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Re: cjohnny post# 13778

Tuesday, 02/08/2011 9:41:46 PM

Tuesday, February 08, 2011 9:41:46 PM

Post# of 41931
Big news from Appliance Recycling Centers of America

They announced a BIG deal with GE for the supply of dead appliances for processing by ARCA's new plant in PA. In reading their press release, they will capture the gases from the foam. Isn't this something that GreenSafe was planning to do?

ARCA already has a plant in Canada. I wonder if they will put a new line in their existing building? Their annual report says that the Canadian plant is in Oakville just outside of Toronto.

Is GreenSafe too late in Canada or in America?

Didn't I read that GreenSafe said this afternoon they have no money from Hillard yet?

How do they expect to compete if they have no money, and the competition already has modern equipment in the US and could have it in Canada quicker than GreenSafe could?

What about this GE supply contract to ARCA. That takes a lot of the collection problems away. A big client and logistics already in place.

Are we backing the wrong horse in GreenSafe? Maybe we should buy ARCA?