FEBRUARY 2008

Major electronic manufacturers form recycling company

Panasonic, Sharp and Toshiba partner

Three leading electronics manufacturers have created a new electronic product recycling 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.

An important goal for the new company is to provide consumers with convenient recycling opportunities.