The U.S. scrap recycling industry is an economic leader and job creator, generating more than $117 billion annually in economic activity and directly supporting nearly 155,000 “green jobs” through its operations (an additional 378,000 jobs are indirectly supported by the industry through suppliers, including producers of recycling equipment and the induced impact of the industry’s expenditures). And to top it all off, all this activity generates more than $13 billion in federal, state and local tax revenues each year. ISRI works to identify and support initiatives that help strengthen these numbers on behalf of all our members, including:
- Access to Markets.
Raising industry awareness in targeted global markets through trade missions and relationship building with key government representatives.
- Increased Recycled Content.
ISRI has long advocated for increased usage of recycled materials in most product categories as an alternative to virgin materials. Recycled content already accounts for a substantial amount of newly manufactured materials such as ferrous and non-ferrous metals, plastics, rubber, paper and glass, demonstrating a proven track record of high performance, cost savings, durability, energy savings and environmental benefits. Through ISRI’s Design for Recycling® (DfR) program and through encouragement, there exist opportunities to advocate for increased recycled content in these and other materials for roads and bridges, waterways, and airports to the nation’s electrical networks.
- Manufacturing Sales Tax Exemptions.
ISRI has long held, and continues to advocate, that recyclers are manufacturers that should be accorded the same benefits of a manufacturers’ sales tax exemption in those states in which such an exemption exists.
- Building upon recent successes in Colorado, Florida, et al, ISRI continues to advise members on the nuances of this area of state tax law and to provide chapter lobbyists on the winning arguments for legislative clarification and tax rulings that ensure the exemption applies to ISRI members.