RePlanet

RePlanet recycling centers circle the drain

California’s largest operator of recycling redemption centers abruptly shut down Monday and laid off 750 employees. RePlanet pulled the plug on all 284 of its centers, and company president David Lawrence said the decision was driven by increased business costs and falling prices of recycled aluminum and PET plastic. The recycling center, generally operated by one or two employees in kiosks at shopping centers anchored…