The Institute of Scrap Recycling Industries has released its latest set of fact sheets summarizing the state of the scrap recycling industry, and electronics recycling is included in its data.
The fact sheets are downloadable and printable PDF files, located at www.isri.org/factsheets.
“The scrap recycling industry is not only growing in size, but is continuing to play a more and more important role in job creation, helping level the U.S. trade balance, and strengthening the economy as a whole,” said ISRI President Robin Wiener. “Despite this, many misconceptions about the industry continue to linger. ISRI is a clearinghouse of information about our industry, our members and how what they do is having a positive impact in local communities and around the world.”
In the U.S., the trade industry reported, the electronics recycling industry has grown from less than $1 billion in 2002 to more than $5 billion annually. The industry now employs more than 30,000 full time employees, up from 6,000 in 2002.
Last year, the U.S. electronics recycling industry processed 3 million to 4 million tons of used and end-of-life electronics equipment. More than 70 percent of the collected equipment is manufactured into specification grade commodities — including steel, aluminum, copper, lead, circuit boards, plastics and glass. Commodities are then sold around the U.S. and the world.
Equipment collected from businesses and commercial interested comprises up to 75% of the market, ISRI said, and the U.S. industry has plenty of room to grow – the trade organization estimates U.S. recyclers are currently operating at about 50% of their operational capabilities.
For more on the fact sheets, visit www.isri.org/factsheet
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