Columbus, Ohio-based Redemtech, a provider of "Technology Change Management" (TCM) services, has announced the opening of a new 115,000-square-foot processing facility in Richmond, Va.
According to Redemtech, the facility, which employs 80 people, expands its network of regional processing centers, bringing it closer to operations in the Eastern United States.
The Richmond processing facility includes an automated pallet flow conveyor system, wireless batch picking, climate-controlled integration and advanced packing machines to streamline workflow and speed asset turnaround, according to Redemtech.
"We have engineered this facility to provide faster, more efficient processing of assets," Eric Vetrano, Redemtech senior vice president of operations, says. "By building on best practices from our other facilities and implementing new systems, we are able to reduce asset handling and more easily scale to handle peak volumes."
Robert Houghton, president and founder of Redemtech, says, "Asset redeployment and disposition programs, which are essential components of TCM, are often fragmented across multiple suppliers to reduce transportation costs. That increases risk and prevents the full benefits of TCM from being realized." He adds, "Our network of facilities enables national or international organizations to implement TCM in a way that speeds the deployment, reutilization or final disposition of assets while keeping transportation costs low."
Redemtech processing centers prepare new and used technology assets for deployment and manage disposition at end of life. Its processing facilities are equipped with Retrac, Redemtech’s process automation system for processing incoming technology assets using a set of rules that are established for each of the company’s clients, according to Houghton. Incoming computing devices are routed through the processing center for imaging, configuration, data security and asset tagging, while assets targeted for retirement undergo data security management and compliance reporting prior to remarketing or recycling.
The company also offers Datasure Lock-IT, an encryption system that prevents unauthorized access to data stored on a computer’s hard drive while the unit is in transit or in storage. Redemtech stresses that this is not an alternative to data destruction but is designed to control access to data until stronger measures can be taken.
Redemtech has processing centers in Columbus and in Reno, Nev.; in Montreal and Calgary, Canada; and in Slinfold, U.K. It is a subsidiary of Micro Electronics Inc., a technology company based in the Columbus area.
INTECHRA MERGES WITH RETROBOX
Intechra Holding Corp. and RetroBox LLC have announced a merger agreement that the companies say creates the largest full-service information technology asset disposition company in the United States with annual revenues of approximately $40 million. The combined company is operating as Intechra.
At completion of the merger, the terms of which were not disclosed, Intechra has processing centers in Columbus, Ohio, Dallas and Phoenix. The company is headquartered in Dallas and has sales offices in 10 cities.
Intechra is a full-service IT asset disposition company with $22 million in revenue and more than 125 employees at its Dallas processing center. Founded in 1987 as Resource Concepts Inc., the company offers IT asset recycling and data destruction and remarketing services to corporate customers. It sells brand-name refurbished computer equipment through Outlet Computer (www.outletcomputer.com) and a network of domestic and international resellers. Intechra is a wholly owned subsidiary of Intechra Holding Corp. of Jackson, Miss.
RetroBox specializes in the retirement, redeployment, remarketing and recycling of desktop computers, notebooks, servers, networking equipment and associated peripherals.
Stampp Corbin, founder of RetroBox and now Intechra’s chief strategic officer, says that the companies complement each other in many ways. "While Intechra sells primarily through computer manufacturers and wholesalers, RetroBox for the most part sells directly to Fortune 1,000 companies," Corbin says. "In essence, we have complementary geographic markets that will improve customer service."
The company’s significant investors are Chrysalis Ventures in Louisville, Ky.; Clayton Associates in Nashville, Tenn.; Votum Capital in Jackson, Miss.; WestWind Partners LLC in the Quad Cities area of Illinois; and Stampp Corbin. No investor owns a majority.
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