ABOUT JP INDUSTRIAL
For over 30 years, JP Industrial Products has been one of the best kept secrets in the plastic recycling industry. However, JPI has realized over the past decade that they can bring more value to North American manufacturers by better displaying their visibility. With a $10 million reinvestment into their reprocessing locations nationwide, including a new 140,000 sq ft state-of-the-art facility in Salisbury, North Carolina, they are cementing their status as one of North America’s leading plastic recyclers.
A division of the JP Capital Management Group (JPCM), JP Industrial is a multi-faceted plastic recycling company that is continuing to expand their business model to service a growing customer base. Over the past three decades, companies have turned to JPI for their recycling and lean manufacturing needs. This has resulted in the development of successful partnerships over this time, where state-of-the-art facilities, unbeatable customer service, and decades of experience has allowed JPI to provide their partners with tangible solutions for a variety of projects. James E. Pastore (JP), Chairman of JPCM and founder of JPI, states,
“…I was fortunate to be at the right place at the right time. I am blessed to have been surrounded by many great people, mentors, and colleagues. They taught me invaluable lessons in life and in business that has allowed all of JPCM to be possible.”
As his entrepreneurial appetite evolved, so followed his diversification of investments, which currently includes manufacturing, recycling, transportation, debt restructuring, health care, technology, real estate, and retail, among others.
It was a generation later in 2005, when James’ son, Jamin Pastore, graduated from Duke University and began to spend time with the portfolio strategy team. It was then that Jamin had a new vision for the recycling sector. After being promoted to CEO in 2007, JPI expanded nationally, engineering proprietary state-of-the-art production lines and processes to solidify the company’s stance as the country’s largest PVC recycler within two years.
In the past decade, JPI has grown to establish operations in Nevada, Texas, and North Carolina, and has increased their annual capacity to levels north of 250 million pounds. JPI’s new facility in North Carolina, with property acquired from General Electric in February, arose from the increase in demand for their services along the Atlantic coastal region over the past few years.
CEO Jamin Pastore elaborated on his vision and goals for JP Industrial,
“We have serviced many of North America’s largest manufacturers with customizable full-circle recycling programs tailored to their individual needs. Our partners see our company as a breath of fresh air in the recycling industry, where brokers and middlemen suffocate profit margins far too often. We are a solution-oriented company that provides waste reduction services for manufacturers; we develop processes for them to reuse material that was never thought possible.
Our goal is to provide strategies for companies to maximize their efficiencies so that they can focus on their strengths. At the same time, we have the means to supply manufacturers with a variety of specially formulated compounds to reduce their raw material costs and add to their bottom lines.”
From our family to yours, we invite you to join us in moving forward in an industry and economy that thrives with winning partnerships.