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Sharp, Panasonic, Toshiba enter recycling management JV

Posted: 18 Jan 2008 ?? ?Print Version ?Bookmark and Share

Keywords:recycling management JV? electronics products? joint venture?

Panasonic Corp. of North America, Sharp Electronics Corp. and Toshiba America Consumer Products have established an electronic product recycling management company to manage collection and recycling programs in the United States.

The first activities of the Electronic Manufacturers Recycling Management Co. LLC (MRM) 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.

Formed as a joint-venture between the three companies, MRM will provide a recycling service to electronics manufacturers and others, including state and local governments. 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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