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.
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.
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.
Battery Resourcers is planning a 154,000-square-foot processing facility in Georgia. | Courtesy of Battery Resourcers
Lithium-ion battery recycling company Battery Resourcers will open a $43 million electric vehicle battery recycling facility in Georgia, the company announced.
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.
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.
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.
Sims Lifecycle Services invested about $7 million to open facilities in Illinois and Tennessee to inventory, configure and ship out used data center equipment. | Fishman64/Shutterstock
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.
This summer, TerraCycle’s EasyPak program launched mail-in serialized data destruction and electronics recycling services for businesses. | Courtesy of TerraCycle
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.
Pittsburgh officials announced the city is seeking a new company to manage its e-scrap collection program in the wake of a recent processor closure. | Jacob Boomsma/Shutterstock
A Pennsylvania e-scrap company has permanently closed, canceling collection events that had been planned in the Pittsburgh area.