A conglomerate that has been gobbling up smaller companies for years has claimed another Hudson Valley victim.
This time, it’s a family-run business that is being sold after two decades.
Hudson Valley Family-Run Businesses Disappearing
The latest news of a small business being taken over by a large corporation isn’t new. Many of the family-run companies that have been independently operated for generations are now being headed by giant, faceless companies with headquarters nowhere near the Hudson Valley.
Many of these conglomerates continue to keep the family-run business’s local name and sometimes even pay a family member to stay on as the face of the company, even though a publicly traded entity now runs it. This can cause many residents to think they’re supporting a local business when they are actually just giving their money to another huge corporation.
Another Local Hudson Valley Business Taken Over
Recycle Depot, a family-owned waste and recycling company based on Van Wagner Road in Poughkeepsie, announced this week that it has sold its residential and commercial pickup business to Casella Waste Systems…