Many of the exclusions in New York’s bill, which include motor vehicles, power tools, farm equipment and medical devices, were added after the bill hit Gov. Kathy Hochul’s desk. | lev radin/Shutterstock
New York was the first state to turn a digital right-to-repair bill into law and industry experts say it will certainly not be the last, though they hope future bills will be stronger.
Iron Mountain reported $5.48 billion in full-year revenue for 2023, up 7% year over year, but its net income dropped 67%. | Bandersnatch/Shutterstock
Data management firm Iron Mountain reported a 67% decrease in income in 2023 compared to the prior year, largely because of macroeconomic forces but also due to lower resale market prices. Company executives said they’re optimistic about the company’s growing ITAD operations, however.
eCircular’s 38,000-square-foot facility has a processing target of about 50,000 units per month. | Courtesy eCircular
Led by a team that includes industry veterans, Houston, Texas-based ITAD firm eCircular announced its official launch on Feb. 28. A company leader says the venture will be able to fill an underserved portion of the ITAD market and help other processors as well.
SB 1596 excludes motor vehicles, off-road vehicles, farming equipment, medical devices, HVAC systems, solar panels or solar energy storage systems, video game consoles, electrical energy storage systems or electric toothbrushes. | bobpool/Shutterstock
A bill to ensure that consumers have the right to repair most electronics and appliances is on its way to the desk of Oregon’s governor.
peresanz/Shutterstock
Readers last month were drawn to an op-ed co-written by BAN and SERI – marking the first time those organizations have jointly authored an opinion – as well as stories about ITAD giant Sims, e-scrap collection statistics and the E-Reuse Conference changing hands.
uBreakiFix by Asurion offers repairs for smartphones, tablets, computers, game consoles, smart speakers, drones and more. | PRNewsfoto/Asurion
Repair company uBreakiFix by Asurion opened another franchise location in Laredo, Texas, offering repairs for consumer electronics such as smartphones, tablets, computers, game consoles, smart speakers and drones. Continue Reading
Umicore’s recycling division saw its adjusted earnings before interest, taxes, depreciation and amortization fall 30% year over year. | Gualtiero Boffi/Shutterstock
Metals mining and smelter company Umicore described its recycling business as “resilient” in 2023, noting it was “below the exceptional performance” of the year before but still above pre-2020 levels. Continue Reading
Robotic sorting systems that have reached end of life are being processed by ITAD firm First America. | Courtesy of First America
Robotic sorting systems are increasingly making their way into e-scrap and ITAD facilities, where they help categorize, sort and even disassemble devices. Now, they’re entering one processor’s facilities as part of the end-of-life stream. Continue Reading
Sims Lifecycle Services repurposed 2.5 million devices during the 2024 fiscal half-year, up 39% from the half-year prior. | Rattanapong/Shutterstock
Global ITAD firm Sims Lifecycle Services repurposed 700,000 more devices in the first half of its 2024 fiscal year compared with the prior-year period, representing the third year in a row of significant growth in device volume. Continue Reading
Geomega Resources and NeoCtech will both receive funding through NGen’s Global Innovation Cluster grant program | Zerbor/Shutterstock
Canadian industry-led nonprofit NGen awarded 86.7 million Canadian dollars ($64.2 million US dollars) in grants for 15 advanced manufacturing projects in Canada, including two rare-earth magnet recyclers. Continue Reading