Michigan Democrats Strike Deal on Canadian Waste Imports
In a surprising reversal of their earlier strategy to halt the flow of Canadian waste into their state, Michigan democrats have struck a deal with Ontario to voluntarily stop shipments by 2010. In exchange, U.S. Senators Debbie Stabenow and Carl Levin plan to not pursue a measure that would saddle Canadian trash haulers with about $420 in fees per truck for security inspections. The new deal is a sharp departure from the previously stated goal of heightened security and reveals the seamy political underbelly of the dispute...Read More »
US House Will Debate a Bill on Canadian Waste Imports
On Wednesday, September 6, 2006, the US House of Representatives is scheduled to debate a bill that would allow states to regulate waste imports originating outside of the country. The bill, entitled the "International Solid Waste Importation and Management Act of 2005," H.R. 2491, sponsored by Rep. Paul Gillmor (R-Ohio), seeks to address the hot button issue of ever increasing waste flows from Canada into Michigan...Read More »
Study of World Trade Center Responders Finds Persistent Health Problems
A new study by the Mount Sinai School of Medicine found that more than two-thirds of those involved in the rescue and cleanup of the World Trade Center suffer respiratory problems. The study, which is to be published in the journal Environmental Health Perspectives, found new or aggravated breathing problems in 69 percent - some 6,500 workers out of a pool of 9,442 that were screened. According to the study, 27 percent of non-smokers had abnormal breathing, about twice the normal rate. Overall, about 20 percent had low lung capacity, which is about five times the normal level. The problems were most severe among those who worked at the site just after the buildings' collapse...Read More »
Heil Sells Truck Equipment Business to Focus on Refuse Industry
Heil Environmental sold its truck equipment business, Heil Truck Equipment Group, to Truck Bodies and Equipment International, Inc. (TBEI) a portfolio company of Kirtland Capital Partners. The sale consists of a 204,000 square foot plant in Tishomingo, MS that manufactures dump bodies, snow & ice bodies, and hoists and a dealership in Austell, GA. Meanwhile, TBEI will continue to operate the plant and combine operations with previously acquired companies Crysteel Manufacturing, Ox Bodies, Rugby Manufacturing, and Hardee Equipment Co. Heil is utilizing the sale to focus exclusively on its core refuse business...Read More »
Moody's Puts A1 on Los Angeles Solid Waste Bonds
Moody's investor service recently assigned an A1 rating to the City of Los Angeles Solid Waste Resources Revenue Bonds, Series 2006-A. The A1 rating affirms Moody's confidence in the city's relatively strong position given its broad and highly stable customer base...Read More »
Allied Waste Names Stephanie Drescher to its Board of Directors
Allied Waste Industries, Inc. (NYSE: AW) announced the appointment of Stephanie Drescher to its Board of Directors effective immediately. Ms. Drescher assumes the seat on Allied's 11-person Board recently vacated by Antony P. Ressler, Managing Partner of Ares L.L.C. and a co-founder of Apollo Advisors who resigned after having served on the board since 1997. Ms. Drescher joined Apollo in 2004 as a Partner after having been with JP Morgan for ten years, primarily in its Alternative Investments group...Read More »
Casella Waste to Host Conference Call on Thursday, September 7, 2006
Casella Waste Systems, Inc. (Nasdaq: CWST) will host a conference call on Thursday, September 7, 2006 to discuss its financial results for the company's fiscal year 2007 first quarter, which ended July 31, 2006. The company, which has already released preliminary results, will formally announce those results at the close of the market on the day prior...Read More »
Clean Harbors Fights Back Against Adams County to Save Deer Trail Facility
An exasperated Clean Harbors is fighting back against Adams County, Colorado, which seems determined to shut down the company's Deer Trail facility. Clean Harbors filed an injunction in county district court that seeks to prevent the county from attempting to serve a cease and desist order, or initiate proceedings to revoke its permit. The county has already filed a number of unsuccessful lawsuits in this attempt. Last month an Adams County District Court Judge ruled that Adams County did not have standing to sue the state of Colorado for issuing a hazardous waste permit to the Deer Trail facility. That decision complemented an earlier May 5 ruling by the Denver District Court to dismiss Adams County's appeal of Deer Trail's radioactive materials disposal license...Read More »
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