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Waste Business Journal Weekly News Bulletin: Feb. 24-Mar. 2, 2005

Headlines...

  1. Waste Industries Reports Three New Atlanta Acquisitions
  2. Allied Waste Industries Offers $600 Million in Senior Notes
  3. Versar Wins 10-Year Hawaii Environmental Restoration Contract
  4. WCA Waste Reports Fourth Quarter and 2005 Results
  5. United Recyclers Offers Auto Salvage Program for Insurers
  6. Plasma Environmental, Astris Energi Work On Waste-To-Energy Opportunities

 

  1. Waste Industries Reports Three New Atlanta Acquisitions

    Waste Industries USA Inc. (Nasdaq: WWIN) has acquired three companies-D&D Disposal, Southland Disposal, and A Plus Disposal-in the greater Atlanta market. The companies will be tuck-in acquisitions to current operations in Woodstock, Georgia. The companies together have $2.7 million in new annualized revenues...Read More »

  2. Allied Waste Industries Offers $600 Million in Senior Notes

    Allied Waste Industries' North America unit will offer $600 million of senior notes due 2015, and will use the proceeds from the sale to redeem its $600 million of senior notes due January 2006. The notes are part of Allied's overall financing plan announced in February...Read More »

  3. Versar Wins 10-Year Hawaii Environmental Restoration Contract

    Versar, Inc. (Amex: VSR) has won a 10-year, $6.4 million performance-based contract from the United States Army Environmental Center for environmental restoration at Tripler Army Medical Center in Hawaii. Services will include remediation of contaminated soils, long-term monitoring of landfills and contamination, and maintenance of closed landfill sites...Read More »

  4. WCA Waste Reports Fourth Quarter and 2005 Results

    WCA Waste Corporation (Nasdaq: WCAA) has reported financial results for the fourth quarter and full year ended December 31, 2004. Revenue for the fourth quarter of 2004 was $20.6 million, a 28.5 percent increase over the $16.0 million reported for the same period in 2003. Operating income for the fourth quarter of 2004 was $2.3 million, up from $1.9 million for the same period last year. Net income for the quarter was $692,000, or $0.05 per share on 14.9 million diluted shares outstanding, up from $320,000, or $0.04 per share on 8.0 million diluted shares outstanding, for the same period last year. For the full year ended December 31, 2004, the company reported revenue of $73.5 million, a 14.4 percent increase over the $64.2 million reported for the full year in 2003...Read More »

  5. United Recyclers Offers Auto Salvage Program for Insurers

    United Recyclers Group, LLC has unveiled its trademarked Premium Salvage program to help the insurance industry dispose of total-loss vehicles. With close to 300 auto recyclers across the country, United Recyclers Group, LLC offers a 48-hour guarantee for picking up vehicles for the insurance industry. The URG network of auto recyclers stores the cars for free, then takes digital images of the total loss and displays them on the URG salvage auction acquisition website for a weekly nationwide sale...Read More »

  6. Plasma Environmental, Astris Energi Work On Waste-To-Energy Opportunities

    Plasma Environmental Technologies Inc. (TSX VENTURE: PE) and Astris Energi Inc. (OTC: ASRNF) are teaming up to pursue opportunities to employ the hydrogen produced from Plasma's waste-processing technology for use in Astris' hydrogen fuel cell systems.
    Plasma's Plasma Assisted Gasifier process is a unique cogeneration system that converts solid organic waste into energy, a technology co-owned by Kinectrics Inc. Waste that may be converted into hydrogen by the PAG includes sorted municipal solid waste with a high BTU value, agricultural waste, de-watered sludges, and chipped tires. The energy produced can either be sold, or used internally to supplement the site's electricity costs...Read More »

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