Dive Brief:
- E-Waste Systems Inc., an electronic waste solutions company, opened a new reverse logistics and electronics recycling facility in Cincinnati, Ohio.
- The facility can handle 75 million pounds of e-waste scrap annually.
- According to the company, the Cincinnati facility measuring 50,000 square feet is expected to become a strategic hub acting as a base to create further expansion into the Northeast.
Dive Insight:
Martin Nielson, founder and CEO of E-Waste Systems Inc., said, "In late 2013 EWS Cincinnati acquired equipment for operations in Ohio and New York, and this is the next step in the implementation of that transaction." The facility's grand opening will be held on March 20.
E-Waste Systems recently inked a deal with its investment partner for $30 million. The funding will allow the company to expand further into China.