[From the Trash to the Store]
TerraCycle Trident (Mars) Aveeno office The Home Depot Target Include USA Kashi
TerraCycle’s business model follows the age-old refrain: one person’s trash is another’s treasure. The company has collected millions of used bottles, cereal boxes and packages, and has converted these materials into shopping bags, backpacks, watches, and pencil pouches.
In all, TerraCycle offers more than 150 products to consumers via large retailers like Target, Wal-Mart, OfficeMax, Whole Foods, and The Home Depot. In 2009, the company reported $7.6 million in revenue and its projection for 2010 is double that. Its number of employees also increased to 75 in 2009 from 50 in 2008.