Dive Brief:

• Zloop Inc., an e-waste firm based in North Carolina, is considering expansion plans that would open a facility in Fernley, NV, a town situated near Reno. 
• The company has currently has a franchise comprised of 20 computer and electronic recycling centers across the country. 
• Zloop expects to create a recycling and distribution center in the community, making a capital investment to exceed $12.1 million. The estimated total impact across a ten-year timespan is expected to reach approximately $120 million. 

Dive Insight:

According to a report released in February, the worldwide e-waste recycling market is set to reach $41.36 billion by 2019. E-Waste Systems is in the midst of its expansion plan that includes an aggressive growth strategy around the globe and across the nation. The company is positioning itself as the sustainable solution for e-waste management in the U.S. and has grown through acquisitions and opening new facilities in cities in the west, northeast and midwest regions of the U.S.