processors

[caption id="attachment_25063" align="aligncenter" width="1200"] A private equity firm, MBK Partners, and shareholder Young Poong submitted a bid to purchase a majority stake in Korea Zinc, a move the smelting company called a "hostile takeover." | Pavel Kapysh/Shutterstock[/caption] Top executives at South Korean smelting giant Korea Zinc are

Major publicly-traded IT asset disposition firm Iron Mountain has continued its recent string of acquisitions, with Wisetek joining the ranks of Regency Technologies and ITRenew as Iron Mountain assets.

Illumynt, a Boston-headquartered ITAD firm, has brought founder Paul Knight back to lead the company as CEO and shuffled other leadership positions. The changes come as the company is opening three new facilities globally due to a large contract.

Solar panel recyclers can now achieve a specific SERI certification, under the newly added Appendix G for photovoltaic modules. 

Sage Sustainable Electronics is preparing to start up an ITAD processing center in Pennsylvania, increasing the reuse-centered company's processing capacity by 25%.

ITAD firm Echo reported a revenue record for the second quarter this year, despite overall company profits being down at parent company Envela. 

Private equity firm Tide Rock Holdings has acquired Phoenix-based Global Electronics Recycling. The acquisition will help add customers in the aerospace and defense sectors as GER integrates with previous acquisition Full Circle Electronics, the latter company's CEO said in an interview. 

Major ITAD provider Iron Mountain reported second-quarter revenue growth of 30% over the prior year, which company leaders attributed to higher business volume and improved used component pricing.

E-scrap processor ERI is getting into the alkaline battery recycling business, opening a new space to process these materials at its 315,000-square-foot electronics recycling and ITAD facility in Plainfield, Indiana. 

New Hampshire-headquartered Colt Recycling is in the process of starting up its fourth electronics processing facility, located in San Marcos, Texas.