Erema Group reports record sales of $147 million

Erema Group, an Ansfelden, Austria, supplier of plastics recycling systems, reported record sales of about $147.1 million for its 2016-2017 fiscal year. CEO Manfred Hackl attributed the 5 percent increase in sales to innovations in all three of the firm's recycling divisions. Erema's U.S. operation, Erema North America Inc., is in Ipswich, Mass.