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Office Depot offers to recycle old PCs
Consumers can recycle one electronics product a day for free as part of a limited summer initiative.
July 13, 2004: 12:08 PM EDT

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NEW YORK (CNN/Money) - Don't be so quick to toss out your old PCs, fax machines or digital cameras -- office supply retailer Office Depot is partnering with Hewlett-Packard to offer recycling of one electronic product a day for free all through the summer.

In a press conference Tuesday morning, Office Depot executive Chuck Rubin said the program is designed to offer customers an environmentally sound way to dispose of old electronics.

"We believe this initiative represents our most comprehensive environmental project to date," said Rubin. "It's critical to us that our customers see us as more than just a provider of goods and services."

The program, which will run from July 18 through Sept. 6, comes as computer and electronics makers are increasingly pressured to recycle, since most of the products they manufacture contain lead, mercury and other chemicals that can be harmful if dumped in landfills.

It will be offered at all 850 of Office Depot's (ODP: up $0.04 to $18.43, Research, Estimates) continental U.S. stores and will combine the retailers' ability to provide reverse logistics with Hewlett-Packard's (HPQ: up $0.20 to $20.31, Research, Estimates) technical know-how in recycling used electronics.

Although customers won't get any cash or rebates for bringing in dated electronics, Rubin said the company is looking into adopting such an incentive scheme in the future.

The offer includes all brands of electronics, and products including computer monitors, digital cameras, copiers, fax machines, cell phones, personal digital assistants (PDAs) and TVs that are 27 inches or smaller, the report said.

The companies would not disclose how much their program will cost, or how they're splitting the bill.  Top of page




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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.