NEW YORK-- RecycleBank recycling rewards program has announced plans to strategically expand operations.
RecycleBank's geographic growth into Southern, Mid-Western and Western states brings the company closer to fulfilling its mission of dramatically increasing household recycling rates across the U.S.
RecycleBank announces the following launches: Montgomery, OH, Sioux Falls, SD, Eden Prairie and Maple Grove, MN, Carrollton and Plano, TX, North Miami, FL, Wichita, KS, Albuquerque, NM and Knoxville, TN. In each case, RecycleBank has partnered with waste haulers, material recovery facilities (MRF's) and municipalities to bring rewards for recycling to local residents.
RecycleBank rewards people for recycling. With RecycleBank, members earn Points for every pound recycled, similar to frequent flier miles programs. All recycling carts carry an ID tag read by recycling trucks during curbside pickup. RecycleBank weighs the contents and converts recyclables into Points that get delivered into personal RecycleBank.com accounts. Members use their Points to shop online or via toll free number. Rewards range from groceries and health care products, to movies, spa and travel.
Municipalities look to RecycleBank to dramatically increase recycling rates while lowering landfill fees and creating greener, cleaner
communities. RecycleBank also has partnerships with a number of local and national haulers including Allied Waste Services, Waste Connections, Republic Services, Novak Sanitary Service (a Waste Connections company), Rumpke Recycling, AAA Recycling, and Leck and Sons.
RecycleBank has increased recycling rates by 100% in the municipalities that it services. In addition to a significant increase in recycling, these communities also see a corresponding reduction in landfill disposal fees, a disposable income boost for households that recycle, and a renewed focus on sustainable action to protect our environment.
Most importantly, RecycleBank is helping the environment. To date, RecycleBank households have saved over 559,475 trees, over 37 million gallons of oil, over 200 million gallons of water; and successfully diverted in excess of 59,946 tons of waste from landfills. Having secured $30 million in Series B funding in April 2008 from leading venture capital firms, RecycleBank was just named by Newsweek as one of "the hottest plays" in green investing.
RecycleBank
www.recyclebank.com
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