Irving, Texas-headquartered Envela is a publicly traded company whose commercial segment includes electronics recovery firms Echo Environmental, ITAD USA, Teladvance, CEX and Avail. | borzywoj/Shutterstock
Envela Corporation, which owns a number of ITAD and e-scrap recycling operations, reported lower sales of secondhand hard drives in the first quarter of the year but higher demand for consumer technology devices.
TES processed 224.4 million pounds of e-scrap last year, slightly less than 234.6 million pounds it handled the year before. | Akiyoko/Shutterstock
Global ITAD company TES processed a slightly lower weight but higher quantity of assets in 2023, the company recently announced. Continue Reading
GreenTek Solutions is starting up a second processing center near its headquarters in Stafford, Texas. | Courtesy of GreenTek Solutions
GreenTek Solutions has grown significantly over the past few years and is in the process of starting up its second processing center near its headquarters in Stafford, Texas. The company’s CEO recently gave more details on the expansion in an interview. Continue Reading
The California Department of Resources Recycling and Recovery recommended increasing the payment for recovery and processing payments for CRTs but keeping the non-CRT payments at the current rate. | Donald Walker/Shutterstock
E-scrap processors who participate in California’s state program could again receive a boost in some payments in the coming year. Continue Reading
E-scrap and ITAD firm Sunnking rebranded to Sunnking Sustainable Solutions to emphasize four key areas of services offered: ITAD, asset recovery, data destruction and ESG reporting. | Chayanuphol/Shutterstock
E-scrap and ITAD firm Sunnking has changed its name to reflect the wider suite of services the company performs beyond asset recovery. Among those services, the company is highlighting the sustainability metrics it reports for clients, which is a growing trend throughout the asset recovery sector. Continue Reading
The 15,000-square-foot facility in Hillsboro, Oregon, will handle data center equipment and personal electronics from clients. | Courtesy of AER Worldwide
ITAD company AER Worldwide’s newest location in Hillsboro, Oregon, brings the company closer to existing clients and opens new doors in the “Silicon Forest.” Continue Reading
Boliden sees revenue drop following a year of lower metal prices and a fire. | Bokstaz/Shutterstock
Metal smelter and recycler Boliden, a major consumer of printed circuit boards, saw lower revenues in 2023 but used slightly more recycled materials. Continue Reading
ITAD research and advising firm Compliance Standards shared the first edition of its ITAD Marketing Leadership Tracker. | NicoElNino/Shutterstock
Which processor has the most aggressive marketing campaign? Who is getting the most traffic from search engine results? How is the overall ITAD industry faring in site visits? An analysis from Compliance Standards has the answers. Continue Reading
Iron Mountain reported $5.48 billion in full-year revenue for 2023, up 7% year over year, but its net income dropped 67%. | Bandersnatch/Shutterstock
Data management firm Iron Mountain reported a 67% decrease in income in 2023 compared to the prior year, largely because of macroeconomic forces but also due to lower resale market prices. Company executives said they’re optimistic about the company’s growing ITAD operations, however.
eCircular’s 38,000-square-foot facility has a processing target of about 50,000 units per month. | Courtesy eCircular
Led by a team that includes industry veterans, Houston, Texas-based ITAD firm eCircular announced its official launch on Feb. 28. A company leader says the venture will be able to fill an underserved portion of the ITAD market and help other processors as well.