E-cycling: Firm announces Nashville recovery facility

Company is riding environmental, HIPAA and security concerns that have attracted VC investment and government scrutiny

Email | Print By Milt Capps

Growing business in data destruction, asset recovery

NashvillePost.com has learned that AERC/Com-Cycle will soon open an electronics-recycling and data-destruction facility in Nashville, employing at least 50 and partnering with S3 Consulting for business development.

S3 is a Nashville-based e-commerce software and marketing company owned by Debbie Gordon, the founder and CEO of SnappyAuctions, the eBay reseller and franchisor.

Com-Cycle CEO Peter Jegou told NashvillePost.com yesterday he is negotiating for office and remanufacturing space within seven miles of Nashville International Airport. Com-Cycle is a New Jersey-based division of privately held AERC Recycling solutions, based in Pennsylvania.

Com-Cycle recently introduced technology and services for customers facing HIPAA mandates to protect patients' medical information and similar regulations, pushing the company deeper into the hot and politically sensitive 'end-of-life' asset management sector.

During the past two years, Nashville-based Richland Ventures and other VCs have made investments totaling $50 million or more in a Mississippi-based Com-Cycle competitor, Intechra Holding Corp. In addition, both Congress and the Tennessee General Assembly have been considering new legislation to address electronic-data security, recycling, remanufacturing and waste disposal for electronics products and similar goods.

Typically, such legislation – a Tennessee push stalled last year – requires manufacturers and retailers to ensure that consumers know how to recycle or dispose of their products. Some laws provide manufacturers incentives in exchange for such commitments.