INDIANAPOLIS, IN – October 6, 2021 –

Today Heritage announced the combination of Heritage Battery Recycling, its battery management and recycling business, with Retriev Technologies, the largest and most diverse lithium-ion battery processor in North America, with over 30 years in operation. The combination with Retriev marks a key step in Heritage’s expansion to further develop a comprehensive recycling and reuse battery management platform. KBI, a longtime leader in battery recycling and management, will continue as an active equity partner in Retriev. This transaction solidifies the retention of strategic material handling technology and capability to domestically support the manufacturing sector, including US-based OEMs who are investing at unprecedented levels to support the conversion to electric vehicles.

Retriev’s North American operations provide a unique platform for the launch of this partnership, with battery recycling and sorting facilities located in Lancaster, OH, Baltimore, OH, and Trail, British Columbia. Also included in the transaction is KBI’s xEV Strategies division.  Located in Brea, CA, xEV Strategies is a specialized testing, refurbishment, warehousing, and logistics platform for large-format electric vehicle batteries. Paired with Heritage’s collection and transportation network via partnerships with Heritage Environmental Services (HES) and Heritage-Crystal Clean, the collaborative operations moving forward represent the only comprehensive logistics, recycling, and reuse platform available in the industry today.

“We’re pleased to partner with Heritage to expand the reach and capabilities of Retriev,” said Steve Kinsbursky, Chairman and CEO of Retriev, and President, CEO of KBI. “Our mission to bring a sustainable model of closed loop recycling for critical materials that are necessary for the North American supply chain is one step closer to a reality with this merger. This partnership will ensure the success in bringing our shared vison of sustainability to fruition. With over 30 years of commercial operations, Retriev represents the only long term North American lithium-ion battery recycling operation. Adding HBR and its affiliation with Heritage’s environmental services expertise and network of fully permitted collection facilities and transportation assets will allow us to further differentiate Retriev as a single solution for all battery management needs.”

Moving forward, Heritage Battery Recycling will operate under the Retriev Technologies brand. Shane Thompson will serve as President of the combined company.

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INDIANAPOLIS -March 26, 2021 – Four years ago, the United Nations sounded an alarm over the devastating impact the rising amount of material waste has on the planet.

Corporations extract natural resources and turn them into products and packaging that consumers typically use once and throw away. Between 2010 and 2017, the global material footprint grew 17 percent to 85.9 billion tons. After the U.N. in 2017 made ensuring sustainable consumption and production patterns one of its Sustainable Development Goals (SDGs), the number of technology startups in the Techstars sustainability portfolio focused on developing materials innovations to enable manufacturers to design products and packaging with less material has been growing.

So, too, has the number of corporations who want to help these startups succeed.

They share our belief that entrepreneurs’ creativity and ingenuity is needed now more than ever to build the climate and sustainability solutions manufacturers need to reduce their products’ carbon footprints. By serving as mentors and collaborators to startups to accelerate the development of their solutions and grow their businesses, they’re helping turn the unsustainable linear product lifecycle model into a circle where materials are more easily recycled and reused.

Stanley Black & Decker, a global provider of hand and power tools and other products for myriad business and consumer applications, established the Stanley + Techstars Accelerator to support startups developing solutions for artificial intelligence (AI) in advanced manufacturing, additive manufacturing and sustainable packaging to help manufacturers make measurable progress on their environmental, social and governance (ESG) goals.

Dan Fitzgerald, senior director of product sustainability at Stanley Black & Decker, said adopting more sustainable materials is one of many steps manufacturers can take today to make measurable progress on their environmental, social and governance (ESG) goals. He recommends manufacturers begin by asking themselves two key questions:

1. Are we putting materials out in the field that have a chance of seeing a second life?
2. Are we using the lowest impact material to deliver the required function?

“By selecting items that are recyclable, and not making design decisions that would prevent recycling, you’re at least providing the opportunity that the product could be recycled,” Fitzgerald said. “When you start searching for more sustainable materials, which are typically made of higher levels of recycled content, you know that your products reaching end of life have the opportunity to re-enter the supply chain and close the loop.”

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INDIANAPOLIS – January 7, 2021 – Today, Milestone Contractors, LP announced the merger of three Indiana-based construction companies. Walsh & Kelly Inc based in Griffith, IN and Wabash Valley Asphalt located in Terre Haute, IN, will now be known as Milestone Contractors and be headquartered in Indianapolis, IN.

This consolidation is effective today and will benefit the group by allowing the company’s Indiana construction businesses to better share resources and serve local communities. The same dedication to relationships, quality, and customer service will continue. The personnel, office locations, and asphalt plant locations will remain the same. The company will continue to be privately held by the familyowned parent company, The Heritage Group.

“We are three very reputable companies coming together as one. We are better together. Going forward as we provide safe and high quality services and products across the state, we will make lives better one road and bridge at a time.“ – CJ Potts, COO.

Milestone Contractors provides contracting work to the entire state of Indiana – and employs upwards of 2,000 benefitted and craft employees. Combined, the company will service the entire state of Indiana and beyond. The company is a top INDOT and public sector contractor, also providing high quality services in local private and commercial markets.

About Milestone Contractors

Milestone Contractors is a fully integrated highway, heavy construction, asphalt paving, concrete paving, and site-development general contractor. The company provides construction services primarily in the state of Indiana. Milestone Contractors is a part of The Heritage Group’s family of businesses. Learn more at www.thgrp.com.

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INDIANAPOLIS – November 13, 2020 – Asphalt Materials, Inc. (AMI) announced today that on November 12^th it completed the acquisition of three asphalt terminals from a subsidiary of Marathon Petroleum Corporation. The purchase of these facilities further expands AMI’s capabilities in the Indiana and Illinois markets and its footprint in the Midwest. AMI plans to retain the current leadership team and employees at all three terminals and will continue to invest in and grow the product suite and capabilities at those sites.

“We are excited about the addition of our new teammates in St Elmo, IL; Benton, IL; and Mt. Vernon, IN.,” said Chip Ray, Asphalt Materials, President. “Their proven track record of safety, quality, and service will mesh well with the values of Asphalt Materials. These facilities are a tremendous strategic fit for our business and will enhance our commitment to support our core customer base.”

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Cross-sector of more than 40 public and private companies and organizations commit to improve Black representation in corporate boardrooms

The Board Challenge today announced the launch of a pledge for U.S. corporate boards of directors to add a Black director within the next year. Founded by Altimeter Capital, Valence and theBoardlist, signed by 17 Founding Pledge Partners, and supported by 27 Charter Pledge Partners that already have at least one Black director, the initiative seeks to accelerate action to improve the diversity of corporate boards starting with the representation of Black leaders on the boards of U.S. companies. Every U.S. company is encouraged to take the pledge at theboardchallenge.org, and companies that have at least one Black director are asked to sign on to express their support and use their resources to drive change.

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