RALEIGH, N.C., Oct. 10 /PRNewswire-FirstCall/ -- Waste Industries USA,
Inc. (Nasdaq: WWIN), a regional, non-hazardous solid waste services
company, announced the acquisition of three hauling operations that are
expected to add approximately $3.1 million in annualized revenues.
The company acquired the assets and customers of Sanitech/AWD, LLC, a
private residential waste hauler that operates primarily in the west
Atlanta suburbs. This operation will tuck into the company's West Atlanta
operations and the waste collected should be internalized 100% into the
company's Grady Road Landfill.
The company acquired certain hauling operations and customers of
Saunders Superior Services, Inc. in the Wilmington, North Carolina market
area. This acquisition will tuck into the company's current operations in
Wilmington and will improve route efficiency in its commercial and
residential product lines.
The company also acquired the assets and customers of Tyson Sanitation
Services, Inc., a private residential waste hauler that operates in eastern
North Carolina. The customers will tuck into the company's Wilson and Rocky
Mount operations.
Ven Poole, Vice President, Corporate Development stated, "These
acquisitions are a continuation of our long stated goal to internalize more
waste into our landfills and to build dense routes, which should enable us
to provide high quality, efficient and cost effective waste services to our
customers. We are proud that time and again companies and families with
excellent reputations in our industry choose Waste Industries to continue
taking care of their customers' waste disposal needs."
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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