After a long working relationship, New York IT asset disposition firm 4THBIN and downstream processor ecoTech Management have merged. | Courtesy of 4THBIN
IT asset disposition firm 4THBIN and downstream processor ecoTech Management have joined together in a move company leaders say merges their expertise in the front-end and back-end sectors of used device management. Continue Reading
Quantum Lifecycle Partners, which operates this ITAD facility in Brampton, Ontario, recently acquired Paragon Bay Group. | Courtesy of Quantum Lifecycle Partners
An e-scrap processor is entering a new business sector by purchasing a telecommunications equipment supplier, and a major Canadian ITAD firm just got a little larger. Continue Reading
EPC opened a facility in Columbia, S.C that is double the size of the two facilities it replaced. | Damrong Rattanapong/Shutterstock
Processor EPC has combined the business operations of two U.S. facilities into a single South Carolina location, which has a footprint twice the size of the previous sites put together. Continue Reading
A shared focus on tracking and showcasing environmental, social, governance metrics to clients was a point of interest for the acquisition. | Chayanuphol/Shutterstock
Fast-growing processor Sprout late last year purchased key assets of CircleIT, a longtime processor previously known as HiTech Assets. A Sprout executive said CircleIT’s platform for tracking and reporting sustainability metrics to clients helped drive the deal. Continue Reading
The legal settlements were the latest in the Closed Loop Refining and Recovery CRT abandonment case in Phoenix. | Justin Pinkney/Shutterstock
Three e-scrap companies will pay a combined $2.2 million to help fund the cleanup of millions of pounds of CRT materials abandoned by Closed Loop Refining and Recovery in Phoenix. Continue Reading
Through ERI’s training program, adults with intellectual and developmental disabilities will earn certification in “Basic Production Principles.” | Damrong Rattanapong/Shutterstock
ERI is collaborating with several other organizations to bring a training program for e-scrap recycling to its Indiana facility. Continue Reading
Speaking during the “Maximizing the Value of Your Precious Metals” session were (from left to right) session moderator Bo Guilbeault of Starbucks, John Antonacci of Gannon & Scott, Kristina Picciotti of Global Electronic Recycling, and Naveed Moghadam of Aurubis. | Big Wave Productions
Each company has its own niche in the e-scrap and ITAD game, and by looking at other players as potential collaborators rather than fierce competitors, everyone can benefit financially. That was one takeaway from a recent conversation between a collector, refiner and smelter operator. Continue Reading
Iron Mountain, Envela Corporation and Li-Cycle Holdings recently released third-quarter earnings results, providing insight into markets. | Kenary820/Shutterstock
Iron Mountain says used electronics pricing was relatively steady during the third quarter, flattening out revenues for the company’s asset lifecycle segment. But Envela Corporation found decreased volumes of incoming electronics and solar panels hurt results at its ITAD and e-scrap companies. Continue Reading
TRY ITAD facility in Zama, Japan. | Photo courtesy of CSI Leasing.
CSI Leasing, a global firm that owns recycling and electronics processing facilities throughout the world including EPC, has increased its stake in TRY Corporation, an ITAD operation near Tokyo. Continue Reading
TES aims to repurpose 1 billion kilograms of electronics by 2030. | Chayanuphol/Shutterstock
TES and Enviri both reported progress toward sustainability goals in their 2022 reports. Continue Reading