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Tag Archives: processors

Aurubis starts up Georgia smelter

Published: September 30, 2024
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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

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Fire at nonprofit Free Geek prompts community support

Published: September 30, 2024
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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

Korea Zinc defends e-scrap acquisition amid buyout feud

Published: September 30, 2024
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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

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Iron Mountain acquires ITAD firm Wisetek

Published: September 25, 2024
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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.

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Major contract drives ITAD firm’s expansion

Published: September 19, 2024
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Data center technician replacing a drive.

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

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Sage to open fourth US ITAD facility

Published: September 12, 2024
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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

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Investment firm acquires Phoenix-based recycler

Published: August 14, 2024
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Solar array in field.

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. 

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Iron Mountain: Component prices continue to rebound

Published: August 8, 2024
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Iron Mountain truck.

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

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