Business booming for cellphone rebuilders
CMB Wireless Group in Bohemia Credit: Chris Ware
Consumers' appetite for new and better cellphones has turned into a business bonanza for one Long Island company.
CMB Wireless Group has just taken space in a fourth building, at 4000 Veterans Memorial Hwy. in Bohemia, to handle a snowballing volume of business -- remanufacturing cellphones.
CMB has been in business only five years, and has 340,000 square feet of property in three buildings in Bohemia, including the one on Veterans Highway, and another in Farmingdale.
The company remanufactures about 500,000 cellphones a month, said company chief operating officer Rich Meigh.
Richard Cohen, president of Ashlind Properties in Hauppauge, brokered all of the deals except one at 10 Orville Rd. in Bohemia.
Cohen said that while CMB's expansion is a boost to the Long Island economy, real overall economic growth is still a ways off.
CMB gets used cellphones from various carriers and later sells them to distributors. The company also clears the phones of data such as phone numbers, for security reasons.
"There's a big and growing demand for clean, green recycling of this product," Meigh said. "I think it's just going to grow."
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