MINNEAPOLIS, Jan. 21, 2016 /PRNewswire/ -- Appliance Recycling
Centers of America, Inc. (NASDAQ: ARCI), the nation's leading
provider of appliance recycling services, today announced it has
appointed Rachel L. Holmes to the
position of Executive Vice President of the company's subsidiary,
ARCA Recycling, Inc. In this role, Holmes will lead ARCA's
recycling segment's sales and operations in pursuing expanded
business opportunities with utility companies and other clients
across the country. Holmes served as Vice President of Business
Development for ARCA, Inc. from April
2008 until July 2015, when she
transitioned to the role of Vice President of Client Services.
"ARCA Recycling's business opportunities have increased since
our major competitor abruptly ceased operations in November 2015," said Edward R. (Jack) Cameron, ARCA's President and
CEO. "With this influx of business, we decided to realign our
organizational structure to better serve our clients. Fortunately,
we have a wealth of in-house talent to fill these roles. Rachel
brings twenty-five years of experience with ARCA to her new
position. She not only has a solid base of knowledge in all aspects
of the business, she also has proven to work effectively with our
clients and personnel over the years."
Since Holmes joined ARCA in February
1991 she has held positions of increasing management
responsibility in marketing and advertising, business development
and client services. She earned her Bachelor of Arts degree from
the University of Minnesota
(Minneapolis).
About ARCA
ARCA's three business components are uniquely positioned in
the industry to work together to provide a full array of
appliance-related services (www.ARCAInc.com). ARCA
Advanced Processing, LLC employs advanced technology to refine
traditional appliance recycling techniques to achieve optimal
revenue-generating and environmental benefits
(www.ARCAap.com). ARCA Recycling's regional centers
process appliances at end of life to remove environmentally
damaging substances and produce material byproducts for recycling
for utilities in the U.S. and Canada
(www.ARCARecyclinginc.com,
www.ARCACanada.ca). Eighteen company-owned stores under
the name ApplianceSmart, Inc.®
(www.ApplianceSmart.com) 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, including statements regarding
ARCA's future success. 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.
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SOURCE Appliance Recycling Centers of America, Inc.