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Parallel Products assists a National Beer Company with Over $20 Million in Tax Refunds

Submitted by digitalteam@hi… on 10 February 2025

In 2016, a major National Beer Company reached out to Parallel Products with a unique challenge: they needed an efficient and reliable solution for recycling unsaleable beer. This unsaleable beer, whether due to overproduction, product recalls, expiration, or other factors, represented a significant loss for the company. However, this beer also presented an opportunity—tax recovery on unsaleable products that could help recoup some of their losses.

The Importance of Beverage Destruction and Recycling: A Sustainable Solution

Submitted by digitalteam@hi… on 13 December 2024

 

In today's environmentally conscious world, businesses are continually seeking ways to reduce waste and improve their sustainability efforts. One industry that has taken significant steps toward greener practices is the beverage industry. When dealing with unsellable products, whether expired, damaged, or recalled, companies must dispose of them efficiently, securely, and eco-friendly. That's where beverage destruction and recycling services come into play.

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