Consumer Electronics Companies Form Recycling Firm

Newly formed company targeting electronic scrap in the United States.

Panasonic, Sharp and Toshiba have jointly established a new product recycling management company in Minnesota. The newly formed company is called Electronic Manufacturers Recycling Management Co., LLC. The goal of the company is to manage, collect and perform recycling of the equipment in the United States.

The new company's first activities are focused on providing cost effective services to manufacturers who must satisfy the recently enacted requirements in Minnesota for the recycling of used electronic products.

In addition to planning for recycling programs in several states from late 2008 or 2009, including Connecticut, North Carolina, Oregon, Texas and Washington, MRM is also positioned to offer recycling services as needed in other states or on a national scale. Going forward MRM anticipates working with concerned stakeholders to develop a viable, long-term national solution.

"We believe that forming an independent company to manage collective electronic recycling programs is the best way to achieve the economies of scale and efficiencies necessary to create a sustainable recycling system for used electronics products." said David Thompson, MRM President. "MRM has already entered into collection and recycling agreements with Hitachi Electronics, JVC, Mitsubishi, Philips, Pioneer, Sanyo and Olevia brand maker Syntax-Brillian, and looks forward to working with other manufacturers going forward."

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