Exchange-A-Blade wins the Recycling Council of Alberta’s Corporate Leadership Award
2023/11/22

NEWS RELEASE 

Exchange-A-Blade wins the Recycling Council of Alberta’s Corporate Leadership Award 

Delta, British Columbia, November 22, 2023—Exchange-A-Blade (EAB®) is excited to announce it has been awarded the Corporate Leadership Award by the Recycling Council of Alberta’s in its Rs of Excellence program. Rs of Excellence has been designed to recognize the special contributions Recycling Council of Alberta (RCA) members are making to, “promote, facilitate, and advocate for a Circular Economy in Alberta through waste reduction and resource conservation.” 

RCA’s recent announcement stated, “Pioneering sustainable practices since 1976, EAB introduced a unique program enabling users to return worn power tool accessories for credit, reducing landfill waste and promoting a circular economy. Its dedication to sustainability sets a powerful example for the industry.” 

“We are delighted to receive this distinguished award. EAB has been a pioneer in promoting and advocating for waste reduction and resource conservation in the power tool industry for more than 47 years,” says Rob Forbes, Founder and Owner of EAB Power Tool Company. “We are a company dedicated to making a difference to our environment, one power tool at a time by recycling or remanufacturing tools to as good as or better than new.” 

Forbes has lived by the belief that if you make something, you should take responsibility for it, and manage it through its entire life cycle. Professional contractors and home DIYers buy EAB’s high-performance power tool accessories and return them for a credit—up to 40%—when worn towards the purchase of a new power tool accessory.  

EAB’s green exchange system keeps high quality steel out of our landfills and reduces new metal consumption while EAB fulfills its ongoing commitment to a sustainable future. On average, EAB’s green exchange system keeps 65 to 70 tons of steel out of our landfills annually.  And its remanufacturing process saves 98 tons of iron ore, 59 tons of coking coal, 10 tons of limestone, 2.4 million gallons of water, 1,400 GJ of energy, and 105 tons of CO2 emissions1.   

EAB stands by its vision to protect the future through many other programs, including eliminating the use of toxic materials such as chromium and paints in its products. Additionally, EAB has reduced its packaging to the bare essentials, using paper and cardboard wherever possible and significantly minimizing the use of plastics. And EAB’s territory managers enjoy the use of a fleet of 35 plus Prius hybrid and electric cars as they service over 27,000 retail outlets across North America.  

CONTACT:

Catherine McBride
EAB Tool Company Inc.
+1 604 526 4595 ext 240
marketing@eabtool.com

Backgrounder

• EAB is a power tool accessories provider that offers a comprehensive selection of performance blades, bits, hole saws, abrasives and more.
• Over the past 47 years, EAB has become a North American success story with a proven track record for providing high performance power tool accessories at affordable prices. EAB is dedicated to sustainable solutions and manufacturing practices.
• EAB’s green exchange system allows customers to buy a product and return it after use for a credit towards their next purchase.
• EAB’s unique buy, use, exchange and save system means customers save time and money—offering exceptional value to professional contractors and home DIYers (up to 40 per cent savings).
• The green exchange system provides retail dealers with a ready-made loyalty program, and their customers with significant savings over comparable competitors’ products.
• Carbide saw blades returned to EAB through the green exchange system are remanufactured, in Canada, to new, or better than new, condition (35,000 per annum).
• EAB uses state-of-the-art robotic equipment to manufacture new saw blades at its 40,000 square foot Canadian manufacturing facility using best environmental practices.