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Tag Archives: processors

Republic Services reaches deal to buy US Ecology

Published: February 10, 2022
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Republic Services truck on the road.

Republic Services is set to acquire US Ecology, which disposes of significant amounts of leaded CRT glass. | Michael T Hartman/Shutterstock

US Ecology, which recycles and disposes of electronics and their components, is slated for acquisition by the second-largest garbage and recycling hauler in North America.

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Report: COVID-19 affected ITAD companies less in 2021

Published: February 3, 2022
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Data center server replacement - Mikhail Starodubov-Shutterstock

The value of used servers skyrocketed 71% over the last three years, according to Cascade Asset Management’s report. | Mikhail Starodubov/Shutterstock

The value of refurbished laptops and servers in 2021 remained higher than pre-pandemic, according to a report from Cascade Asset Management, though laptop prices fell slightly from 2020 highs.

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Former ECS Refining owners settle suit alleging sabotage

Published: January 27, 2022
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Court gavel rests on a book against a black background.

The settlement with James and Kenneth Taggart comes after nearly four years of legal battling following the 2018 bankruptcy and closure of ECS. | Nikolay Antonov/Shutterstock

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.

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Former Total Reclaim exec headed to prison (again)

Published: January 20, 2022
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Court gavel with scales and book on desk.

On Jan. 18, a federal judge sentenced Jeffrey Zirkle to six months in prison and ordered him to pay nearly $126,000 in restitution to the government for a tax crime. | Chodyra Mike/Shutterstock

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.

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Why it’s the ‘perfect time to capitalize’ on device refurb

Published: January 20, 2022
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At the 2021 E-Scrap & E-Reuse Conference, the “Diving Into Materials Markets” panel featured moderator Adam Shine of Sunnking, Chris Ko of ER2, Kevin Corrigan of Ingram Micro and Brian Diesselhorst of Igneo. | Dan Leif/Resource Recycling, Inc.

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.

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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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