The Ohio Materials Marketplace helps companies access cheaper raw material feedstocks, and avoid landfill disposal fees.
- Marketplace participants benefit from significant economic savings by sourcing cheaper feedstocks from both industrial by-products and post-consumer recycled materials.
- On the flipside, businesses using the marketplace to find outlets for their by-products and waste materials are able to avoid costly landfill tipping fees and waste hauling services.
- In the Austin Materials Marketplace, a city-scale project active since August 2014, businesses and organizations have saved and created more than $165,000.
- Many businesses participating in Materials Marketplace projects are able to generate a significant amount of revenue from recycling and reuse. General Motors, for example, has generated nearly $1 billion in annual revenue through reuse and recycling of its by-products.