What is Allocco Recycling?
Allocco Recycling operates a state-of-the-art facility dedicated to efficient recycling services, offering competitive prices for ferrous, non-ferrous, and electronic scrap. Serving New York, New Jersey, and the broader northeast region, the company leverages advanced technologies to achieve high material recovery rates and uphold environmental responsibility. With four decades of operational experience, Allocco Recycling has cultivated a loyal client base through its experienced staff and unwavering dedication to customer service.
How much funding has Allocco Recycling raised?
Allocco Recycling has raised a total of $2.3M across 2 funding rounds:
Debt
$1M
Debt
$1.3M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.3M led by PPP
What's next for Allocco Recycling?
The recent major strategic investment signals a pivotal phase for Allocco Recycling, likely aimed at enhancing operational capacity, adopting new recycling technologies, or expanding its service footprint. Given the company's long-standing presence and its focus on essential waste management services, this capital infusion is expected to fortify its market leadership and support continued growth in the competitive recycling industry. The company's strategic financing will likely enable further advancements in material processing and environmental stewardship.
See full Allocco Recycling company page
