Corporate News

WASTE MANAGEMENT GETS CONTRACT

The City of Oakland, Calif., recently announced that it has reached an agreement with Waste Management of Alameda County under which the company will provide the city with solid waste collection, recycling and disposal services for the next 15 years. The contract extension will provide new equipment and expanded service to residents. Oakland residents will have their yard debris collected along with their refuse – a new service, and 200,000 new refuse carts will be distributed to local households.

Under the agreement, Waste Management of Alameda County forgives the city of Oakland $11.8 million in debt in exchange for the ability to adjust its rates to allow for cost increases due to inflation. However, waste collection rate hikes cannot exceed 5 percent.

The agreement also results in less truck traffic by using a “one-pass” system designed to maximize recycling and yard debris collection. Currently, two trucks are required – one to pick up refuse and another to pick up recyclables, and the new yard debris collection would add a third truck. Under the new system, one truck with multiple compartments for material will do the job of three trucks.

WEYERHAEUSER BUYS RECYCALL CORP.

Weyerhaeuser Co., Federal Way, Wash., which has been on a recycling company acquisition spree lately, has acquired its 35th recycling facility, Recycall Corp., Atlanta. The business collects old corrugated containers, newsprint, aluminum and scrap from printers. Weyerhaeuser plans to double collection at Recycall within one year.

“Our experience in printing industry recycling will enable Atlanta-based printers to expand their efforts as a raw material supplier to paper mills,” says George Henson, vice president of Weyerhaeuser’s recycling business. Overall, Weyerhaeuser plans to collect nearly 3 million tons of paper this year.

RECYCLING INDUSTRIES BEGINS TRADING ON NASDAQ

Recycling Industries Inc., Englewood, Colo., has been approved for a NASDAQ SmallCap listing and is now trading on NASDAQ under the trading symbol RECY. “A NASDAQ SmallCap listing is a significant step forward for our company, providing brokers and investors improved visibility, enhanced liquidity and increased competition among the more than 435 active market makers,” says Tom Wiens, chairman and CEO of Recycling Industries.

Recycling Industries focuses on recycling paper, plastic, metals and organic materials. Last year it had about $15 million in sales.

PRODEVA TO MAKE AND MARKET UN-BAGGER

Prodeva Inc., Jackson Center, Ohio, has entered into an agreement with Lande Environmental Inc., Whitmore Lake, Mich., to manufacture and market that company’s Un-Bagger system. The system is used to open bags of mixed recyclables at a rate of one per second. It also separates the bag from the contents and bales the bags.

AMERICAN BALER DEALER OPENS NEW IOWA FACILITY

American Baler, Bellevue, Ohio, announced that its plains states territory dealer, Elliot Equipment Co., Davenport, Iowa, has opened a new facility in Davenport. The new operation consists of a warehouse with 6,500 square feet of shop space and 3,500 square feet of office space, located on a two-acre concrete yard.

HERTZ EQUIPMENT GOES TO GEORGIA

Hertz Equipment Rental Corp., Park Ridge, N.J., has opened a new branch in Columbus, Ga. The new 20,000-square-foot facility is located on 2.8 acres and is ready to service the rental and sales needs of contractors, industry and government entities in the region.

HERC provides daily and longer rental of more than 300 types of equipment, including backhoes, dozers, loaders, excavators, air compressors, forklifts, aerial platforms, generators, welders, trucks, double drum vibratory rollers and concrete mixers.

NISSAN FORKLIFT, CLARK SIGN SUPPLIER PACT

Nissan Forklift Corp., North America, Marengo, Ill., and Clark Material Handling Co., Lexington, Ky., have signed a mutual supplier agreement enabling each company to market a number of the other company’s  leading products under its own brand nameplate.

Nissan Forklift will distribute four models of Clark trucks: an electric-powered three-wheel counterbalanced truck, an electric-powered stand-up rider, a narrow-isle reach truck and a series of large capacity engine-powered cushion-tire counterbalanced trucks.

In exchange, Clark will distribute three Nissan Forklift vehicles: a narrow-isle order picker truck, a center-controlled pallet truck and an electric-powered tugger.

SHREDDING SERVICES, O&E MACHINE FORM ALLIANCE

Shredding Services Inc., Barrington, Ill., recently announced that it will be the marketing and sales agent for the solid waste shredder division of O&E Machine Corp., Green Bay, Wis.

O&E has been making high-torque, low-speed shredders since 1983. Shredding Services has been in operation as a business since 1991.