ARS Recycling Systems completed the acquisition of Ernest Industries. ARS is a portfolio company of Ironwood Capital.
Ernest Industries is a fabricator of short load concrete mixers and road stripping machines and has a diverse mix of customers including OEMs, contractors and municipalities. The products are correlated to infrastructure improvements.
Founded in 1991, ARS is the preeminent designer and manufacturer of recycling machines and dust collectors in North America with a portfolio of various sized machines for applications across multiple markets. ARS is headquartered in Lowellville, Ohio.
“This acquisition will allow us to take our fabrication expertise in infrastructure and expand into additional markets via new customers. It’s an exciting growth opportunity and strengthens ARS across the board,” Bob Vucenovic, president and CEO of ARS, said. “Additionally, the asset base of Ernest Industries will allow ARS to fabricate more subassemblies in-house, thereby improving lead time and mitigating price increases to our existing bridge, petrochemical tank and marine customers,” said Vucenovic.
