E-Waste Systems, Inc. Announces Opening of New Plant in Ohio
February 13 2014 - 10:45AM
Marketwired
E-Waste Systems, Inc. Announces Opening of New Plant in Ohio
New Facility to Be Showpiece Operation
LONDON, UNITED KINGDOM--(Marketwired - Feb 13, 2014) -
E-Waste Systems, Inc. (OTCQB: EWSI) ('EWSI' or the
"Company"), an electronic waste management, reverse logistics,
environmentally focused services and technology company and the
first pure play public e-waste operator, announced today the Grand
Opening of its new eWaste recycling and reverse logistics operation
in Cincinnati, Ohio.
"We are pleased to announce the opening of our new facility in
Cincinnati and the Grand Opening on the 20th of March," said Martin
Nielson, Founder and CEO of E-Waste Systems, Inc. "This facility is
strategically located in the logistics golden triangle of the
Eastern US and will combine to offer all the services available
under our brand."
The facility has been selected and planned to have the capacity
to process as much as 75Million pounds of ewaste annually. The new
building will serve as the headquarters of the operating unit EWS
Cincinnati, which will also provide oversight of the recently
acquired facility in New York state. The Cincinnati unit will
become a strategic operational hub for the Midwest and the New York
location will provide the basis for further expansion in the
Northeast. The initial occupation is over 50,000 square feet with
the possibility for further expansion. All of the assets recently
acquired, including the shredding and separation and CRT processing
lines are being installed into the new
facility. Simultaneously, the asset recovery, data
destruction, and repair and refurbishment functionality, much of
which was acquired with the 2013 acquisition in California is also
being installed. Planning is underway for this location to be
a constantly upgraded operation to ultimately showcase EWSI's
ePlant offering and the future developments which are being
considered as part of that operation.
"Our new location opens extensive business opportunities and
enables us to provide the region with a comprehensive solution to a
global problem," said Julie Peterson, president of EWS Cincinnati.
"We are already operating in the new facility and have just
received record receipts of new waste streams from key
customers."
"In late 2013 EWS Cincinnati acquired equipment for operations
in Ohio and New York and this is the next step in the
implementation of that transaction. Our teams in both locations are
doing a great job." Added Martin Nielson. "This facility is a very
important part of our Eastern US operations."
Details about the Grand Opening will be made available through
EWSI's social media sources.
About E-Waste Systems, Inc. E-Waste Systems, Inc. is the first
pure play public company in the emerging waste electrical and
electronics equipment ("WEEE") industry. EWSI targets companies
facing regulations, corporate social responsibility pressures or
other mandates for handling e-waste. EWSI operates and assists its
large geographical network of affiliates, applying best practices
in professional management, offering state-of-the-art engineering,
and providing a truly global e-waste solution. Additional
information, including the business plan summary, photos and
descriptions of the company's facilities and personnel, and overall
progress of the Company is available on the official website and
social media sites: www.ewastesystems.com,
www.facebook.com/ewastesystems, @ewastesystems.com (Twitter), and
LinkedIn: E-Waste Systems, Inc. Or contact: Investor Relations at:
ir@ewastesystems.com
Safe Harbor Statement: Certain statements and
information in this release constitute "forward-looking statements"
as defined in the Federal Private Securities Litigation Reform Act
of 1995. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be
materially different from any future results, performance or
achievements expressed or implied in such statements. Additional
discussion of factors that could cause actual results to differ
materially from management's projections, estimates and
expectations is contained in the Company's SEC filings. The Company
assumes no obligation to update any forward-looking statements as a
result of new information, future events or developments, except as
required by federal securities laws
Contact E-Waste Systems, Inc. Investor Relations
ir@ewastesystems.com