ITAD firm Echo reported revenues of $13.3 million for the second quarter of 2024, a year-over-year increase of 16.2%. | JIPEN/Shutterstock
ITAD firm Echo reported a revenue record for the second quarter this year, despite overall company profits being down at parent company Envela.
Global Electronics Recycling brings experience handling solar panels to Tide Rock’s existing portfolio company, Full Circle Electronics. | lccarvalho/Shutterstock
Private equity firm Tide Rock Holdings has acquired Phoenix-based Global Electronics Recycling. The acquisition will help add customers in the aerospace and defense sectors as GER integrates with previous acquisition Full Circle Electronics, the latter company’s CEO said in an interview.
Iron Mountain reported data center decommissioning activities are increasing in demand, largely attributed to the rise of AI services requiring refreshes to bring in state-of-the-art equipment. | Bandersnatch/Shutterstock
Major ITAD provider Iron Mountain reported second-quarter revenue growth of 30% over the prior year, which company leaders attributed to higher business volume and improved used component pricing. Continue Reading
The matrix made from recycled e-plastic. | Courtesy of NTU Singapore
Researchers at the Nanyang Technological University-Singapore have come up with a novel product idea for recycled ABS – cell cultures that can be used to grow test tumors. Continue Reading
The June 2023 acquisition by global metals company Elemental paved the way for Colt Recycling’s fourth U.S. site, and CEO Jim Maher expects the affiliation to help gain share in the large Texas market. | Courtesy of Colt Recycling
New Hampshire-headquartered Colt Recycling is in the process of starting up its fourth electronics processing facility, located in San Marcos, Texas. Continue Reading
The battery recycling plant has a capacity of millions of pounds of alkaline batteries per year. | Kinek00/Shutterstock
E-scrap processor ERI is getting into the alkaline battery recycling business, opening a new space to process these materials at its 315,000-square-foot electronics recycling and ITAD facility in Plainfield, Indiana. Continue Reading