Recyclers Stuck with Millions of Uncashed Empties in Lockdown

Michiganders are sitting on $60 million worth of empty bottles and cans, a lot of them rattling around in the back of Thad Zajac’s Ford Escape.

Among the 10 U.S. states where grocery and liquor stores pay a nickel or a dime for empty bottles and cans, many have shut down recycling collection centers in Covid-19 lockdowns, leaving residents with a pile of illiquid assets.

That…Read More…