Readers last month were drawn to coverage of a federal criminal case involving a former Wisetek employee who stole devices during ITAD jobs. Camston Wrather’s bankruptcy, Kuusakoski’s exit from the U.S., a major ITAD merger and a FBI ITAD audit also drew attention.
The list below shows our top stories published in February in terms of unique page views.
1 |Â ITAD employee admits to stealing and reselling devices
A driver who worked on IT asset disposition jobs at Wisetek recently pleaded guilty to stealing assets – including sensitive federal government devices – during disposition jobs in 2023, representing a significant ITAD-related data breach.
2 |Â US circuit board processor files for bankruptcy
Camston Wrather, a California-headquartered company that developed printed circuit board processing technology and owned ITAD firm Stream Recycling Solutions, filed for Chapter 7 bankruptcy this month, indicating the company will liquidate its assets to pay creditors.
3 | Processor Kuusakoski announces it will exit US
Kuusakoski US will close its two Illinois electronics and CRT glass processing facilities and exit the U.S. altogether, refocusing on its European operations after what the company described as severe, prolonged financial challenges in the U.S.
4 | Why Cascade and Sage are joining forces
Longtime ITAD processor Cascade Asset Management has been acquired by Sage Sustainable Electronics, bringing it into the Closed Loop Partners portfolio of companies. Company leaders said a shared vision and long experience in the industry make the move complementary to each firm.
5Â |Â Audits show ITAD weakness in federal agencies
A recent criminal case involving device theft during federal government asset disposition jobs is shining new light on 2024 audits highlighting IT asset management weaknesses at the FBI and the Nuclear Regulatory Commission.
