Date: June 2, 2011
Source: IESI Corporation and SDT Waste and Debris Services
Progressive Waste Solutions (Toronto, ON), formerly known as IESI-BFC, has acquired SDT Waste and Debris Services of Chalmette, LA. SDT, whose flamboyant owner and founder is Sidney Torres who has been featured on television's "Trash Men," has gained fame for winning the contract to collect waste from the French Quarter and downtown sections of New Orleans, where it uses perfume to cleanse the streets of remnants of countless nights of debauchery. The SDT contracts will not be affected by the acquisition nor will SDT change its name, according to a press release. Tom Martyn, a New Orleans-based district manager for IESI, which is Progressive's U.S. subsidiary, will oversee SDT. In addition to New Orleans, SDT's 250 employees provide waste collection services in 24 cities and parishes in Louisiana including the town of Independence; and in the parishes of East Feliciana, Iberia, St. Charles, St. Bernard and Tangipahoa. "My decision to join forces with IESI, a part of Progressive Waste Solutions, was an easy one," Torres said in a press release. "Over the last five years, they have been our strongest competitor in the state of Louisiana, and they value their employees and deliver the highest quality of service, just as SDT does. I have every confidence that our customers will never notice the difference."
June 02, 2011
SDT Waste and Debris Services, LLC Acquired by IESI Corporation
Combination Expected to Enhance SDT's Growth and Service in Louisiana
Press Conference at 1:30 pm, June 2, 937 Esplanade Avenue
IESI Corporation ("IESI") and SDT Waste and Debris Services, LLC ("SDT") jointly announced today that SDT will join IESI, a subsidiary of Progressive Waste Solutions Ltd. ("Progressive Waste Solutions"). Terms of the deal were not disclosed.
SDT will retain its name and brand and continue to operate out of its Chalmette and Independence, Louisiana headquarters as a Progressive Waste Solutions company. SDT President Sidney D. Torres, IV, has been retained as a consultant and has resigned his position as president of the company. Tom Martyn, District Manager for IESI and based in New Orleans, will oversee the operations.
"My decision to join forces with IESI, a part of Progressive Waste Solutions, was an easy one. Over the last five years, they have been our strongest competitor in the State of Louisiana and they value their employees and deliver the highest quality of service, just as SDT does. I have every confidence that our customers will never notice the difference," said Mr. Torres.
Mr. Martyn commented, "We have the greatest respect for Mr. Torres and the SDT team. SDT's success has been built on a foundation of excellent customer service and IESI shares that commitment. From our drivers and helpers to our customer service representatives, we take pride in serving communities throughout Louisiana. We look forward to joining with the SDT team and delivering seamless service together."
All SDT contracts and agreements are unaffected by the merger. SDT will remain the municipal waste contractor for the New Orleans French Quarter and downtown as well as the waste contractor for the parishes of Iberia, East Feliciana, St. Bernard, St. Charles, Tangipahoa and the town of Independence.
SDT's 250 employees were notified of the merger shortly before the announcement today. "The number one reason that SDT expanded to 24 cities and parishes in five years has been because of the hard work and dedication of our employees. They paid attention to every detail on their routes, maintained clean trucks, neat uniforms and positive attitudes," Mr. Torres said. "IESI is in a position to continue SDT's growth and increase the level of service that SDT currently provides to its customers."
Progressive Waste Solutions is the third largest non-hazardous solid waste solutions provider in North America, providing services to more than four million commercial, industrial and residential customers in twelve states and the District of Columbia in the United States and six provinces in Canada.
About SDT Waste and Debris Services, LLC
Established in the days following Hurricane Katrina, SDT Waste and Debris Services, LLC now serves 24 parishes in Louisiana and is the largest privately owned waste provider in the State of Louisiana providing curbside pickup and debris removal services for municipal, commercial and residential customers. Torres and SDT's success has been featured in national media outlets such as the Wall Street Journal, USA Today, Forbes and National Public Radio. For company information call (866)45-WASTE or visit www.sdtwds.com.
About IESI Corporation
IESI is a full service solid waste management company founded in 1995. In Louisiana, IESI services more than 455,000 commercial, industrial and residential customers. IESI is a subsidiary of Progressive Waste Solutions Ltd., one of North America's largest full-service waste management companies, providing non-hazardous solid waste collection and landfill disposal services for commercial, industrial, municipal and residential customers in twelve states and the District of Columbia in the U.S. and six provinces in Canada. To find out more about Progressive Waste Solutions Ltd., visit www.progressivewaste.com.