The Problem: In February 2010, the sixth-largest earthquake ever recorded shook Chile, causing an estimated $15 billion to $30 billion in damage. One of the businesses affected by the quake was the records management and storage company Iron Mountain, which maintains a number of storage facilities at its Lampa campus in the Santiago metro area. The high-density multilevel racks at several of its storage facilities collapsed during the earthquake, taking part of the building structure with them. In the end, Iron Mountain had to demolish seven warehouses and their associated racking systems due to earthquake-related damage.Read more
