April 2006

David J. Joseph Co. acquires businesses

On March 1, 2006, The David J. Joseph Company (DJJ), Cincinnati, has purchased the assets and business of Recycling Center of Palm Beach County and Palm Beach Recycling, previously owned and operated by Phil and John Everett. Recycling Center has been operating as a self-serve used auto parts store since 1972.

DJJ will operate the West Palm self serve used auto parts store under its U-Pull-&-Pay (UPAP) subsidiary, but plans to continue to use the Recycling Center name during a transition period.

The West Palm site spans 17 acres, and will hold 1,300 automobiles on stands for the retail public to remove needed body panels, drive train components, or other auto accessories for purchase. Bill Peterson is the West Palm UPAP Store Manager. Peterson brings experience from U-Wrench-It and Pick ‘n Pull to the UPAP West Palm store.

U-Pull-&-Pay currently has greenfield sites under development in Cincinnati and Orlando. The Cincinnati store is a 20-acre site which will hold 1,300 cars on stands. Dave Eisenacher is the Cincinnati UPAP Store Manager. Eisenacher has been with the DJJ family of companies for nearly 16 years, serving most recently as commercial director for River Metals Recycling in Newport, Kentucky. The Cincinnati UPAP store is projected to open by year-end 2006.

The Orlando store is a 32 acre site which will hold 2,000 cars on stands. The projected opening of the Orlando UPAP retail store is summer, 2006.


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