FV Recycling Acquires Tupelo Recycling

March 28, 2024

Hattiesburg, MS (March 28, 2024) – FV Recycling (FV), based in Hattiesburg, Mississippi, has acquired the paper recycling business of JET Polymer Recycling, commonly known as Tupelo Recycling. Acquiring Tupelo Recycling densifies FV’s overall footprint in North Mississippi, Alabama, Kentucky, and Tennessee. It also adds a recycling plant in Tupelo, Mississippi.

“We are pleased to announce the acquisition of Tupelo Recycling, which specializes in commercial recycling and baler equipment repair,” said FV Recycling President Gene Smith. “This addition to FV Recycling strengthens our market presence in the southeast and offers our customers more comprehensive recycling solutions.”

With the acquisition of Tupelo Recycling, FV now handles more than 500,000 tons of recyclable materials annually, has more than 135 employees across 16 states, and operates 70 trucks in its geographic area.

“We are excited to welcome Tupelo Recycling to FV Recycling and the Jones portfolio,” remarks Jonathan Duhon, Managing Partner at Jones Capital. “With the additional resources and capabilities from our expanded team and new location, this accomplishment supports our efforts to enhance FV’s best-in-class service offerings to its customers.”

About FV Recycling

FV Recycling is a commercial and industrial recycling company based in Hattiesburg, MS. FV is a portfolio company of Jones Capital. Since 2000, FV Recycling has provided customers with a full range of services to handle recyclable materials such as cardboard, paper, plastics, aluminum, and pallets. FV has evolved to focus on cardboard bale route hauling opportunities throughout the Southeastern U.S. with brokerage capabilities throughout the United States. In addition, FV offers specialized services such as baler sales and leasing programs, equipment service and repair capabilities. For more information, visit https://www.fvrecycling.com.

About Jones Capital

Jones Capital (Jones) began as a family business with a simple mission: to help communities, provide jobs and enhance lives. Today, with locations in Houston, TX and Hattiesburg, MS, Jones carries on that mission by being a growth-oriented, value-added capital partner to businesses and management teams that share our common values and vision for long-term, sustainable growth that benefits all stakeholders – customers, communities, employees, and shareholders. For more information, please visit https://jones.com/.

Media Contact: 

M.C. Price, Marketing Manager