Rockaway Recycling Featured in the Wall Street Journal
Posted: April 21, 2016
Recently the Rockaway Recycling team was honored to be featured in the Wall Street Journal. The feature article was focused on the struggles of the current conditions of the scrap metal market and how our team and philosophy has shifted technology use in the scrap industry.
“Eighteen dollars! Is that all it’s worth?” he cried. “You got to be kidding me. I shoulda thrown ’em away!”
It’s a complaint Tom Buechel hears all too often. The young owner of Rockaway Recycling, a small New Jersey scrapyard, says metal prices have tanked. And it’s driving his customers crazy.
“You tell customers prices over the phone and they think you’re joking,” he says.
Two years ago, Mr. Buechel typically paid $600 for a junk car. Now he can offer $100. A washing machine used to fetch $20. Now he might offer $4. – Wall Street Journal
Continue reading the Wall Street Journal article below. We also were able to talk about the evolution of our sister company, iScrap App and how we have continue to bring technology to an otherwise old school industry.
Rockaway Recycling Wall Street Journal Article
As a New Jersey scrap yard started back in 1977, we have had the chance to be featured in some other great publications, but this is one of our most memorable articles. Thank you to our customers that continue to allow us to earn your business each and every time you visit our facility.
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