Sunnking employees Antonio Suarez, left, and Jeff Boscoe end their work day at the shredder. | Courtesy of Sunnking
New York state-based electronics recycler Sunnking transitioned to a four-day workweek and is hoping others follow.
Marissa Heffernan started working for Resource Recycling in January 2022 after spending several years as a reporter at a daily newspaper in Southwest Washington. She can be contacted at [email protected].Sunnking employees Antonio Suarez, left, and Jeff Boscoe end their work day at the shredder. | Courtesy of Sunnking
New York state-based electronics recycler Sunnking transitioned to a four-day workweek and is hoping others follow.
Battery recycler Li-Cycle posted a strong year-end financial statement. | Courtesy of Li-Cycle
Li-Cycle saw overall revenue gains in 2022 even with a softer fourth quarter, it announced in late January.
Angola, Ind.-based Refreshed Tech brought in 148,000 units for refurbishment between its founding in August 2022 and the end of the same year. | Courtesy of Refreshed Tech
Refreshed Tech closed 2022 with $4 million in sales after just four months of operation and is poised to triple its sales and double its staff in 2023.
Excir’s award is part of an overall sum of over $25 million Canadian dollars granted by the federal Jobs and Growth Fund to 15 Calgary-area businesses. | Bokstaz/Shutterstock
First appearing on a reality TV show, then signing with the British Royal Mint, Canadian e-scrap startup Excir is now continuing its growth with a federal investment of nearly $1.9 million for a demonstration plant.
Anticipation of a global recession, along with increased inflation and higher interest rates, are behind the low PC shipment numbers. | MMilda/Shutterstock
Research and consulting firm Gartner cited economic uncertainty as the reason behind a drop in worldwide PC shipments in the fourth quarter of 2022 and the year overall.
Oregon’s proposed bill would mandate access to schematics, tools and parts at a fair and reasonable cost and cover any household product – from computers to appliances – that contains digital components. | Alexey Kabanov/Shutterstock
Supporters of the right to repair consumer electronics are hoping that the third time’s the charm in Oregon.
KeyBank has provided money for dedicated space and equipment to teach financial wellness classes at RecycleForce’s new headquarters, which is under construction in Indianapolis. | Courtesy of RecycleForce
RecycleForce’s upcoming Indiana headquarters will provide not only training in e-scrap recycling but a dedicated space for financial wellness lessons, with help from KeyBank.
Noveon’s EcoFlux magnet requires 20% less material than traditionally produced magnets and requires 10% less energy to manufacture. | Courtesy of Noveon
When the founders of Noveon decided to tackle rare earth magnet recycling, they started at the beginning of the product’s life cycle instead of the end.
ITAD service providers saw used equipment prices skyrocket during the pandemic; now they have to reckon with a market leveling out at lower values amid recession worries. | Ari N/Shutterstock
Prices for refurbished PCs have fallen in the past year alongside ongoing uncertainty in the economy, but ITAD players said the market appears to have leveled off – for now.
Morgan Stanley noted that Korea Zinc bought the remaining 24.5% of Igneo Holdings for $110 million. On July 11, Korea Zinc paid $332 million for a majority stake. | REDPIXEL.PL/Shutterstock
Korea Zinc now owns 100% of Igneo Holdings after purchasing a majority stake in July.
Continue Reading