National Storm Recovery (OTC: NSRI) this morning announced that it has acquired Mulch Manufacturing, Inc. Following the identification of significant synergies and strategic benefits involved, the company acquired the 35-year-old industry leader and innovator via a share exchange. “With Mulch Manufacturing’s national and international distribution, its sales contracts with many big box retailers and the increase in production and packaging capacity it provides, this strategic acquisition has positioned us as – The Sustainable Green Team,” National Storm Recovery CEO Tony Raynor stated in the news release.
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About National Storm Recovery
National Storm Recovery, Inc., based in Florida, through its subsidiaries, provides tree services, debris hauling and removal, biomass recycling, mulch manufacturing, packaging and sales. The company was established with the objective of providing a solution for the treatment and handling of tree debris that has historically been disposed of in landfills, creating an environmental burden and pressure on disposal sites around the nation. The company and its Sustainable Green Team’s solutions are founded in sustainability, based on vertically integrated operations that begin with collecting of tree debris through its tree services division, and collection sites, then through its processing division, recycling and using that tree debris as a feedstock that is manufactured into a variety of organic, attractive, next-generation mulch products that are packaged and sold to landscapers, installers and garden centers. The company plans to expand its operations through a combination of organic growth and strategic acquisitions that are both accretive to earnings and are positioned for rapid growth from the resulting synergistic opportunities identified. The company’s customers include governmental, residential and commercial customers. For more information, visit the company’s website at www.NationalArborCare.com
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