News | January 10, 2006

Electronic Recyclers Of America Partners With HMR

Leading E-Waste Recycling and Repurposing Entities Join Forces to Expand Capabilities

Fresno, CA — Electronic Recyclers of America (ERA -- California's largest recycler of electronic waste) has announced that it has entered into a joint venture partnership with HMR, an Australian based global leader in surplus asset chain management services with US headquarters in San Francisco. The two organizations have come together to provide greater capabilities and an array of services to accommodate the quickly blossoming electronic waste recycling industry.


As part of the agreement, ERA will serve as HMR's exclusive downstream for CRT's (televisions and computer monitors), while HMR will serve as ERA's upstream for useable, remarketable equipment. HMR's crusher is now housed at ERA's state-of-art Fresno location, making the site the only e-waste recycling facility in the state with more than one CRT crusher in house.

"We are extremely proud to have entered into this relationship with HMR," said John S. Shegerian, ERA's President and CEO. "We will be working together on projects aimed at making the recycling of electronic waste environmentally responsible and accessible to more Californians while referring business to one another. By combining our CRT crushers under one roof, at the ERA warehouse, we have brought to bear a situation where we effectively house 3/4 of the crushers in California. HMR's team of account executives in Sacramento, San Francisco and Los Angeles, along with our own reps, will be aggressively marketing our combined services."

Shegerian added that the agreement also provides ERA access to HMR's fleet of trucks and logistics services.

"The most effective way to manage obsolete equipment is to either re-purpose it or recycle it," said John Bekiaris, Chief Executive Officer for HMR USA. "Our focus on providing the most environmentally friendly process possible is what has led us to this relationship with ERA, who hold philosophies that are very much on the same page as our own."

SOURCE: Electronic Recyclers of America