RALEIGH, N.C., May 3 /PRNewswire-FirstCall/ -- Waste Industries USA, Inc.
(Nasdaq: WWIN), a regional, non-hazardous solid waste services company, today
announced the recent acquisition of two companies. The first is the purchase
of approximately 1,300 residential accounts from M & M Sanitation and is a
tuck-in to its Easley, South Carolina operation. "This tuck-in acquisition
demonstrates our continued focus on adding additional customers along specific
routes at existing locations." states Ven Poole, Vice President of Corporate
Development.
The second is the purchase of County Garbage, Inc. located in Alamance
County, North Carolina. Mr. Poole continued, "County Garbage, Inc. presented
a unique opportunity for Waste Industries to continue County Garbage's 40-year
tradition of excellent service and community involvement. We are proud that
they had confidence in our ability to maintain that tradition with their 1,400
customers. This acquisition is a tuck-in to our existing operation in Graham,
North Carolina. It also expands our menu of services at this location to
include the residential market segment."
Waste Industries USA, Inc. is a vertically integrated solid waste services
company that provides collection, transfer, disposal and recycling services to
commercial, industrial and residential customer locations in the states of
North Carolina, South Carolina, Virginia, Georgia, Tennessee, Mississippi, and
Florida.
This press release contains "forward-looking statements" under the Private
Securities Litigation Reform Act of 1995. These forward-looking statements
can generally be identified as such because the statement will include words
such as the Company "expects," "believes," "anticipates" or words of similar
import. Similarly, statements that describe the Company's future plans,
objectives or goals are also forward-looking statements. Forward-looking
statements are subject to risks and uncertainties, such as managing growth,
economic trends, risks in the development and operation of landfills and
weather conditions, that could cause actual results to differ materially from
those currently anticipated. Consider these factors carefully in evaluating
the forward-looking statements. Additional information concerning factors
that could cause actual results to differ materially from those in the
forward-looking statements is contained from time to time in the Company's SEC
filings. The forward-looking statements made herein are only made as of the
date of this press release and the Company undertakes no obligation to
publicly update such forward-looking statements.
SOURCE Waste Industries USA, Inc.
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Related links: http://www.waste-ind.com
Company News On-Call: http://www.prnewswire.com/comp/120685.html
CONTACT: Carol Dalton of Waste Industries USA, Inc., +1-919-325-3000
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