A family of Dallas-area electronics processors enjoyed surging revenues and profits from the device resale business last year while the commodities recycling business grew at a slower rate.
Echo Consolidated Holdings Group, a family of Dallas-area electronics recycling, ITAD and IT services companies, recently expanded into the mobile phone trade-in business by acquiring CExchange.
Off a narrow, sun-bleached alley, where the early summer heat stuns by mid-morning, Sakib Malik sits behind a desk in near darkness. Beside him, stacks of plastic casings from old CRT televisions arch toward the ceiling. He’s on the phone, amid another deal.
Federal legislators have reintroduced legislation banning exports of untested, non-working electronics, a move that could significantly alter the way that many e-scrap companies handle material.
Dell, Glencore, Microsoft and Sims are among the founding collaborators of the Circular Electronics Partnership, a new initiative focused on boosting recovery and reuse of electronics.
Wisconsin’s draft e-scrap regulations will mean added expenses for businesses, but the bulk of the costs will fall on OEMs, not e-scrap processors, according to a state analysis.
The leader of a company that stockpiled CRT materials in the Midwest has pleaded guilty to criminal charges of storing and stockpiling hazardous waste, federal prosecutors announced this week.