Company Description (as filed with the SEC)
Appliance Recycling Centers of America, Inc. and Subsidiaries (“we,” the “Company” or “ARCA”) are in the business of selling new major household appliances through a chain of Company-owned stores under the name ApplianceSmart, Inc.® We also provide turnkey appliance recycling and replacement services for electric utilities and other sponsors of energy efficiency programs through our subsidiaries ARCA Recycling, Inc. and ARCA Canada Inc. In addition, we have a 50% interest in a joint venture, ARCA Advanced Processing, LLC (“AAP”), which recycles appliances generated from twelve states in the Northeast and Mid-Atlantic regions of the United States for General Electric Company (“GE”) acting through its GE Appliances business component. We are a leading retailer and recycler of major household appliances and generate revenues from: 1. Retail sales of appliances at our ApplianceSmart stores. 2. ... More ...