Our History

The Monteleone name has enjoyed a prosperous history in the recycling industry.

This all started when Ferdinando Monteleone traveled from Sarno, Italy in 1887 and settled in the Bronx, NY where he started a company, Monteleone and Son. Ferdinando collected waste paper, rags and assorted metals using a push cart and also received these products via door trade from local residents and business owners. His son, Virgilio, joined the business in the early 1900's, thus starting a tradition that would be repeated by Monteleones for over a century.

Virgilio became president of Monteleone and Son in 1915 and oversaw numerous expansions, including the addition of Monteleone's first truck, which shortly grew into a small fleet of vehicles. In 1929 the company changed names to V. Monteleone and Company and continued to expand its supplier base while beginning to specialize solely in waste paper products including newspaper, cardboard and dry goods.

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Virgilio's son, Anthony Monteleone Sr. took over the company in 1950 after returning from military service with the Marines. Anthony Sr. oversaw the largest expansion of the
company in the 20th century. He was a pioneer in the collection of waste paper from professional offices in Manhattan. He began collecting IBM's tabulating cards also known as punched cards, and grew to become the largest tab card processor in the world.

In the 1970's computer technology transitioned from tab cards to computer print outs. The company adapted and began collecting this new waste paper product from some of the largest banks, brokerage firms and insurance companies in New York City. The Monteleone name became a staple in the high grade waste paper industry.

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Anthony's son, Louis Monteleone took leadership of the company in the early 1990’s and in 1996 steered the company away from the direct processing of material. The company's new name Louis Monteleone Fibres Ltd. marked the official transition into the waste paper brokerage business. This move enabled the company to break free from regional restrictions of fiber procurement. Furthermore it allowed the company to enter the larger marketplace that was developing due to increased interest in recycling by the private and public sectors.

Anthony Monteleone III was the 5th generation to join the ranks full time in 1996. Shortly thereafter, he set sights on developing a full fledged transportation division to increase productivity in the industry. Today, thanks to Anthony’s pursuit, LMF's transportation division services some of the largest recyclers in the country.

2009 has brought many new and exciting changes, including the addition of a full service plastic trading division, a website and the addition of a new family member, Michael Russo. In a short period of time, Michael has opened a new branch office in Wilmington, DE and is developing new ways to expand the company for the future.
Over the last 122 years the company has grown to realize that this is more than just a business, it’s family!

 

Did you know

What do recycling symbols on plastics mean?

Polyethylene terephthalate is a thermoplastic polymer resin of the polyester family and is used in synthetic fibres; beverage, food and other liquid containers; thermoforming applications; and engineering resins often in combination with glass fiber.

High-density polyethylene or polyethylene high-density is a cost effective answer for a number of piping problems in Metropolitan, Municipal, Industrial, Underwater, Mining, Landfill Gas extraction, Cable duct and agricultural applications.

Polyvinyl chloride is the third most widely used thermoplastic polymer after polyethylene and polypropylene. Around the world, over 50% of PVC manufactured is used in construction. As a building material, PVC is cheap, durable, and easy to assemble.

Low-density polyethylene (LDPE) is a thermoplastic made from petroleum.PE-LD is used for the production of plastic food wrap, garbage bags, squeeze bottles and more..

Polypropylene or polypropene (PP) is a thermoplastic polymer, made by the chemical industry and used in a wide variety of applications, including packaging, textiles, stationery, plastic parts and reusable containers of various types and motive components.

Solid polystyrene is used, for example, in disposable cutlery, plastic models, CD and DVD cases, and smoke detector housings. Products made from foamed polystyrene are nearly ubiquitous, ie, packing materials, insulation, and foam drink cups.

Acrylonitrile butadiene styrene (ABS) is a common thermoplastic used to make light, rigid, molded products such as piping, musical instruments, golf club heads, automotive body parts, wheel covers, enclosures, protective head gear, furniture etc


Paper recycling: The deinking process.

Deinking is the industrial process of removing printing ink from paperfibers of recycled paper to make deinked pulp. The key in the deinking process is the ability to detach ink from the fibres.