Manufacturer invests $1 million in efficiency-driven move

Company: CM Shredders has been operating in the Sarasota-Bradenton for about 40 years. The manufacturer of industrial shredders and tire recycling systems, acquired by Bengal Machine in late 2018, has been on a growth track recently, seeing about a 20% increase in revenue in 2019. After about a 10% drop-off in 2020, officials say CM Shredders is back on track and expecting 15% to 20% growth in 2021. Executives decline to disclose specific revenue data.