net income of $187 million. Comparatively, prior-year first-quarter net sales were $2.8 billion, with net income of $204 million, SDI reports in a news release on its first-quarter earnings.
Sequential fourth-quarter 2019 net sales were $2.4 billion, with net income of $121 million. SDI reports the lower figures in the fourth quarter of 2019 were associated with planned maintenance outages at its two flat-roll steel mills.
“The team delivered a strong first quarter 2020 performance in a challenging operating and market environment,” says Mark D. Millett, president and CEO at SDI. “Solid underlying steel demand during the first quarter combined with our value-added product capabilities allowed us to achieve record quarterly steel shipments. Our first quarter 2020 consolidated operating income was $274 million with adjusted [earnings before interest, taxes, depreciation and amortization] EBITDA of $356 million.”
The COVID-19 virus and restrictions play into the firm’s outlook, Millett says. “It is still too early to determine the full scope of the negative impact COVID-19 will cause to global economies and the related impact to domestic steel demand. At this time, domestic steel orders related to certain sectors have slowed considerably due to the temporary closures of numerous steel-consuming businesses.” He says the automotive industry shutdowns, in particular, have pinched steel demand.
Millett says the economic turbulence has not changed SDI’s plans in Sinton, Texas, where it is investing $1.6 billion to build what he calls a “new state-of-the-art, electric-arc-furnace (EAF) flat roll steel mill.
“We remain excited about this strategic project and the associated long-term value creation it will bring through geographic and value-added product diversification. We entered this crisis in a position of strength with ample cash and available liquidity. Our differentiated business model and performance-driven culture has proven our ability to generate strong cash flow during challenging times such as these," he continues.
Although the automotive hiatus has hurt sales, Millett adds, “Conversely, construction is the largest single domestic steel-consuming sector, and while some projects have been disrupted or postponed, at this time the sector still remains intact. Our steel order activity from construction customers, as well as our strong steel fabrication order backlog, supports this sentiment. When states begin to ‘reopen’ across our nation, we believe steel demand will likely respond quickly based on current customer buying patterns and already low steel inventories throughout the supply chain.”
Update on COVID-19
In the company’s latest earnings report, Millett adds that SDI has been very focused on protecting the health and well-being of its employees.
“We are closely monitoring the COVID-19 situation and have implemented numerous additional practices throughout our organization to protect each of us,” he says. “I want to thank our more than 8,400 team members for remaining steadfast and passionate. We continue to operate safely with a spirit of excellence, and I am incredibly proud to work alongside each one during this unprecedented time. Our commitment is to the health and safety of our people, our families, and our communities while serving our customers. This commitment is supported by the strength of our capital foundation and unmatched cash flow generation capability that exists in both strong and weak demand environments.”
VCES joins C.W. Machine Worx as exclusive distributor in California
C.W. Machine Worx has announced that Volvo Construction Equipment & Services will be the exclusive distributor of its dust suppression products in California.
VCES is a leading provider of construction equipment and services throughout the state and will be offering a wide range of dust suppression equipment for sale or lease at all seven of its branch locations. According to the company, by adding dust suppression equipment to its already diverse product line, VCES is strengthening its commitment to the safety of its customers, the public and the environment.
As a manufacturer of self-contained and trailer-mounted dust suppression equipment, C.W. Machine Worx says dust suppression technology provides a safe and effective way of preventing harmful particles from escaping construction and demolition projects.
For more information, contact 760-277-8307 or visit www.vcesvolvo.com.