Alchemy Opens New Device Refurbishment Facility in Miami County

A new Miami facility will process sixty thousand mobile devices per month (including phones, tablets, and smart watches). The site is owned and operated by Alchemy, a global leader in the circular technology market.

The devices, sourced from leading device manufacturers, retailers, and mobile carriers, will be resold into B2C and B2B markets via Alchemy’s online store LoopMobile and its channel partners. The new site marks the next step in Alchemy’s phenomenal growth and innovation in the circular technology market.

The new site will have the ability to process up to sixty thousand mobile devices per month, avoiding more than 49,000 tonnes of Co2e emitted on new device manufacturing, per year, as a result.

Alchemy is the fastest-growing, global circular technology company. The company has traded over 5 million devices; went from zero to $443 million in annual revenue in five years; operates across 60 markets and has avoided an estimated 342,200 tonnes of CO2e.

James Murdock, co-founder, Alchemy, says: “Alchemy is on a growth mission and our new site in Miami is key to that. With more space on the ground to refresh devices, the greater our ability to keep up with the incredible demand for quality, affordable, refurbished tech, and the better we can do for the planet. A huge thank you to the people of Miami for welcoming us.”

Miami Mayor Francis Suarez says: “Miami has become a home for fast growing companies and inspiring entrepreneurs, and I am thrilled to welcome Alchemy to the city. Its brought an exciting boost to the local economy, opening more jobs in the area. I look forward to seeing the company continue building on its success.”

Alchemy is headquartered in Dublin, Ireland and operates two major technology centers in Kildare, Ireland, and Newcastle-under-Lyme in the UK. It also has facilities for device warehousing, device triage and grading, reverse solutions and picking, packing, and shipping in upwards of 9 other countries – Hong Kong, Australia, South Korea, Taiwan, Japan, Netherlands, Spain, Italy, and the USA.

Alchemy is the fastest-growing global circular tech company in the world. It has traded over 5 million devices and has avoided an estimated 342,200 tons of CO2e through its refresh process.

Alchemy's pioneering technology seamlessly integrates every stage of the circular tech market, from trade-in to remarketing to businesses and consumers. It recovers devices directly from consumers through its partnerships with manufacturers, mobile carriers, and retailers, manages their trade-in programs, and facilitates the transactions from end to end, creating a transparent chain of custody. Its proprietary technology empowers consumers and businesses across the world to recover value safely and securely from their used devices.

It owns LoopMobile, an online retailer of used mobile phones – operating in major markets, including the United Kingdom, Australia, and the United States.