California firm creates joint venture with Mexican company.
John Shegerian, president and CEO of Electronic Recyclers, announced the news of the partnership from Monterrey, Mexico, during Gov. Arnold Schwarzenegger's trade mission. Shegerian said that ERI Mexico will benefit from Burillo Azcarraga Group's capital and strong multi-industry foundation in Mexico as well as Electronic Recyclers' standard-setting business model.
"The recycling of electronic waste is a new and dynamic industry that can bring more jobs and a cleaner environment here in Mexico just as it has so successfully in the state of California," Shegerian said. "I look forward to bringing our recycling technology and infrastructure across the border to ensure that the emerging global electronic waste crisis is dealt with responsibly on both sides of the border."
"This is something that Mexico needs," said Fredrik Broberg, a partner in the joint venture. "With the right training and knowledge provided by our partners from Electronic Recyclers, we are confident that this will be a successful venture. It will provide many jobs here in Mexico, give businesses and residents a way to get rid of unwanted electronics and help keep the environment here free from hazardous materials."
Broberg said ERI Mexico will likely be operational by the middle of 2007.
In related news, Electronics Recyclers has also announced that it will be managing and recycling electronic scrap materials generated at Stanford University, Palo Alto, Calif.
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|Title Annotation:||ELECTRONICS RECYCLING|
|Date:||Feb 1, 2007|
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