Electronic Recyclers Announces Purchase Of ElectroniCycle

Boston, MA - Fresno-headquartered Electronic Recyclers, Inc., the recycler of electronics in the state of California, announced recently that it has purchased Gardner, Massachusetts based ElectroniCycle as the first step of its planned national expansion.

"We are extremely proud to be combining talents with an existing business that is legendary in Massachusetts for its great track record of year-over-year growth and superb quality of service," said John S. Shegerian, Chairman and CEO of Electronic Recyclers. "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. This move enables us to better service our dozens of national accounts while positioning our company for continued growth and expansion."

Shegerian added that with the addition of the Massachusetts facility, Electronic Recyclers is now capable of processing in excess of 70 million pounds of electronic waste per year.

"We've seen first hand in California that the recycling of electronic waste is a dynamic industry that brings more jobs and a cleaner environment," said Shegerian. "Now we can bring our successful model and blend it with ElectroniCycle's existing foundation to make our services available to a broader spectrum of national customers."

"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," said Dick Peloquin, founder and president of ElectroniCycle. "The opportunity to join ER and grow with the extraordinary team that John Shegerian has assembled has arrived at the ideal time. We are proud and excited to join that team and do our part to create one of the largest and finest recycling organizations in the world. Electronic recycling is a rewarding business in that it is beneficial to our environment, profitable for our US economy and beneficial to the world economy. Most important, it is sustainable!"

SOURCE: Electronic Recyclers, Inc