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Coat Hangers Go Green Like Money


Springwise:

3.5 billion wire hangers are tossed into landfills every year, and that’s just in the United States.

While the hangers are light, inexpensive and sturdy, they’re not exactly bio-degradable.

Hanger Network has developed an alternative: a dry cleaner’s hanger made entirely from recycled paper. EcoHangers are sturdy and cheap. And because they’re paper, they can be completely covered in full-color advertising.

Everybody wins: Hanger Network creates a media network of up to 3.5 billion in-home ‘views’, and advertisers gain valuable entry into consumers’ bedrooms for less than the price of a stamp.

Dry cleaners get free hangers (wire hangers are about USD 0.08 each), and consumers no longer have to struggle with awkward tangles of wires. And on top of it all, it’s an earth-friendlier solution.

The company just raised USD 8 million in venture capital, which will allow it to expand from the New York area to the rest of the US.

Photo by Hanger Network.

   

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