FV Recycling has acquired Mid America Paper Recycling, one of the largest independent brokers, processors, and exporters of recovered materials in the Central United States.
The acquisition significantly expands FV’s operations into the Midwest, enhancing its ability to serve customers nationwide.
Founded in 1926 and based in Chicago, Illinois, Mid America brings nearly a century of recycling expertise and robust brokerage capabilities to FV’s growing network. The combined company will handle more than 900,000 tons of recyclable materials annually, supported by a workforce of 180 employees across the United States.
“This acquisition represents a transformative step forward for FV Recycling as we expand our ability to serve customers with comprehensive recycling solutions,” said Gene Smith, President of FV Recycling. “Mid America’s deep-rooted relationships and decades of experience perfectly complement our transportation and equipment capabilities.”
The acquisition strengthens FV’s capacity in several areas:
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Expanded access to national markets for paper, plastics, metals, and other recyclables
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Enhanced logistics and transportation services, including bale route hauling and full van operations
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Broader equipment services, such as leasing, sales, and on-site repair of balers and compactors
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Increased processing capabilities through facilities in both the Southeast and Midwest
Don Gaines, CEO of Mid America Paper Recycling, emphasized the cultural alignment between the two organizations:
“This is more than a transaction—it’s a partnership built on shared values. Both Mid America and FV started as family-owned businesses, built on long-term relationships and integrity. That continues, now with greater reach and deeper resources.”
Jonathan Jones, CEO of Jones Capital, which owns FV Recycling, highlighted the legacy of both companies:
“Mid America’s four-generation history mirrors the vision my father had when founding FV—building businesses that benefit all stakeholders through integrity, service, and sustainability.”
Mid America will continue to operate under its current name while integration planning proceeds, ensuring a smooth transition for employees, customers, and suppliers.
FV Recycling is a commercial and industrial recycling company based in Hattiesburg, Mississippi, and part of Jones Capital. Founded in 2000, FV provides nationwide recycling and equipment services for cardboard, paper, plastics, and metals, with a focus on efficient bale route hauling and customer-driven sustainability solutions.
Founded in 1926, Mid America Paper Recycling is among the largest independent brokers, processors, and exporters of recovered materials in the U.S. The company handles paper, plastics, metals, glass, and pallets, with a long-standing reputation for integrity, service, and high market performance.
