Turnkey rPET/PET Facility Liquidation in Northern Ohio
A significant opportunity is on the horizon for investors and companies in the recycling and manufacturing sectors. On June 25, 2026, the Hilco Global Real Estate and Commercial Industrial Practices, in collaboration with Maynards Industries USA, LLC, will close bids for a turnkey liquidation sale of a well-established polyethylene terephthalate (PET) and recycled polyethylene terephthalate (rPET) facility located in Clyde, Ohio. Previously operated by Evergreen Recycling, this facility is strategically positioned between the Toledo and Cleveland metropolitan areas, making it a prime location for industrial operations.
Facility Overview
Originally built in 1997 and last modified in 2021, this expansive facility spans approximately 288,980 square feet and is situated on 34.66 acres of land zoned for general industrial use (I-1). The property is designed for high-complexity industrial applications, comprising five interconnected warehouses, a multi-level office area, and various loading docks, which enhance operational efficiency. Notably, the facility boasts impressive features, including:
- - 14 dock doors equipped with levelers for streamlined logistics.
- - Clear ceiling heights ranging from 22 to 52 feet, allowing for versatile storage and manufacturing options.
- - Substantial indoor and outdoor storage space, including 13.88 acres of undeveloped land.
- - Heavy power supply, supporting operations of up to 4,000 amps.
- - Eight detached silos, each with a capacity of 300,000 pounds, further providing extensive material storage capabilities.
Advanced Machinery and Equipment
The facility is not only a real estate opportunity but also comes with state-of-the-art machinery and essential equipment comprising:
- - Starlinger solid-state polycondensation and pelletizing lines.
- - Comprehensive pelletizing equipment, as well as bale breaking and sorting lines.
- - Tomra optical sorters, enhancing material recycling efficiency and quality.
These assets position the facility as ideal for businesses focusing on plastics recycling and manufacturing, catering to the rising demand for sustainable materials.
Prime Location Benefits
Clyde, Ohio, has established itself as a notable hub in the plastics processing and recycling industry, particularly in the production of rPET. The facility's strategic location within the Cleveland-Toledo industrial corridor offers significant logistical advantages. It provides immediate access to major transport routes like McPherson Highway/U.S. 20 and is near key interstate highways like OH-101. Furthermore, local airports and the Toledo-Lucas County Port Authority facilitate efficient regional and national distribution, making it a highly appealing proposition for businesses looking to expand their operational reach.
Industry Significance
The rPET/PET manufacturing sector in Clyde has historically ranked among the largest producers in North America, supported by considerable capital investments that have ramped up production capacities into the hundreds of millions of pounds annually. The continuous demand for rPET resins for food-grade packaging, textiles, and various industrial applications has solidified the region's position in the market.
Joel Schneider, senior director at Hilco Global, remarked that this liquidation sale presents a unique opportunity for potential buyers to acquire a fully operational industrial facility equipped with substantial scaled infrastructure tailored for plastics recycling. Brent Bonham, head of commercial and industrial assets at Hilco, echoed this sentiment, highlighting the facility’s readiness for immediate operational use.
Conclusion
As the deadline for bids approaches on June 25, 2026, this sale represents not just an asset acquisition but a strategic investment in the sustainable recycling and manufacturing sector. For further inquiries or to schedule an inspection, prospective buyers can contact Hilco Global representatives directly. This is a rare chance to capitalize on an established facility poised for continued growth in the recycling industry.