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.
Robotic sorting systems that have reached end of life are being processed by ITAD firm First America. | Courtesy of First America
Robotic sorting systems are increasingly making their way into e-scrap and ITAD facilities, where they help categorize, sort and even disassemble devices. Now, they’re entering one processor’s facilities as part of the end-of-life stream. Continue Reading
Sims Lifecycle Services repurposed 2.5 million devices during the 2024 fiscal half-year, up 39% from the half-year prior. | Rattanapong/Shutterstock
Global ITAD firm Sims Lifecycle Services repurposed 700,000 more devices in the first half of its 2024 fiscal year compared with the prior-year period, representing the third year in a row of significant growth in device volume. Continue Reading
Geomega Resources and NeoCtech will both receive funding through NGen’s Global Innovation Cluster grant program | Zerbor/Shutterstock
Canadian industry-led nonprofit NGen awarded 86.7 million Canadian dollars ($64.2 million US dollars) in grants for 15 advanced manufacturing projects in Canada, including two rare-earth magnet recyclers. Continue Reading
The 7,800-square-foot Edmonton facility started operations Feb. 1. | Suttirat Wiriyanon/Shutterstock
Canadian ITAD company Quantum Lifecycle Partners opened a sixth ITAD facility, which will provide lifecycle management to the Alberta area. Continue Reading
Teck is looking to add EV batteries to its recycling operations, which already include lead batteries, zinc alkaline batteries and CRT glass. | Sergii Chernov/Shutterstock
Teck Resources, one of the few remaining end markets for CRT glass in the Americas, is considering building an electric vehicle recycling plant. Continue Reading