SOURCE: Sims Recycling Solutions U.S.
ROSEVILLE, CA--(Marketwired - September 17, 2013) - Sims Recycling Solutions, the global leader in electronics reuse and recycling has installed the world's most powerful electronic waste recycling equipment at the 200,000-square-foot electronics recycling facility located in Roseville, Calif. This modernized technology has an improved workflow process; and the equipment investment and engineering innovation will enable Sims to increase processing capacity by 36.4 million pounds per year -- the equivalent of almost two million computers.
Installation began in April 2013 and the facility recently began processing material using the newly installed equipment. Sims will host a private grand re-opening and ribbon-cutting event on-site at 8855 Washington Boulevard, in Roseville, CA 95678 on Thursday, September 26, 2013 from 9:00 a.m. to 11:30 a.m. to present this new equipment. This event will not be open to the public.
"This improved process enables our Roseville location to accept a wider variety of materials in higher volumes which will help better serve the needs of local municipalities, communities and businesses," stated Steve Skurnac, president of Sims Recycling Solutions. "Our engineering team analyzed our current equipment and its capabilities and determined that in the long-run it was necessary to upgrade so it could effectively handle the growing demand of material ready for recycling."
The equipment being replaced was originally installed in the mid-1990's and was one of the first electronic waste recycling machines built in the United States. Using lean six sigma methodologies this new process has maximum efficiencies and effectiveness that will contribute towards a more environmentally responsible and data secure workflow of material.
For more information regarding the grand re-opening and ribbon-cutting event, please visit www.us.simsrecycling.com/grand-reopening.
Sims Recycling Solutions
Sims Recycling Solutions (us.simsrecycling.com) is the global leader in electronics reuse and recycling, offering customers in every business sector comprehensive recycling services out of our 42 owned and operated sites across the globe.
Sims Recycling Solutions -- owned by Sims Metal Management, a publicly traded company -- has the global reach, expertise and infrastructure necessary to guarantee our customers that their data is secure, their electronic equipment is processed in an environmentally responsible manner, their reputation is protected and their compliance risks are eliminated.
In North America, Sims Recycling Solutions operates 16 sites in Arizona, British Columbia, California, Florida, Illinois, Maryland, Nevada, New Jersey, Ontario, Quebec, Tennessee and Texas.
Cautionary Statements Regarding Forward-Looking Information
This release may contain forward-looking statements, including statements about Sims Metal Management's financial condition, results of operations, earnings outlook and prospects. Forward-looking statements are typically identified by words such as "plan," "believe," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project" and other similar words and expressions.
These forward-looking statements involve certain risks and uncertainties. Our ability to predict results or the actual effects of our plans and strategies is subject to inherent uncertainty. Factors that may cause actual results or earnings to differ materially from these forward-looking statements include those discussed and identified in filings we make with the Australian Securities Exchange and the United States Securities and Exchange Commission ("SEC"), including the risk factors described in the Company's Annual Report on Form 20-F/A, which we filed with the SEC on 18 March 2013.
Because these forward-looking statements are subject to assumptions and uncertainties, actual results may differ materially from those expressed or implied by these forward-looking statements. You are cautioned not to place undue reliance on these statements, which speak only as of the date of this release.
All subsequent written and oral forward-looking statements concerning the matters addressed in this release and attributable to us or any person acting on our behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this release. Except to the extent required by applicable law or regulation, we undertake no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release.
All references to currencies, unless otherwise stated, reflect measures in Australian dollars.
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