RALEIGH, N.C., May 8 /PRNewswire-FirstCall/ -- Waste Industries USA,
Inc. (Nasdaq: WWIN), a regional, non-hazardous solid waste services
company, today announced the acquisition of five hauling operations through
April 30, 2006 that are expected to add approximately $4,000,000 in
annualized revenues.
The company acquired certain assets and customers of Advanced Disposal
Services, LLC in the west Atlanta suburbs. In addition, the company
acquired the assets and customers of Erwin Sanitation, Inc. and
Environmental Waste, Inc., also in the west Atlanta suburbs. All of these
operations will tuck into the company's Atlanta West operation and the
waste will be internalized into its Grady Road landfill.
The company acquired residential customers of Harrison Sanitation
Solutions, Inc. in eastern North Carolina. The customers will tuck into the
company's Rocky Mount and Wilson operations.
The company also acquired the assets and customers of Upstate Waste,
Inc., a private residential waste hauler that operates primarily in the
Greenville County, South Carolina market. This operation will tuck into the
company's Greenville/Spartanburg operations.
Ven Poole, Vice President, Corporate Development, stated, "The
acquisitions completed so far this year clearly demonstrate our steady,
methodical pursuit of strategic acquisitions that tuck into our existing
operations and waste streams that can be internalized into our own
landfills."
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
and Mississippi.
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, risks in the development and operation of landfills, fuel
prices, weather conditions and economic trends 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
http://www.prnewswire.com/comp/120685.html /
CONTACT:
Carol Dalton of Waste Industries USA, Inc.,
+1-919-325-3000
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