Appliance Recycling Centers of America (ARCA) Contract with Ameren Missouri
Extended Through 2015
MINNEAPOLIS, Jan. 8, 2013
MINNEAPOLIS, Jan. 8, 2013 /PRNewswire/ -- Appliance Recycling Centers of
America, Inc. (NASDAQ: ARCI) today announced that Ameren Missouri has selected
the Company to continue to provide appliance recycling services for the
utility's ApplianceSavers Program through 2015. The new ApplianceSavers
Program, previously called the Refrigerator Recycling Program, was reinstated
as of January 2, 2013.
Through this program, participating Ameren Missouri residential electric
customers who turn in operating but energy inefficient refrigerators and
freezers, manufactured in 2001 or earlier, will be eligible for a $50.00
rebate. The rebate, which was previously $35.00, applies to each qualifying
refrigerator or freezer, with a limit of three (3) refrigerators/freezers per
year. In addition, Ameren Missouri will now also offer customers the ability
to recycle up to three (3) working window air conditioners and/or
dehumidifiers in conjunction with a qualifying refrigerator/freezer. No rebate
is provided for window air conditioners or dehumidifiers. ARCA will continue
to perform the in-home collection of qualifying appliances and properly
recycle the units.
Edward R. (Jack) Cameron, ARCA's President and Chief Executive Officer, said:
"We have enjoyed providing turnkey appliance recycling services for Ameren
Missouri since 2010. To date more than 10,000 customers have participated in
the program, illustrating the importance of proper appliance disposal. We are
extremely pleased to have the opportunity to continue to provide
environmentally sound, turnkey appliance recycling services for Ameren
Missouri and its customers."
To participate in the program please call 877-341-2187 or visit
ARCA's (NASDAQ:ARCI) three business components are uniquely positioned in the
industry to work together to provide a full array of appliance-related
services. ARCA Advanced Processing, LLC employs advanced technology to refine
traditional appliance recycling techniques to achieve optimal
revenue-generating and environmental benefits. ARCA is also the exclusive
North American distributor for UNTHA Recycling Technology (URT), one of the
world's leading manufacturers of technologically advanced refrigerator
recycling systems and recycling facilities for electrical household appliances
and electronic scrap. ARCA's regional centers process appliances at end of
life to remove environmentally damaging substances and produce material
byproducts for recycling for over 200 utilities in the U.S. and Canada.
Nineteen company-owned stores under the name ApplianceSmart, Inc.® sell new
appliances directly to consumers and provide affordable ENERGY STAR® options
for energy efficiency appliance replacement programs.
This press release contains statements that are forward-looking statements as
defined within the Private Securities Litigation Reform Act of 1995. These
forward-looking statements are subject to risks and uncertainties that could
cause actual results to differ materially from the statements made, including
the risks associated with general economic conditions, competition in the
retail and recycling industries and regulatory risks. Other factors that could
cause operating and financial results to differ are described in ARCA's
periodic reports filed with the Securities and Exchange Commission. Other
risks may be detailed from time to time in reports to be filed with the SEC.
SOURCE Appliance Recycling Centers of America, Inc.
Contact: Edward R. (Jack) Cameron, CEO or Rachel Holmes, Chief of Staff,
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