Construction debris and e-waste recyclers team up
Green Energy Renewable Solutions has entered into a joint venture with eCycling USA to expand its Construction & Demolition Debris (C&D) deconstruction plans to include electronic and whiteware waste using a proprietary system developed in Germany. ECycling USA has already partnered with the German firm, called Adelman Umwelt GmbH, to implement 100 electronic waste (e-waste) demanufacturing and materials reclamation sites across the United States. Adelman currently has 60 plants operating throughout Europe.
Worldwide revenues from e-waste recovery were reported to be $8.5 billion in 2009 and are expected to grow to $13 billion by 2014. Currently, 3 million tons of e-waste is produced annually in the United States. Less than 20% of this amount is recycled and the annual amount will exceed 10 million tons by 2017.
Of the 3,321 U.S. recycling companies, only 78 provide some form of shredding, and none can process both e-waste and whiteware (e.g., refrigerators) at the rates that the eCycling USA/ Adelmann system can, as well as segregating the raw materials for sale in commodities markets, according to the two companies.
The Green Energy/eCycling USA site in Detroit is planned to be the model for planned U.S. expansions. In addition, the CEO of eCycling USA, Chuck Vollmer, is the founder of the Jobenomics national grassroots movement (Jobenomics.com). Jobenomics plans to create thousands of new Detroit small businesses related to Green Energy/eCycling USA operations, the announcement said.
No comments found
Lowe’s reveals succession plans
An Oct. 19 article in the Wall Street Journal reported that home improvement giant Lowe’s is working on a succession plan to replace current chief executive Robert Niblock, 50, within three years. Quoting sources close to the company — Lowe’s would not comment on specifics for the article — the newspaper reported that some board members are growing restive with Lowe’s reliance on technology to grow sales.
The CEO search could be connected closely to the retailer’s search for a chief merchandising officer, a position that might have an inside track to the CEO suite, according to the report.
Lowe’s previous executive VP merchandising, Bob Gfeller, left the position last May, when he was promoted to the position of customer experience design. Lowe’s also needs to hire someone to head its logistics and distribution after promoting Mike Mabry, now head of digital interfaces, as part of its May management shake-up.
One obvious candidate for the CEO’s job, company veteran Greg Bridgeford, has made it clear he has plans to retire shortly, according to the WSJ article. The 58-year-old executive, who joined Lowe’s in 1982, served for years as executive VP business development before taking the newly created position of chief customer officer in May.
Lowe's is also undergoing
Lowe's is also undergoing layoffs at the corporate office in a stealth manner to keep it out of the spotlight. These layoffs are small and staggered across different groups at the corporate office. In the past 2 days there have been over 125 people eliminated from their jobs for no reason. Management told employees that the purpose was to reach a 10% reduction in expenses and performance was not a factor in deciding who would be cut. These layoffs will continue over the next few months as each group has a dead line to meet a reduction threshold.
Bosch, Simpson Strong-Tie form alliance
Robert Bosch Power Tool Corp. and Simpson Strong-Tie Co. have signed an agreement to jointly pursue sales, marketing and product development opportunities in the concrete construction market, according to a joint announcement.
The alliance seeks to bring to market a complete Bosch/Simpson Strong-Tie installation system, including adhesive and mechanical anchors, demolition and rotary hammers, and accessories. The new venture will also provide joint jobsite training to installers and offer distribution partners a variety of sales and marketing benefits, giving them access to the broadest commercial and residential product portfolio in the concrete construction industry.
“The alliance between our two companies will give our distribution partners a better way to compete against direct sellers,” said Terry Kingsfather, president, Simpson Strong-Tie. “By combining Bosch’s expertise in power tools and accessory systems with the Simpson Strong-Tie focus on providing specified, value-engineered anchoring solutions, we can drive quality business to our partners and provide customers with even better solutions.”
No comments found