Batteries Plus receives $7 million grant to develop new recycling tech
Local stores will provide notifications to consumers as this program rolls out across the nation in the upcoming months. Batteries Plus recycles 50 million pounds of batteries every year, more than one million pounds of which is rechargeable and lithium batteries.
"For 30 years, we have led the way in battery recycling to benefit our communities and preserve the natural world," said Scott Williams, CEO of Batteries Plus. "We hope this grant allows us to encourage Americans to properly recycle the dead batteries in their homes at their locally owned Batteries Plus store."
[READ MORE: Staples launches battery recycling program – with a twist]
Founded in 1988 and headquartered in Hartland, Wis., Batteries Plus operates over 700 locations in 46 states and Puerto Rico and is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City.