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Tag Archives: processors

How the industry is navigating tough insurance markets

Published: August 30, 2023
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insurance

Industry operators are using fire mitigation technologies and other strategies to keep their facilities covered. | Fradu/Shutterstock

Electronics recycling and reuse companies say insurance has become significantly more expensive and difficult to manage, so they’re employing a number of strategies to cope. Continue Reading

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State program report covers export, costs and more

Published: August 30, 2023
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Metro Metals’ locations in Vancouver, Wash. (pictured above) and Tacoma, Wash. together handled about 41% of the e-scrap recycled by the E-Cycle Washington program in 2022. | Jared Paben/E-Scrap News

The total e-scrap weight handled by Washington state’s program dropped, one device was wrongly exported to the Middle East and a processor exited the program last year, according to an annual report. Continue Reading

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Amazon affiliate to open data center recycling facility

Published: August 23, 2023
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An Amazon-affiliated upcoming Antrim Township, Pa. location will hire up to 500 workers to process electronics from data centers. | Sergei Elagin/Shutterstock

One of Amazon’s subsidiaries is planning a 550,000-square-foot data center decommissioning facility in Pennsylvania, slated to come on-line in spring of 2024. Continue Reading

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Margin pressure, inflation cut Sims earnings in half

Published: August 23, 2023
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In spite of depressed resale prices in China, Sims Lifecycle Services reported a large increase in electronics resold during the 2023 fiscal year. | Andrii Yalanskyi/Shutterstock

Low used electronics pricing in China, margin compression and inflation conspired to cut Sims Lifecycle Services’ profits in half during the 2023 fiscal year, executives said.  Continue Reading

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Insights from Iron Mountain, Envela financial disclosures

Published: August 9, 2023
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Iron Mountain and Envela Corporation recently released second-quarter earnings results, providing insight into electronics reuse and recycling markets. | iQoncept/Shutterstock

Low prices for electronic components continue to dampen Iron Mountain’s data center decommissioning business. Meanwhile, a group of ITAD and e-scrap companies boosted their profit margins even amid a slowdown in business.  Continue Reading

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TES to open hyperscale-focused plant in Virginia

Published: August 9, 2023
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Closeup of a server rack.

The upcoming Fredericksburg, Va. facility will likely replace TES’ current ITAD plant. | Basiczto/Shutterstock

TES is opening a facility in Virginia to decommission hyperscale data centers, part of the ITAD company’s strategy to benefit from the continuing transition of computing power from individual devices to the cloud.  Continue Reading

URT to recycle Guam’s storm-damaged school e-scrap

Published: July 26, 2023
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A representative from URT estimates that his company will receive roughly half a million pounds of e-scrap at its facility in Clackamas, Ore. | Eric Celebrezze/Shutterstock

Forget the next city or state over – Universal Recycling Technologies’ Oregon facility will recycle e-scrap that traveled the equivalent of one-third of the circumference of the earth.  Continue Reading

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