Date: November 3, 2011
Source: Image Microsystems
Electronics recycling company Image Microsystems (Austin, TX) has acquired a new 100,000-square-foot processing facility in Kyle, Texas that is expected to enhance the company's asset recovery, recycling and MicroStrate sign substrate manufacturing capabilities. Having recently won a contract from its home city to provide them with road signs made from recycled e-waste plastics, the company is looking to quickly expand its facilities, with the Kyle plant being the first of five planned processing facilities. The company plans to eventually invest more than $30 million in facilities in California, Florida, Michigan and Pennsylvania in addition to the Kyle plant.
PRESS RELEASE
November 2, 2011
Image Microsystems Acquires New Facility Dedicated to E-Waste Plastic Recycling and MicroStrate® Sign Substrate Manufacturing
Upon completion, the new Kyle, Texas plant will be capable of recycling 250,000 pounds of e-waste plastic daily, and is just the first of a 5-site, $30 million expansion
Image Microsystems -- a leading provider of technology restoration, reverse logistics, e-waste recycling and Microstrate® recycled products manufacturing -- today announced they have acquired a new facility in Kyle. Texas. The new 100,000 square foot plant will augment their asset recovery, recycling, and MicroStrate® sign substrate manufacturing capabilities. The announcement is being made in conjunction with the company's sponsorship and speaking engagement at the GreenGov 2011 Symposium being held this week in Washington, DC. The conference is a joint effort of the White House Council on Environmental Quality, and the Association of Climate Change Officers.
'We are excited about the opportunity to increase our e-waste recycling and Microstrate® signage manufacturing capabilities: stated Alex Abadi, PhD, CEO of Image Micr05ystems. 'We're honored to be sponsoring and speaking at the GreenGov, 2011 Symposium, and chose this event to announce our expansion: added Abadi. "Our new Kyle plant is just the first of 5 planned e-waste recycling and MicroStrate® sign substrate manufacturing facilities we have planned. Due to the overwhelming demand for our MicroStrate® signage as well as the growth of our asset recovery business, we're launching a dramatic expansion program which will eventually include investment of over $30 million and facilities in California, Florida, Michigan, and Pennsylvania in addition to the Kyle plant. Once our extensive remodeling process has been completed in Kyle, we'll be able to process over a quarter million pounds of e-waste plastic daily," concluded Abadi.
"It is a great opportunity for the City of Kyle to be considered as a future home of Image Microsystems," stated City of Kyle Mayor, Lucy Johnson. "We are alt looking forward to working through the process to bring the company into the economic base of our city and to incorporate their innovation and creativity into the wealth of talent already making the City of Kyle home," added Johnson.
Patent-pending MicroStrate® sign substrate, made completely of recycled e-waste plastic, is the result of extensive investment in research and development. Image Microsystems combines "dirty" plastic found in spent printer cartridges, or other electronics and converts it into cost effective, earth-friendly MicroStrate® signage. Because of MicroStrate, Image Microsystems' asset recovery customers can purchase MicroStrate® signage made from their own recycled e-waste and save money on a product as tough - but not as theft-prone as aluminum -- while contributing to carbon footprint and e-waste reduction.
About Image Microsystems, Inc.
Founded in 1992, Image Microsystems Inc. is a reverse logistics and restoration leader dedicated to offering innovative solutions to eliminate the legal, financial, and environmental risk associated with information technology and consumer electronics reclamation, recycling, and disposal. For more information, visit the company's website at www.imagemicrosystems.com.
For more information, contact:
Liz Walker
512 623-5621
Liz_walker@imagemicrosystems.com.
www.imagemicrosystems.com.
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