James and Kenneth Taggart and their insurance provider agreed to pay $1.35 million to settle a lawsuit alleging they intentionally crippled their e-scrap company to fend off bankers who were angling for a hostile takeover.
After serving two years behind bars, former Total Reclaim owner Jeffrey Zirkle has been sentenced to another six months. This time, he pleaded guilty to stealing hundreds of thousands of dollars from the company and dodging taxes.
Shipments of new devices continue to experience substantial delays due to pandemic-related trends. According to processors, this fact could drive further demand for refurbished devices.
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.
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.
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.
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.
TerraCycle has launched collection programs that will feed businesses’ used electronics to Clean Earth for data destruction and recycling. Clean Earth also recently announced its own mail-in option.