Electronics Recycling

Austin, Texas-based Newmarket IT, a provider of electronics recovery, refurbishing and resale services, has changed its name to TechTurn.

According to the company, its new name highlights its "emphasis on salvaging all the value from used electronic equipment and turning it into useful and affordable technology instead of e-waste."

TechTurn also has announced a new recycling services program for value-added resellers and systems integrators.

"At TechTurn, we believe that reuse is the highest form of recycling and we have the processes and expertise to return nearly 80 percent of the retired electronics we receive to the marketplace," Jeff Zeigler, TechTurn founder and CEO, says.

According to TechTurn, its new recycling services program is designed to produce revenue and market opportunities for qualified resellers. The program offers sales and marketing support to resellers, allowing them to sell IT asset recovery services to small-and-medium-sized business customers, according to the company.

Once a customer purchases this service from its reseller, TechTurn takes over, handling all logistics to remove and transport the assets to a TechTurn facility. The devices are wiped of data and processed to refurbish and resell all usable equipment. TechTurn also provides detailed reports verifying data destruction, EPA compliance and serialized reporting for all fair market values offered.

TechTurn president Jake Player says, "Smaller businesses have the same IT disposal issues as large enterprises, but there has not been a solution for them. Now, resellers can offer these companies a premium IT retirement service along with their asset management portfolios."

In August of 2006, TechTurn received a $50 million infusion of growth capital from private equity firm Catterton Partners. The company’s rebranding and market expansion efforts are the latest initiatives that leverage this investment.

More information is available at www.techturn.com.

Global Investment Recovery Inc. (GIR), based in Tampa, Fla., has completed the acquisition of a 44,000-square-foot facility in Tucson, Ariz., from which GIR will provide electronic recycling services to customers in the Southwest region of the United States.

The Tucson plant is GIR’s seventh recycling facility, joining other operations in Tampa, Aiken County, S.C., and Reno, Nev.

GIR says it expects to invest $3 million into the facility and to begin production in May. GIR expects to recycle 20,000 personal computers, up to 15,500 monitors and other products monthly at the location.

"We are very excited and proud to grow into the vibrant Southwest area with our latest processing facility, bringing our company’s recycling knowledge, methods and techniques as well as providing new jobs for the Tucson area," David Ritter, GIR president, says.

GIR recycles 560 tons of plastics and nearly 2,800 tons of steel yearly.

Electronic Recyclers Inc., headquartered in Fresno, Calif., has purchased ElectroniCycle, based in Gardner, Mass.

"Our goal to expand our business nationally sees the first of many exciting steps today with the adoption of ElectroniCycle as part of the Electronic Recyclers family," John Shegerian, Electronic Recyclers chairman and CEO, says. "This move enables us to better service our dozens of national accounts while positioning our company for continued growth and expansion," he adds.

"After several years of solid growth, ElectroniCycle has reached a point where we need an organization such as Electronic Recyclers to take us to the next level," Dick Peloquin, founder and president of ElectroniCycle, says.

Electronic Recyclers will be able to handle more than 70 million pounds of e-scrap per year with the addition of the new facility.