Waste Management buys out BFI
The Houston-based Waste Management bought out Allied Waste in Garfield, Pitkin, Eagle and Mesa counties July 1, according to a press release. Allied Waste operated in these counties as BFI.
“Customers in these areas will not see any immediate changes in their service levels, billing or phone numbers,” said Waste Management spokesperson Doug Nicoll. “Any service or other changes will be communicated to customers in advance.”
Approximately 13,000 customers were served by BFI in the four counties.
Waste Management also bought Allied Waste assets in Myrtle Beach, S.C., and Augusta, Ga., on July 1.
“Earlier this year, we announced that we would spend up to $375 million in 2003 on strategic acquisitions,” said A. Maurice Myers, Waste Management chairman. “We view this as strategic `tuck-ins,’ since they integrate nicely into our existing operations, and in many cases allow us to internalize our own volumes.”
In April, Waste Management bought Allied Waste assets in New Jersey, South Carolina, Georgia and Oklahoma.
Previous to the BFI purchase, Waste Management served parts of Garfield County through its Carbondale office.
Waste Management serves residential, municipal, commercial and industrial customers throughout the United States, Canada and Puerto Rico. The company has approximately 25 million residential customers, and 2 million commercial customers.
Waste Management’s wholly owned subsidiary, Recycle America, is the largest collector of recyclable materials from businesses and households in North America. The company also has the sixth largest trucking fleet in North America.
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