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Category: Top stories

Refurbished electronics seller raises another $510 million

Published: January 13, 2022
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Handshake at a business meeting.

Back Market will use the latest funding round to fuel its growth, including more than doubling its U.S. workforce. | Freedomz/Shutterstock

Back Market, an online marketplace selling refurbished electronics, has now raised over $1 billion in investment backing in recent years.

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Our top stories from 2021

Published: January 6, 2022
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Close up view of copper wire ends.

An article on copper market analysis topped the most-read list in 2021. | Flegere / Shutterstock

As the e-scrap and ITAD industry plunges into 2022, it can be useful to set the stage with a look at the biggest trends and developments of the past 12 months.

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In Our Opinion: Certifications serve all of us

Published: December 23, 2021
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Scrap electronics for recycling.

Responding to recent criticism of certifications generally, e-Stewards leadership argues standards have evolved to be more user friendly and are prepared to address a rapidly changing industry. | sasirin pamai/Shutterstock

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Data shows e-scrap disposal increase in one state

Published: December 23, 2021
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Electronics collected for recycling in a bin.

Cascadia Consulting Group estimated Washington residents and businesses threw away 41,441 tons of electronics in the 2020-21 audit period. | Photographee.eu/Shutterstock

As COVID-19 took hold and e-scrap collection opportunities were canceled, the public began trashing a lot more of their electronics in Washington state, according to recently reported figures.

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ERI details operational numbers in first ESG report

Published: December 23, 2021
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ERI's ERNIE from the company's 2020 ESG report.

ERI in 2019 brought on-line the Electronic Recyclers Next Innovative Efficiency (ERNIE) system for dismantling flat-screen devices. The robotic system was first installed at the company’s Fresno, Calif. headquarters. | Photo from ERI’s Environmental, Social and Governance (ESG) and Data Security Report

ERI recycled 113.7 million pounds of scrap electronics and resold 4.3 million pounds of used devices in 2020, the company recently disclosed. It’s the first time the processor has released these figures.

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Processors benefit from hiring an oft-overlooked workforce

Published: December 16, 2021
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Bill Morris of Blue Star Recyclers

Bill Morris of Blue Star Recyclers, which today has 52 employees, 48 of whom have a diagnosed disability. | Screenshot of online presentation.

In today’s labor market, companies may only dream about having less than 10% employee turnover and little to no absenteeism in their more-repetitive jobs. But data demonstrates those are some of the advantages of employing adults with disabilities.

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Iron Mountain set to buy ITAD firm for $925 million

Published: December 16, 2021
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Iron Mountain truck.

Iron Mountain will acquire 80% of ITRenew shares for $725 million in cash, with plans to purchase the remaining stake over the next three years. | Bandersnatch/Shutterstock

Data management and asset disposition giant Iron Mountain this month announced it will acquire a majority stake in ITRenew, a growing company with a focus on data center decommissioning.

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Sims opens Midwest redeployment centers

Published: December 9, 2021
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View inside a data center.

Sims Lifecycle Services invested about $7 million to open facilities in Illinois and Tennessee to inventory, configure and ship out used data center equipment. | Fishman64/Shutterstock

With the pandemic continuing to hamper supply chains for new electronics, Sims Lifecycle Services has made significant investments in helping data centers reuse their old equipment.

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