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Waste Business Journal Weekly News Bulletin: Dec. 8-14, 2004

Headlines...

  1. Bush Nominates EPA's Leavitt To HHS Post
  2. BFI Purchases Ontario Landfill From Waste Management
  3. Allied Names Don Slager President
  4. Independent Haulers Alliance Rolls Out New Website
  5. Casella Plans Shelf Registration of $250 Million
  6. China Begins Plans For Olympic-Inspired Environmental Cleanup

 

  1. Bush Nominates EPA's Leavitt To HHS Post

    President Bush has nominated Environmental Protection Agency head Michael Leavitt to the position of secretary of Health and Human Services, replacing the outgoing Tommy Thompson. Leavitt, a former governor of Utah, served as administrator of the EPA for about a year. One of the early candidates for Leavitt's vacated post is James Connaughton, the chairman of the White House Council on Environmental Quality...Read More »

  2. BFI Purchases Ontario Landfill From Waste Management

    BFI Canada Income Fund has purchased the Ridge Landfill in Chatham, Ontario for $89.9 million to expand its presence in the Toronto area. The 647-acre landfill has an estimated 19 years of capacity remaining, and reported profits of C$12 million in 2003 on revenues of C$17 million. Waste Management expects to record a gain on the sale of $35 million to $40 million...Read More »

  3. Allied Names Don Slager President

    Allied Waste Industries has named Donald W. Slager president in addition to his current duties as chief operating officer. Slager succeeds Thomas H. Van Weelden, who resigned as president and a board member in October. Van Weelden also served as Allied's chairman and chief executive, but was replaced in those capacities by former Sysco Corp. chief Charles H. Cotros...Read More »

  4. Independent Haulers Alliance Rolls Out New Website

    The Independent Haulers Alliance has announced the rollout of its new website, www.haulersalliance.com. The alliance is designed to help independent hauler save money and strengthen negotiating power with vendors. The Alliance's Board of Directors continues to offer Charter memberships; full details are on the website...Read More »

  5. Casella Plans Shelf Registration of $250 Million

    Casella Waste Systems has announced it plans to periodically sell up to $250 million in debt securities, preferred and common stock, warrants and units. In its shelf registration statement filed with the SEC, the company said it plans to use the proceeds for a variety of corporate purposes, including acquisitions. Under the shelf registration, Casella may sell securities in one or more separate offerings with the size, price, and terms determined at the time of the sale...Read More »

  6. China Begins Plans For Olympic-Inspired Environmental Cleanup

    The Peoples' Republic of China is preparing to initiate a multi-year environmental cleanup in preparation for the Olympics in Beijing in 2008. In addition to its ongoing political and social problems, China faces significant environmental challenges from overpopulation, industrialization, and overuse of natural resources. The nation is the world's largest pollutant emitter. Tekron Inc. (OTCBB: TKRN) is one of the companies initiating discussion with China in an attempt to help the nation meet its environmental goals...Read More »

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