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GlyEco completes acquisition of GSS Automotive Recycling

04 Oct '13
2 min read

Sustainable glycol technologies leader GlyEco, Inc. has completed the acquisition of GSS Automotive Recycling, Inc. ("GSS"), based in Landover, Maryland.

GSS is a leader in the glycol recycling industry, serving over 1,500 customers in the Mid-Atlantic region. The business is known for its outstanding customer service and top-quality recycled antifreeze products.

The company was founded in 1997 by owner John Stein, who brings over 25 years of management experience to the organization. Joe Getz, who became a partner in the business in 1998, brings over 31 years of management experience. Mr. Stein and Mr. Getz will continue to manage day-to-day operations at the facility.

"The acquisition of GSS significantly expands our production capabilities," stated John Lorenz, chairman and CEO of GlyEco. "With a proven management team, large customer base, and reputation for delivering high-quality products, GSS is a great addition to our growing network of facilities. Our next step will be to ramp sales while we implement our Type 1 processing technology."

About GlyEco

GlyEco is a green chemistry company with a patent-pending technology for transforming a hazardous waste into green products. GlyEco Technology™ has the unique ability to clean the polluted glycols from all five waste-producing industries: HVAC, Textiles, Automotive, Airline and Medical. This technology recycles waste glycol to meet ASTM Type 1 specifications – the same level of purity expected of refinery-grade glycols.

GlyEco

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