Private equity firm NGP and private investment platform Aventurine Partners led Noveon’s most recent round of funding. | Courtesy of Noveon
Noveon Magnetics took in $75 million in Series B funding and plans to use the money to expand its facilities. Continue Reading
The opening serves as part of the company’s push to expand its global footprint. | Dmitrijs Kaminskis/Shutterstock
ITAD services provider EPC has opened a facility in Colombia’s capital, giving the subsidiary of CSI Leasing its fourth Latin America plant. Continue Reading
CalRecycle is looking to increase compensation to e-scrap recyclers in light of growing overhead expenditures such as fuel and labor. | Dasytnik/Shutterstock
California e-scrap recyclers could see a boost to their state payments under a proposed rate increase motivated by high inflation and other factors. Continue Reading
Executives at Iron Mountain lamented lower prices for many electronics components but feel optimistic about the second half of 2023. | Monticello/Shutterstock
Iron Mountain’s asset life cycle business increased its volume of used electronics processed during the first quarter, but a depressed market for electronic components meant much lower revenues. Continue Reading
The REDWAVE XRF fine promises precise material identification and a purer end product. | Courtesy of REDWAVE
REDWAVE released a system that sorts fine metals using a belt rather than a chute. Continue Reading
Lithium primary batteries have a reputation for starting fires. | Courtesy of Sims Lifecycle Services
Lithium button cell batteries sparked a small fire at BlueSky Solutions, but an official at the North Carolina e-scrap recycler said workflow changes have been made to prevent future incidents. Continue Reading
Re-Source Partners launched over 20 years ago with an initial focus on computer leasing. | Dasytnik/Shutterstock
After over two decades in the IT asset management space, Re-Source Partners found its niche and recently received an award for it. Continue Reading
CNE Direct located its newest facility in Ohio to make it easier to ship out refurbished devices. | Courtesy of CNE Direct
ITAD companies often seek to site facilities near their clients to reduce costs and environmental impacts of collecting used electronics. With its new Ohio plant, CNE Direct also considered downstream movement. Continue Reading
RecycleSoft provides applications for managing inventory, weighing shipments, tracking driver locations and several other necessities for ITAD companies. | Huguette Roe/Shutterstock
When the CEO of electronics reuse and recycling company R3eWaste decided to license the firm’s operations management software to the industry at large, he recognized that no competitors would bite if R3eWaste still used it. Continue Reading
Princeton NuEnergy’s pilot line can process 500 tons of material per year, sourcing batteries from Apple, Dell, Samsung and Call2Recycle. | Courtesy of Princeton NuEnergy
Princeton NuEnergy secured a $12 million grant from the U.S. Department of Energy to accelerate the commercialization of its technology. Continue Reading