Waste Industries USA, Inc. Announces Two Acquisitions
The routes acquired from ASP Sanitation provide private residential subscription service in the West Atlanta suburbs. The Company plans to internalize all of the waste collected from these routes in its Grady Road landfill. The collection routes tuck into the recently acquired Waste Connections and Waste Management routes in the West Atlanta suburbs.
The collection operation acquired from Mark Dunning Industries tucks into the Company's Nashville and Clarkesville routes. The Company plans to relocate its existing hauling operation in Clarkesville to the larger maintenance and administrative facility included in the acquisition. The facility is also approved for a transfer station which might provide the Company additional internalization opportunity in the future.
Ven Poole, Vice President, Corporate Development, stated, "With a total of $3.6 million in new revenues, these acquisitions fit nicely into our new West Atlanta and middle Tennessee market. They represent a continuation of our strategy of focusing our acquisition growth on improving route efficiency, reducing SG&A as a percentage of revenue and increasing internalization into Company-owned landfills."
SOURCE: Waste Industries USA, Inc.