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It also sells industrial shredding equipment to other secure information destruction businesses. [7] In 2014, Shred-it merged with Cintas Document Shredding, which now operates under the Shred-it name. [8] [9] [10] In 2015, Stericycle acquired Shred-it and began positioning the company as one of its many waste management and compliance services.
Large organizations or shredding services sometimes use "mobile shredding trucks", typically constructed as a box truck with an industrial-size paper shredder mounted inside with storage space for shredded materials. Such units may also provide the shredding of CDs, DVDs, hard drives, credit cards, and uniforms, among other things. [9]
Revelations of irregular accounting led to a major drop in stock price and to the replacement of top executives after a new CEO ordered a review of the company's accounting practices in 1998. Waste Management's shareholders lost more than $6 billion in the market value of their investments when the stock price plummeted by more than 33%. [ 7 ]
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Battery recycling is a recycling activity that aims to reduce the number of batteries being disposed as municipal solid waste.Batteries contain a number of heavy metals and toxic chemicals and disposing of them by the same process as regular household waste has raised concerns over soil contamination and water pollution. [1]
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