E-waste Recycling a Growing BusinessE-waste Recycling a Growing Business
September 22, 2014
When it’s time for businesses to upgrade their electronics and gadgetry, the process involves a bit more than “out with the old, in with the new.”
There are government regulations, environmental considerations and a paperwork-laden “de-manufacturing” process that play key roles in the process.
There’s also money to be made if the process is followed carefully, Kyle Stone said.
Stone is owner of A-Line Iron & Metals, which generates most of its $10 million to $15 million in yearly revenues collecting, taking apart and recycling scrap metal.
“E-scrap” is a small but growing part of the business, accounting for as much as 5 percent of revenues by Stone’s most recent estimate.
“Our big thing isn’t computers. We inherited the computers due to everything else we do,” said Stone, who operates twin recycling warehouses -- one of which is dedicated to electronic waste -- at 1500 David St. in Waterloo.