NewsBits

NewsBits

By Editorial Staff, Resource Recycling

A U.S. District Court jury has convicted Paul David Musgrave, 57, of Warhaw, North Carolina for conspiring to defraud Mutual Federal Savings Bank of Troy, Ohio and the Small Business Administration of $1,715,600 in seeking financing for a tire recycling operation. According to a statement from the Federal Bureau of Investigation, Musgrave submitted false information in a loan application for Dayton International Tire Recycling, a small business intending to recycle tires. Musgrave faces up to 30 years imprisonment, a $1 million fine and five years of supervised release on each count.

Lawmakers, state officials and people who understand that there are real economic benefits to not burying valuable materials in the landfill will converge on Connecticut's capitol building as part of "Recycling Means Jobs Legislative Day." People who stop by will have the chance to learn more about the state's reuse and recycling industries.

PUMA, a shoe and sportswear company, has launched its InCycle line of footwear, apparel and accessories that are all either entirely biodegradable or recyclable. All of the products have earned a certification from the Cradle to Cradle Products Innovation Institute, a nonprofit organization that certifies the sustainability of consumer products. Whether we should be composting sneakers is another question altogether.

Coors Brewing Company has announced that it is entering a partnership with Recyclebank, the company that rewards people for taking every day green actions with discounts and deals. Under the arrangement, the beer maker will donate a portion of Coors Light and Coors Banquet packages sold through March 31, 2013 to help Recyclebank fund a national online campaign to educate consumers about the benefits of aluminum recycling and reward them for their engagement.

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