STOCK TITAN

Global Industrial Launches Trash Talk(TM) Enhanced Trash Can Product Line in Partnership with Nordsense

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

Global Industrial Company (NYSE:GIC) has launched the Trash Talk connected trash can product line in collaboration with Nordsense, utilizing IoT sensor technology to enhance waste management efficiency. This partnership aims to reduce waste collection by up to 50%, optimizing fleet routes and providing real-time monitoring of fill levels. The product line, which includes 11 types of trash receptacles, is designed for municipalities, waste operators, and facility managers, reinforcing the commitment to environmentally friendly solutions and customer experience.

Positive
  • Launch of Trash Talk product line leveraging Nordsense technology.
  • Potential 50% reduction in waste collection costs.
  • Enhanced operational transparency and data-driven decision-making.
Negative
  • None.

- Connected Waste Collection Increases Efficiency Through a Cleaner, Greener and Smarter Solution -

PORT WASHINGTON, NY / ACCESSWIRE / October 20, 2021 / Global Industrial Company (NYSE:GIC), a value-added national distributor of industrial products and MRO supplies, today announced the launch of the Global Industrial Trash TalkTM connected trash can product line in partnership with Nordsense. The connected Nordsense technology equipped trash cans provide a complete end-to-end waste optimization solution based on IoT sensor technology. The fully integrated trash cans save time, money and reduce the environmental impact of trash collection.

The ability to monitor real-time fill levels of waste receptacles and optimize fleet collection routes adds immense value to the trash pick-up process and ultimately reduces collections according to Nordsense, whose customers have experienced waste collection reductions of up to 50%. The Nordsense technology will be available on the Global Industrial Trash Talk product line, which includes eleven trash receptacles that can provide significant benefits to cities, municipalities, waste operators, collectors, haulers, facility management, campuses, and others. The Trash Talk product line is fully supported by and managed through the Nordsense Waste Management Solution, including intelligent routing and asset tracking.

Bruce Zutler, Vice President, Global Private Brands at Global Industrial Company, said, "The launch of the Trash Talk product line and the integration of the Nordsense technology is very exciting and brings substantial value to our customers. It creates a seamless and efficient trash pick-up solution that saves customers time, money and resources by cutting out unnecessary steps in the pick-up process, all while positively impacting the environment. This partnership with Nordsense allows us to create a smarter solution and furthers our commitment to our accelerate the customer experience strategy."

Anders Engdal, CEO at Nordsense, said, "The Global Industrial brand is known for exceptional quality, and the integration of our technology provides customers with an innovative and comprehensive solution to more efficiently manage waste receptacles and the pick-up process. We look forward to working with Global Industrial and enabling their customers to redefine their approach to waste management through Nordsense's smart sensors, with real-time data insights."

The Nordsense technology is powered by IoT smart sensors, which are the length and width of a credit card, and track fill levels, temperature, movement, and other data points in waste containers in real time. The sensors are connected through a network and data is sent to the online platform via the cloud. The data shared on the cloud provides in-depth reports, 3D topology maps, and actionable insights on waste generation patterns, ultimately producing a shared place to evaluate intelligent routing and asset tracking.

According to Nordsense, almost 90% of the world's waste is collected at the wrong time. Through the utilization of the Global Industrial Trash Talk cans, customers will experience operational transparency, better and more data-driven decision-making, reduced running costs, optimized resource allocation, increased recycling rates, lower carbon footprints, less overflowing waste, cleaner streets, better working environments for drivers and waste collectors, and more.

About Global Industrial Company

Global Industrial Company (NYSE:GIC), through its operating subsidiaries, is a value-added industrial distributor. For more than 70 years Global Industrial has gone the extra mile for its customers, and offers more than a million industrial and MRO products, including its own Global Industrial exclusive brands. With extensive product knowledge and a solutions-based approach, Global Industrial helps customers solve problems and be more successful. At Global Industrial, "We can supply that®."

About Nordsense

Nordsense has developed a groundbreaking waste platform that will revolutionize the way we handle and collect waste today. With the help of data analytics, Nordsense creates a smarter waste management system that provides a better working environment, less waste and pollution and contributes positively to the climate accounts by creating a more efficient waste sector. For more information go to: https://nordsense.com/.

Forward-Looking Statement

This press release contains forward looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995 (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Additional written or oral forward-looking statements may be made by Global Industrial Company, from time to time in filings with the Securities and Exchange Commission or otherwise. Any such statements that are not historical facts are forward looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on management's estimates, assumptions and projections and are not guarantees of future performance.

Investor/Media Contact:

Mike Smargiassi/ Ryan Golden
The Plunkett Group
212-739-6729
mike@theplunkettgroup.com / ryan@theplunkettgroup.com

SOURCE: Global Industrial Company



View source version on accesswire.com:
https://www.accesswire.com/668578/Global-Industrial-Launches-Trash-TalkTM-Enhanced-Trash-Can-Product-Line-in-Partnership-with-Nordsense

FAQ

What is the Global Industrial Trash Talk product line?

The Trash Talk product line is a series of connected trash cans launched by Global Industrial in partnership with Nordsense, designed to optimize waste management using IoT technology.

How does the Nordsense technology improve waste collection?

Nordsense technology allows for real-time monitoring of waste fill levels and optimizes collection routes, potentially reducing waste collection by up to 50%.

What benefits does the Trash Talk line offer to municipalities?

The Trash Talk line provides municipalities with operational transparency, cost reduction, increased recycling rates, and a cleaner environment.

When was the Trash Talk product line launched?

The Trash Talk product line was launched on October 20, 2021.

What is the stock symbol for Global Industrial Company?

The stock symbol for Global Industrial Company is GIC.

Global Industrial Company

NYSE:GIC

GIC Rankings

GIC Latest News

GIC Stock Data

965.13M
17.81M
53.18%
33.67%
0.86%
Industrial Distribution
Wholesale-industrial Machinery & Equipment
Link
United States of America
PORT WASHINGTON