There are two ways to increase a company’s profit margin: either the company can bring in additional income, or it can reduce some of its expenses. The success of every business, no matter how small or large it is, rests on its ability to find unique and creative ways to do these two essential tasks.
Aluminum and steel are the two metals that are most commonly recycled and reused. Not only are they widely used and available, but they can be recycled many times without losing any of their important properties. Recycled aluminum and steel are just as valuable as brand new aluminum and steel, and they can both be recycled several times. Plus, recycling these materials can sometimes cost even less than disposing of them, without even factoring in the cost of purchasing new materials. Gold, silver, copper and brass can be recycled as well, although these materials are not as widely used as aluminum and steel.
While smaller companies might find significant savings by taking their scrap metal in to a nearby recycling center for cash, larger companies or companies that are not near a recycling center may want to cut out the middle man and invest in their own metal recycling machine. For companies that deal with a large amount of metal, these machines can often pay for themselves many times over within a short period of time. Plus, having a machine on hand reduces the cost of gas and labor to deliver the scrap metal to the recycling center.
Metal recycling machines do not just help companies save money; they are also good for the environment as well. As more and more companies simply throw their construction waste away, the landfills are filling up at an alarming rate. Recycling and reusing materials keeps them out of landfills and in the hands of paying customers instead. Recycling also uses far less of the Earth’s resources, and it produces far less carbon dioxide emissions as well. In fact, recycling aluminum only produces a mere five percent of the carbon dioxide emissions that manufacturing aluminum makes.
The amount of money that each individual company can save by investing in a metal recycling machine will vary based on factors such as the type and amount of materials they usually buy, the amount of money that these materials cost on average for their area, and the cost of the metal recycling machine that they choose. It is safe to say, however, that any company that uses a large amount of metal, such as steel or aluminum, can see great savings by investing in a metal recycling machine.
Sources:
http://earth911.com/news/2012/02/06/8-companies-that-make-money-from-recycling/
http://voices.yahoo.com/get-cold-hard-cash-metal-scrap-recyclable-trash-4678265.html?cat=3
http://yourpfpro.com/saving-money-waste-management-recycling-metals/