Pennsylvania based e-waste disposal and data destruction, Commonwealth Computer Recycling, has completed an initial fundraising round led by a group of local angel investors.
Founded in 2012 and based in Greensburg, Pennsylvania, Commonwealth operates a U.S. Department of Environmental Protection permitted and R2 certified recycling facility. In late 2014, the company opened a transfer station in Aston, Pennsylvania, partnering with Elwyn Industries.
"Our new investors' proven track records in scaling small businesses make them a logical fit for this next phase of our company," explained Serdar Bankaci, CEO and founder of Commonwealth Computer Recycling.
"Eastern Pennsylvania and Delaware are where we see short-term growth, and from there we will continue to grow our presence across the broader Mid-Atlantic region," he continued
"The strategic locations of both facilities will allow us to serve businesses from northern New Jersey down to Washington, D.C., and from Philadelphia to Cleveland," concluded Bankaci.
An EPA study assessing the implementation of the two third-party certification programs for electronic waste recyclers in the U.S. has found that the certification standards are being properly implemented by auditors with thorough knowledge of the standards.
Technology and the move towards a more circular economy to be the key drivers of opportunity for the e-waste recycling industry, delegates to the International Electronics Recycling Congress IERC 2016 have heard.
E-Waste Recyclers Being Squeezed by Low Quantities & Low Prices
Difficult market conditions are currently being faced by the Waste Electrical & Electronic Equipment (WEEE) recycling sector, delegates to this year's International Electronics Recycling Congress IERC 2016 have heard.