Waste Industries Settles with DOJ Over Virginia Operations
Waste Industries has reached a settlement with the U.S. Justice Department to sell certain small-container waste hauling assets in the Norfolk, Virginia area in order to restore competition. The government had asserted that Waste Industries' 2003 purchase of assets from Allied Waste had reduced competition for collection. Waste Industries has also agreed to reduce customer contracts from five years to an initial term of no more than two years...Read More »
Wal-Mart Expands Plastics Recycling Program
Wal-Mart Stores Inc. has expanded its pilot recycling program, which sandwiches layers of plastic shrink-wrap, bags, apparel bags, and other film between cardboard. The "sandwiches" contain 9 to 18 inches of plastic between 10 to 20 inches of cardboard. The company began the pilot project at 326 Wal-Mart and Sam's Club stores, and will expand it to another 267 stores across a total of 17 states...Read More »
E&E Wins Two Contracts with New York State
Ecology and Environment has won two seven-year consulting/engineering contracts with the New York State Department of Environmental Conservation, with each contract worth up to $7 million. The company will continue to provide assessment and characterization of waste sites, investigate contamination, and conduct cleanups. The contracts continue E&E's 15-year relationship with the DEC...Read More »
Allied Waste Names New Member to Board of Directors
Allied Waste Industries has announced the appointment of James A. Quella to its Board of Directors. Quella is a Senior Managing Director and Senior Operating Partner at The Blackstone Group L.P., and replaces Howard A. Lipson, Senior Managing Director of Blackstone, who stepped down from the board earlier this summer...Read More »
Insituform Technologies Revises Q2 Earnings Downward
Insituform Technologies has revised its second quarter 2005 financial results downward. The company had originally announced net income of $3.6 million, or $0.13 per diluted share, for the quarter, but has revised that figure to $2.7 million, or $0.10 per share. The adjustment results from a revised cost estimate to complete an isolated project, which is now approximately 70 percent complete...Read More »
Connecticut Residents Favor Removal of Mercury From Fillings
A new survey by Zogby International (www.zogby.com) finds that more than 80 percent of Connecticut residents would like to see a ban on the continued use of amalgam mercury fillings. The survey, conducted by Consumers For Dental Choice (www.toxicteeth.org), will aid the group in campaigning for the elimination of mercury in fillings in favor of other compounds. Environmentalists have charged that mercury can end up in wastewater or landfills when fillings are installed or removed...Read More »
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