# WM and Tailwater Capital form joint venture to grow Continuus Materials

Waste Management Organic Growth, a subsidiary of WM, has formed a joint venture with Tailwater Capital to support Continuus Materials, which recycles mixed paper and plastic into roofing board. The venture will develop additional facilities and launch a full-scale Everboard production plant.

- Type: Partnership
- Announced: 2022-01-13
- Where: United States
- Status: announced
- Capacity: 150 million square feet of Everboard annually
- Products: Everboard roofing board
- Sectors: [Packaging](https://endata.com/sectors/packaging.md), [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Waste Management](https://endata.com/companies/31364.md)
- [Continuus Materials](https://endata.com/companies/60351.md)
- [Tailwater Capital LLC](https://endata.com/companies/26627.md) (partner)

## Sources

- [resource-recycling.com](https://resource-recycling.com/recycling/2022/01/13/wm-teams-with-equity-firm-to-grow-recycled-board-company/), 2022-01-13: "At WM, we are unlocking impactful sustainable solutions as we move toward a more circular economy, and the Continuus Materials business is one example of what we’re aiming to achieve."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.