Ronald J. Mittelstaedt, chairman and CEO, said, "The first quarter results reflect very strong margins resulting from further vertical integration of operations and strong internal growth. Despite higher interest costs and higher taxes, the company still performed above consensus expectations. Overall the results continue to be very good as we begin to enter a seasonally stronger time of year. In addition to the excellent operational results of the company, our acquisition backlog also remains strong. We are currently negotiating a new credit facility which, upon closing, should give the company the resources to continue executing its strategy of becoming the leading solid waste company focused on secondary markets in the Western U.S."
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