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.
James and Kenneth Taggart and their insurance provider agreed to pay $1.35 million to settle a lawsuit alleging they intentionally crippled their e-scrap company to fend off bankers who were angling for a hostile takeover.
Shipments of new devices continue to experience substantial delays due to pandemic-related trends. According to processors, this fact could drive further demand for refurbished devices.
After serving two years behind bars, former Total Reclaim owner Jeffrey Zirkle has been sentenced to another six months. This time, he pleaded guilty to stealing hundreds of thousands of dollars from the company and dodging taxes.
Lithium-ion battery recycling company Battery Resourcers will open a $43 million electric vehicle battery recycling facility in Georgia, the company announced.
ERI recycled 113.7 million pounds of scrap electronics and resold 4.3 million pounds of used devices in 2020, the company recently disclosed. It's the first time the processor has released these figures.
Data management and asset disposition giant Iron Mountain this month announced it will acquire a majority stake in ITRenew, a growing company with a focus on data center decommissioning.
In today's labor market, companies may only dream about having less than 10% employee turnover and little to no absenteeism in their more-repetitive jobs. But data demonstrates those are some of the advantages of employing adults with disabilities.
With the pandemic continuing to hamper supply chains for new electronics, Sims Lifecycle Services has made significant investments in helping data centers reuse their old equipment.
TerraCycle has launched collection services that will feed businesses' used electronics to Clean Earth for data destruction and recycling. Clean Earth also recently announced its own mail-in service.