Advanced Environmental Recycling Technologies

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Building Material Manufacturers in the News -- April 2012

Featuring: Advanced Environmental Recycling Technologies, Atlas, Atrium CertainTeed, Bonsal American, Boral, Dow Building Solutions, Epicor, Fomo Products, Leviton, MaxLite, National Nail Corp., Oldcastle, TOTO, TXI, Villeroy & Boch More

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AERT Restructuring Trades Debt for Equity

Advanced Environmental Recycling Technologies Inc. has restructured itself through a deal in which an affiliate of H.I.G. Capital LLC took preferred equity and debt securities in the Arkansas-based building materials make in exchange for extinguishing AERT debts to H.I.G. and investing another $5.5 million into the company. H.I.G. says it now owns 80% of AERT. More

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AERT's Net Loss Lightens

Advanced Environmental Recycling Technologies (AERT) reported today its net loss improved in the first quarter to $397,000 from $1.6 million in the year-earlier period on a 2% drop in sales to $16.4 million. More

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