RALEIGH, N.C., June 19 /PRNewswire-FirstCall/ -- Waste Industries USA,
Inc. (Nasdaq: WWIN), a regional, non-hazardous solid waste services company
based in Raleigh, North Carolina, today announced that Wake County, North
Carolina has contracted with Waste Industries to build and operate a
landfill located in Holly Springs, North Carolina. Under the 25-year
contract, the landfill is scheduled to open in late 2007 with estimated
first year annualized revenues of $6 million.
Jim W. Perry, President and CEO, stated, "For over 35 years Waste
Industries has provided solid waste collection and disposal services to
citizens and businesses in our home of Wake County. We are very pleased
that the county leaders selected our company to construct and operate this
landfill which we believe will help meet the disposal needs of our growing
communities for years to come."
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
risks in the development and operation of landfills, fuel prices, managing
growth, 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
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CONTACT: Carol Dalton of Waste Industries USA, Inc., +1-919-325-3000
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