GM's $1 Billion a Year Recycling Business
If one man’s trash is another man’s treasure, General Motors has the revenue to prove it.
The automaker generates an eye-popping $1 billion a year reusing or recycling materials that would otherwise be thrown away — everything from scrap steel and paint sludge to cardboard boxes and worn-out tires. It’s an unexpected but welcome revenue stream that comes from rethinking its approach to waste reduction.
Manufacturing is a dirty business. Industrial facilities in the United States generate 7.6 billion tons of nonhazardous waste annually, according the Environmental Protection Agency. Most of it ends up in landfills.
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