Crain's Detroit Business

Michael Bassirpour

Michael Bassirpour is on a mission to become the largest metal recycler in the Midwest, and he’s making moves in the right direction. Bassirpour, CEO of Roseville-based GLR Advanced Recycling, signed a joint venture agreement in mid-August with Holland-based Padnos recycling — the latest in a string of growth plays. Since taking the helm of …

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Strategic Partnerships

Padnos Acquires Significant Interest in GLR Advanced Recycling to Form Strategic Partnership Combined, the partnership will have 24 locations throughout Michigan Grandville, Mich. – Two family-owned recycling businesses, with nearly two centuries of combined years in operation, have joined forces to expand capabilities and grow throughout Michigan. Today, Holland, Mich.-based PADNOS and Roseville, Mich.-based GLR …

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Crain's Detroit Business

Bassirpour Yard

Deal signed Wednesday, announced Friday Padnos purchased ownership stake in GLR Two companies to operate separately under same names Roseville-based GLR Advanced Recycling has entered a joint venture agreement with Holland-based Padnos, strengthening ties between the two longtime, family-owned recycling businesses. The deal for Padnos to purchase ownership stake in GLR was finalized Wednesday and …

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dbusiness - The Ticker

How a recycling business in Roseville offset a steep drop in global commodity prices. When prices for copper, aluminum, iron ore, and other commodities began to fall in 2013 due to a slowdown in demand from China and developing countries, Michael Bassirpour saw an opportunity to inject technology into a historically stoic industry. A partner …

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American Recycler

The automotive recycling industry has experienced one of the worse economic periods in decades. Recycling companies are worried… Investors are cautious and scrap processors are downright jittery. Industry experts say 2017 will probably be better, but business is still unlikely to be robust. According to Sean Kelly, a research assistant in the Center for Resource …

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