Late last week ElectroniCycle, Spencer, Mass., announced a combined merger and expansion plan with American Retroworks.
ElectroniCycle is the largest television and computer recycling in Massachusetts. The company is a contractor for the state’s Department of Environmental Protection. It has handled, recycled or repaired more than 5 million pounds of electronics over the past year.
Under the new plan worked out between the two companies ElectroniCycle will process materials collected by American Retroworks, including the recovery of reusable pats and using EPA’s model “glass-to-glass” recycling markets for theCRTs.
American Retroworks will focus on the reuse, repair and resaleof the materials for the combined companies. American Retroworks manages more than 150,000 pounds of computer equipment.
As part of the agreement between the two companies Robin Ingenthron accepted a position as vice president of ElectroniCycle, in addition to his position as president of American Retroworks.
As vice president, Ingenthron will be responsible for strategic planning, financing and market development at ElectroniCycle Inc. "ElectroniCycle has not only tripled in size in one year, they are also debt-free," says Ingenthron. "They have unique insights into repair and technology shifts through their 24 years managing Manufacturer-Authorized electronics repair facilities. Everybody loves to do business with them."
Dick Peloquin, president of ElectroniCycle, called AmericanRetroworks an important strategic partner. "Robin has tremendous knowledge in both environmental and financial management. We are very proud that he has accepted this position and together, we are taking this company to set a new standard for reuse and recycling.” Offices for the two companies will be in Massachusetts and Vermont.