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Tag Archives: processors

Processors merge to form single company with scale

Published: September 12, 2019
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A pile of mixed e-scrap.

The newly formed company, Quantum Lifecycle Partners, will operate eight processing facilities in four Canadian provinces. | Olivier Le Queinec/Shutterstock

GEEP Canada and the Shift Group of Companies are bringing together their e-scrap and ITAD offerings, a move they say will boost their reach across Canada.

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Sims’ e-scrap profits drop nearly 17%

Published: September 6, 2019
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Sims noted that lower commodity prices were a factor leading to smaller profits. | create jobs 51/Shutterstock

Sims Recycling Solutions (SRS) pulled in smaller profits during the 2019 fiscal year. But the company also pointed to stronger numbers in the second half of the year, attributing gains in part to data center recycling efforts.

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E-scrap firm opens facility in Texas

Published: August 22, 2019
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At maximum capacity, SMR’s Dallas plant can handle up to 4 million pounds per month. | vladdon/Shutterstock

SMR Worldwide has opened its third processing site, the first of several additional locations slated to come on-line in the next few years.

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Updated: Fire breaks out at Totall Metal

Published: August 8, 2019
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Fire officials spoke with employees and learned the blaze sparked when computers were mixed with lithium-ion batteries. | Inaoy/Shutterstock

This story has been updated.

An Illinois e-scrap processor suffered a major fire this week. The cause is unconfirmed – company employees told investigators lithium-ion batteries were involved, but company officials dispute that fact.

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Arrow: Shifting industry realities drove ITAD closure

Published: August 8, 2019
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During the 10 years Arrow operated in the ITAD sector, e-commerce increased and became a competitor to the company’s business model. | dokurose/Shutterstock

Evolving ITAD economics contributed to Arrow Electronics’ decision to jettison that segment of its business, according to company leaders.

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Analysts and competitors react to Arrow ITAD closure

Published: July 25, 2019
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Outside of its ITAD division, Arrow is a massive supplier of electronic components and posted 2018 sales of $30 billion. | Suphaksorn Thongwongboot/Shutterstock

The shutdown of a major ITAD business has generated unprecedented response from fellow asset disposition companies, which are looking to pick up customers left without a service provider.

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