Colin Staub is a reporter at Resource Recycling. He can be contacted at [email protected].
An AMP One fully automated AI sorting system operating at the company’s Cleveland, Ohio secondary sortation facility. | Courtesy of AMP
After 10 years helping the e-scrap and municipal recycling industries retrofit with innovative robotics equipment, AMP Robotics has dropped the latter part of its name, reflecting an emerging focus on building recycling centers from scratch with AI-equipped sorting systems.
Sustainable Electronics Recycling International acquired the E-Reuse Conference and rebranded it as the Electronics Sustainability Summit. | Teerapong Mahawan/Shutterstock
A long-running electronics reuse conference is under new ownership by a nonprofit certification organization and has a new name, reflecting a goal to focus on a broader concept of “sustainability” in device management. Continue Reading
COVID-19 market changes created a turbulent few years for the used laptop market, but recent signs are pointing to a rebound. | ThamKC/Shutterstock
A well-known annual IT industry survey conducted by ITAD firm Cascade Asset Management found the device resale market crash that emerged in 2022 has begun to change course. Continue Reading
After a long working relationship, New York IT asset disposition firm 4THBIN and downstream processor ecoTech Management have merged. | Courtesy of 4THBIN
IT asset disposition firm 4THBIN and downstream processor ecoTech Management have joined together in a move company leaders say merges their expertise in the front-end and back-end sectors of used device management. Continue Reading
E-Waste Corporation’s stock price surged by nearly 20,000% as a result of fraudulent stock manipulation, according to the Securities and Exchange Commission. | Olivier Le Moal/Shutterstock
A man has pleaded guilty for his role in a stock manipulation scheme that artificially inflated the value of E-Waste Corporation, an unsuccessful electronics processing startup, to $120 million, despite the company having no operations or revenue. Continue Reading
Quantum Lifecycle Partners, which operates this ITAD facility in Brampton, Ontario, recently acquired Paragon Bay Group. | Courtesy of Quantum Lifecycle Partners
An e-scrap processor is entering a new business sector by purchasing a telecommunications equipment supplier, and a major Canadian ITAD firm just got a little larger. Continue Reading
EPC opened a facility in Columbia, S.C that is double the size of the two facilities it replaced. | Damrong Rattanapong/Shutterstock
Processor EPC has combined the business operations of two U.S. facilities into a single South Carolina location, which has a footprint twice the size of the previous sites put together. Continue Reading
Lenovo, LG Electronics, Panasonic, Samsung and Sony Electronics partnered with the Consumer Technology Association to form the Consumer Technology Circularity Initiative. | Olga Miltsova/Shutterstock
Major electronics manufacturers this week joined with the Consumer Technology Association to form the Consumer Technology Circularity Initiative, aiming to boost e-scrap processing, improve repair and reuse, and incorporate more recycled content into products. Continue Reading
A shared focus on tracking and showcasing environmental, social, governance metrics to clients was a point of interest for the acquisition. | Chayanuphol/Shutterstock
Fast-growing processor Sprout late last year purchased key assets of CircleIT, a longtime processor previously known as HiTech Assets. A Sprout executive said CircleIT’s platform for tracking and reporting sustainability metrics to clients helped drive the deal. Continue Reading
Cyclic Materials is looking to expand the capabilities of its two technologies to recycle magnets. | Courtesy Cyclic Materials
Ontario-headquartered Cyclic Materials is actively sourcing hard disks from ITAD firms for its magnet extraction and rare earth processing operations. The company is planning to expand with multiple facilities in the U.S. and Canada in the coming years. Continue Reading