In announcing the plan, the California-based ITAD firm said the number of shares and price range had not yet been determined. | JHVEPhoto/Shutterstock
Leaders of major ITAD firm Ingram Micro have signaled their intent to list the company on the New York Stock Exchange, which would mark a return to publicly traded status after about eight years as a private company.
Aurubis’ latest facility has the capacity to process over 180,000 tons of complex recycling materials annually, including circuit boards and copper cables. | Courtesy of Arubis
German company Aurubis has brought its multi-metal recycling facility in Georgia online after two years of work. Continue Reading
A Sept. 14 fire forced Oregon reuse and recycling nonprofit Free Geek to shut its doors, but community support helped the organization get back up and running. | Courtesy of Free Geek
After a devastating fire at Portland, Oregon-based Free Geek in mid-September, a community outpouring of support has the nonprofit close to its fundraising goal for recovery. Continue Reading
A private equity firm, MBK Partners, and shareholder Young Poong submitted a bid to purchase a majority stake in Korea Zinc, a move the smelting company called a “hostile takeover.” | Pavel Kapysh/Shutterstock
Top executives at South Korean smelting giant Korea Zinc are locked in a battle with a private equity firm that wants to seize control of the company. As the fight has spilled into the public arena, the equity firm has attacked the company’s recent business decisions, including its purchase of U.S.-based processor Igneo Holdings. Continue Reading
Boston-headquartered Iron Mountain acquired Cork, Ireland-based Wisetek, continuing its growth. | Sundry Photography / Shutterstock
Major publicly-traded IT asset disposition firm Iron Mountain has continued its recent string of acquisitions, with Wisetek joining the ranks of Regency Technologies and ITRenew as Iron Mountain assets.
Boston-headquartered ITAD firm Illumynt is opening three new facilities globally, thanks to a large contract. | Gorodenkoff/Shutterstock
Illumynt, a Boston-headquartered ITAD firm, has brought founder Paul Knight back to lead the company as CEO and shuffled other leadership positions. The changes come as the company is opening three new facilities globally due to a large contract. Continue Reading
SERI recently opened up its new certification process for photovoltaic panels. | Heinz Trebuth/Shutterstock
Solar panel recyclers can now achieve a specific SERI certification, under the newly added Appendix G for photovoltaic modules. Continue Reading
The Pennsylvania location joins three existing Sage facilities in Columbus, Ohio, and, pictured here, Reno, Nevada. | Photo courtesy Sage
Sage Sustainable Electronics is preparing to start up an ITAD processing center in Pennsylvania, increasing the reuse-centered company’s processing capacity by 25%. Continue Reading
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.