Friday, September 11, 2009
TerraCycle to UPCYCLE its revenue!
TerraCycle Inc. is just eight years old. It was founded by a Princeton University freshman named Tom Szaky. However, today, this company is growing FAST. According to GreenBiz.com, "Chief Executive Tom Szaky said the firm expected sales of its "up-cycled" bags, pencil cases, and garden products to hit $10 million (£6.1m) this year, before increasing to $50 million during 2010." So how'd he do it? With passion for sustainable living and a cool new word for recycling. The term "upcycle" means to reuse non-recyclable waste materials and create eco-friendly products like a "Drink Pouch Backpack" or "Cookie Wrapper Pencil Case." Watch for this growing GREEN company!
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