Re-Teck announced the opening of its new headquarters in Redwood City, Calif., in advance of the company’s expansion of its reverse supply chain management (RSCM) facility and the September opening of a RSCM facility in Milipitas, Calif.
The Redwood City headquarters will house program management, engineering, R&D, business development and support staff.
Re-Teck’s end-to-end RSCM platform, currently deployed by Global 500 brands such as Microsoft, NEC, Amazon and Motorola, eliminates the logistical, compliance and technological issues of technology take-back initiatives. Re-Teck’s engineering teams consider the aftermarket value for devices, the primary market value for component parts—screens, switches and chips as well as the recycling value of metals—and extract the usable elements for re-sale to Re-Teck’s global partner exchange. This RSCM process has been pioneered by Re-Teck and its parent company Li Tong Group (LTG) of Hong Kong.
“Recycling is a dirty word at Re-Teck,” Re-Teck Chief Strategy Officer Linda Li said in a statement. “This is because it used to simply mean shredding the devices; re-using a limited volume of the raw materials, and sending more materials to landfill. At Re-Teck, we understand the potential of technology to be profitably disassembled with components being repurposed and re-used, while addressing regulations and better protecting the planet. The commoditization of recycling has stopped at many of the most progressive technology brands, and they’re now counting on Re-Teck as a strategic partner to help them navigate the new world order.”