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Tag Archives: refurbishment/reuse

Sims repurposes more material and grows revenue by 9%

Published: March 17, 2022
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Reviewing business documents.

Sims Lifecycle Service reported earnings for the first half of the 2022 fiscal year were up about 46% year-over-year. | suphakit73/Shutterstock

ITAD and data center services company Sims Lifecycle Service boosted its sales and profits during the latter half of last year, according to recent financial filings.

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Back Market launches buy-back service

Published: March 17, 2022
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Devices stacked for recycling.

Back Market’s service aims to recirculate the estimated 100 million devices sitting in drawers across the country. | andras csontos/Shutterstock

Online refurbished electronics marketplace Back Market has started a U.S. program that allows consumers to sell their devices directly to refurbishers.

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Pennsylvania processor adds capacity and evolves services

Published: March 3, 2022
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A stack of laptops and mobile devices.

Pennsylvania-based CyberCrunch has expanded its physical footprint and processing capacity in recent months. | Neirfy/Shutterstock

E-scrap recycler and ITAD provider CyberCrunch is expanding and remains poised for growth, aligning the company with a market that’s “be bought or buy,” company leaders said.

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Quantum acquisitions part of push to move beyond recycling

Published: February 17, 2022
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Quantum's Brampton, Ontario facility.

With its acquisition of TechReset, Quantum Lifecycle Partners will add staff to its Brampton, Ontario ITAD facility. | Courtesy of Quantum Lifecycle Partners

Two recent actions by Quantum Lifecycle Partners deepen the Canadian processor’s involvement in the reuse business and expand its ITAD customer base.

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Sims bulks up data center capabilities globally

Published: February 10, 2022
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Servicing a hard disk at a data center.

Sims Lifecycle Services opened a 100,000-square-foot redeployment facility in Atlanta, as the company pushes further into the business of managing equipment from data centers.  | Mikhail Starodubov

Electronics processor Sims Lifecycle Services is expanding both domestically and internationally, opening a new facility in Atlanta and adding several new shredding vehicles to its German fleet.

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Report: COVID-19 affected ITAD companies less in 2021

Published: February 3, 2022
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Data center server replacement - Mikhail Starodubov-Shutterstock

The value of used servers skyrocketed 71% over the last three years, according to Cascade Asset Management’s report. | Mikhail Starodubov/Shutterstock

The value of refurbished laptops and servers in 2021 remained higher than pre-pandemic, according to a report from Cascade Asset Management, though laptop prices fell slightly from 2020 highs.

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