Panasonic, Sharp and Toshiba Join Hands To Meet Recycling Requirements
LAS VEGAS, Jan. 6 /PRNewswire/ -- Three leading electronics brands have
established a new electronic product recycling management company,
Electronic Manufacturers Recycling Management Company, LLC (MRM), to manage
collection and recycling programs 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.
Formed as a joint-venture between Panasonic Corporation of North
America, Sharp Electronics Corporation and Toshiba America Consumer
Products, 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."
An important goal for the new company is to provide consumers with
convenient recycling opportunities. Minnesota Pollution Control Agency
Commissioner Brad Moore praised the company's work. "In the first five
months since Minnesota's new electronic recycling law took effect, MRM
collected approximately 750 tons of used products - a significant amount.
We are pleased with MRM's effort in being the first manufacturer
organization to offer convenient recycling service to citizens in all parts
of our state, and hope it works to decrease illegal dumping of waste
electronic products."
MRM is designed to operate a practical and efficient program that works
for consumers and manufacturers in the state of Minnesota and beyond. Cost-
effective and environmentally sound recycling are important for increasing
the long-term sustainability of the electronics industry and this new
company reflects the venture partners' continued commitment to
environmental responsibility.
About MRM
Established as a joint venture by Panasonic Corporation of North
America, Sharp Electronics Corporation and Toshiba America Consumer
Products, Electronic Manufacturers Recycling Management Company, LLC
('MRM') will operate a collection and recycling program in Minnesota and
beyond. The joint venture company has been set up to serve the needs of
electronics manufacturers who will be responsible for take-back of products
under new electronic waste recycling laws, as well as the needs of
consumers for convenient access to electronic recycling opportunities.
SOURCE Toshiba America Consumer Products, L.L.C.
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Related links:
http://www.cesweb.org
CONTACT:
Jim Reilly of Panasonic, +1-201-392-6067,
reillyj@us.panasonic.com; or Christopher Loncto of Sharp,
+1-201-529-8680, lonctoc@sharpsec.com; or Maria Repole of
Toshiba, +1-973-628-8000 x4250, maria_repole@tacp.com
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